The subjects comprise modern warehouse accommodation in two parts with each unit having an eaves height of c. 7.75m and a clear height of c. 9.80m.
The units are of steel portal frame construction under a shallow double pitched profiled sheet roof. The walls are double skinned and profiled sheet.
A substantial concrete surfaced yard is positioned at the south west corner and is accessed from the units via high roller shutter loading bays. Access to the yard is from both the front elevation and the rear elevation (southern) where there are 3m high steel gates.
Building A
Is a substantial warehouse prominently positioned at the corner of Helen Street and Loanbank Quadrant, with excellent exposure to Helen Street.
Access to the unit is from a secure electrically operated 3m high steel gate. Staff and visitor car parking is provided to the front of the subjects underneath a canopy roof. Loading access within the warehouse is from the south west corner to a designated goods-in section. Staff and visitor/trade access is from a modern glazed frontage.
The warehouse finishes are standard including sodium lighting and gas fired blower heating throughout. The floor loading capacity is 30kn/m3. There is 3 phase power supply. There is office and ancillary accommodation over ground and mezzanine levels with modern finishes.
Building B
Fronts Loanbank Quadrant and benefits from substantial car parking (circa 50 car spaces) to the front. Loading access is afforded from five loading bays at the southeast corner of the unit. Staff and trade/visitor access is provided from a modern glazed frontage positioned behind the security gate.
Internally, the subjects comprise trade counter/office accommodation to the front with warehousing to the rear. The finishes / specification are as per Building A.
Location
The subjects are located on the west side of Helen Street at its junction with Loanbank Quadrant within the Govan area of Glasgow, which lies approximately 2 miles south west of the city centre on the south bank of the River Clyde.
Helen Street occupies a strategic location and is one of the premier business addresses within the west of Scotland. The location benefits from excellent access to the motorway network with J23 & J24 of the M8 being very close by, leading to the M74 going south and the wider motorway network. The expanding Pacific Quay Media Village is approximately 0.5 miles to the east. The north of the city can also be reached via the Clyde Tunnel which lies close by, around one mile from the subjects.
Surrounding occupiers include Ceramic Tile Distributors, Speedy Hire, Jewson, Morris & Spottiswood, Topps Tiles, Howdens and CCF. The new Queen Elizabeth University Hospital lies approximately one mile to the west of the subjects. Govan Subway Station is a short walk from the premises and regular bus services operate locally, with particular emphasis being a fast link between the city centre and the new hospital.
Glasgow International Airport, the main international airport for Scotland, is located around 5 miles to the west of the subjects. Scheduled flight destinations include United States, Canada, Europe and Dubai.
Accommodation
We calculate the subjects have the gross internal areas:
Building A - 40,314 sq ft (3,747 sq m) **
Building B - 29,074 sq ft (2,702 sq m)
TOTAL - 69,388 sq ft (6,449 sq m)
** includes a mezzanine floor of 1,840 sq ft (171 sq m)
Terms
Terms - The subjects are available by way of an Assignation of an existing full repairing and insuring lease, expiring 20 May 2023.
The passing rent is £XXX per annum and is due for review in May 2018.
Alternatively, subject to covenant status, our client may consider a sub-lease for a co-terminus period.
Rateable Value - RV £XXX - Payable: £XXX (2015/16)
VAT - All prices, rents, premiums, etc are quoted exclusive of VAT. Interested parties must satisfy themselves as to the incidence of VAT in respect of any transaction.
Legal Costs - Each party will be responsible for their own legal fees and outlays including VAT incurred.
Specification
- Modern Trade Counter Warehouse Buildings
- Substantial Secure Yard and Car Parking
- Potential to let as separate units
- Units from 29,074 - 69,388 sq ft
- Strategic business location
- Immediate access to J23 / J24 of M8
- 7.75m eaves height