Property Description
The property comprises a fully refurbished end of terrace single storey industrial building with rear dispatch/delivery area and a secure yard. In addition, there is an area of landscaped ground to the subjects north which has been secured by palisade fencing providing opportunity for future development or additional yard space.
To the front of the building there is ample car parking provision.
Location
The property is located within Hillington Park, an established and improving industrial location situated approximately 6 miles west of Glasgow city centre. Hillington is one of Glasgow’s principal business locations, offering a mixture of office, industrial and distribution space, approximately 2 miles east of Glasgow International Airport. It has excellent transport infrastructure with Hillington West and East Railway Stations and Junction 26 of the M8 motorway being close-by.
The property is situated on the east most side of Montrose Avenue at the corner of Huntley Road with the yard accessed off Zetland Road.
Further Information
Accommodation
The well appointed accommodation comprises reception area, showroom, general office, seven private offices, ladies, gents and disabled toilet facilities, warehouse and dispatch/delivery area. In addition, there is a small mezzanine area above the reception.
Floor Area
We calculate the gross internal floor area of the property as follows:
Main Warehouse: 665.28 sq m (7,161 sq ft)
Delivery Area: 176.35 sq m (1,898 sq ft)
Offices: 248.27 sq m (2,672 sq ft)
Mezzanine: 31.79 sq m ( 342 sq ft)
Total: 1,121.69 sq m (12,074 sq ft)
The main warehouse has an eaves height of 3.70m with the higher dispatch/delivery area enjoying 4.25m.
The total site extends to 0.133 hectares with the expansion land extending to 0.067 hectares or thereby.
Rateable Value
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £45,500 effective 1st April 2023. The uniform business rate for the current year is £0.498 pence in the pound.
Energy Performance Certificate
The Energy Performance Certificate rating is D.
Price
Our client is seeking offers over £1,100,000 for their heritable interest in the property.
Offers
In the normal Scottish form addressed to this office.
Acquisition Costs
Each party shall be responsible for their own legal costs incurred in connection with the eventual purchaser liable for any Land and Buildings Transaction Tax (LBTT) and VAT.
Date of Entry
To be mutually agreed.
Anti-Money Laundering
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/ occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.
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