This property is no longer on the market
Property
Property description & features
- 10-Year Lease
- Excellent Motorway Links
LOCATION
The premises, situated between the South Lanarkshire towns of Blantyre and Hamilton, is located along South Avenue in the Blantyre Industrial Estate. The industrial estate is just a short drive from the A725, which leads directly to the M74. The M74 also connects to the M8 and M73 motorways, giving this property the great benefit of proximity to Scotland’s major roads.
DESCRIPTION
The subjects comprise a large industrial food factory unit, sat in a gated and fenced central courtyard. There are multiple entry points into the factory, either through the electric roller access shutter inside the gated courtyard, or through doorways along the outward-facing elevations of the building.
It is built to a high standard with a well thought out layout to suits its purpose as a food manufacturing unit. The premises allow a food manufacturing company to provide chilled and frozen ready-packed, or bulk foods for supermarkets and the wider food industry. It is supermarket and environmentally approved with high and low risk production areas, a staff canteen, changing rooms, shower facilities, food preparation areas, loading bays, private offices and plenty of storage.
ACCOMMODATION
According to our recent measurement survey, the subjects comprise of the following approximate net internal area:
- 434 sq. m (4,672 sq. Ft).
SALE PRICE
Our clients are looking to sell the premises and are looking for offers over of £295,000.
LEASE DETAILS
The property is to be sold with an existing Full Repairing and Insuring (FRI) lease in place for 10 years, having commenced in February 2020. The current rent is £26,000 per annum with fixed reviews. Years 1 and 2 = £26,000 per annum. Year 3,4 and 5 = £27,000 per annum. Year 6,7 and 8 = £33,000 per annum. Year 9 and 10 = £35,000 per annum. More details are available upon request.
RATEABLE VALUE
According to the Scottish Assessor’s website () the subjects have a rateable value of £29,000. The uniform business rate for the current year is £0.498 pence in the pound (as of April 2020).
Occupiers may be eligible for rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
UTILITIES
The utilities serving the property are mains water, large gas supply and three phase electricity with individual meters for each.
ENERGY PERFORMANCE CERTIFICATE
The EPC rating of this property is currently pending.
ENTRY
Upon completion of a formal missive under Scots Law.
LEGAL COSTS
Each party shall bear their own legal costs.
VIEWING AND FURTHER INFORMATION
By appointment through the sole selling agent, ime DJK Group Ltd.
Property information from this agent
Places of interest
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*DISCLAIMER
Property reference P569. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by ime DJK Group - Commercial.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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