Redshank House Alness Point Business Park Alness Highland IV17 0UP

Redshank House
Alness Point Business Park
Alness
Highland
IV17 0UP

Heritable Office Investment

  • Let to Intertek Surveying Services UK Limited and Shawcor UK Limited
  • Prominent business park location with direct access to the A9 trunk road
  • Nearby occupiers include The Highland Council and the North Highland College
  • Rent rising to £82,200 p.a. in 2017
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    60
  • Auction
    10th December 2015
  • Rent
    £75,950 per Annum Exclusive
  • Status
    Sold
  • Price
    £610,000
  • Sector
    Office
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Highlands & Islands Enterprise
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Heritable Office Investment

  • Let to Intertek Surveying Services UK Limited and Shawcor UK Limited
  • Prominent business park location with direct access to the A9 trunk road
  • Nearby occupiers include The Highland Council and the North Highland College
  • Rent rising to £82,200 p.a. in 2017
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 60
  • Auction 10th December 2015
  • Rent
  • Status Sold
  • Price £610,000
  • Sector
    Office
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Highlands & Islands Enterprise

Property Information

Location
Miles
21 miles north of Inverness
Roads
A9
Rail
Alness (50 minutes to Inverness)
Air
Inverness Airport (27 miles south)
Situation

The property is situated at the entrance to Alness Point Business Park, directly accessed from the A9 trunk road between Inverness and Wick. Alness Point Business Park was developed by Highlands and Islands Enterprise as an office location, and is now fully let with further development land. Occupiers on the estate include North Highland College and The Highland Council.

Tenure

Heritable. (Scottish Equivalent of Freehold).

Location
Miles
21 miles north of Inverness
Roads
A9
Rail
Alness (50 minutes to Inverness)
Air
Inverness Airport (27 miles south)
Situation

The property is situated at the entrance to Alness Point Business Park, directly accessed from the A9 trunk road between Inverness and Wick. Alness Point Business Park was developed by Highlands and Islands Enterprise as an office location, and is now fully let with further development land. Occupiers on the estate include North Highland College and The Highland Council.

Tenure

Heritable. (Scottish Equivalent of Freehold).

Description

The property comprises a purpose built office building on ground and first floors. The accommodation benefits from raised access floors, perimeter heating, double glazing and a passenger lift. On site there are approximately 66 car parking spaces.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis. Telephone: +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a purpose built office building on ground and first floors. The accommodation benefits from raised access floors, perimeter heating, double glazing and a passenger lift. On site there are approximately 66 car parking spaces.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis. Telephone: +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground Office
391.80 sq m
(4,217 sq ft)
INTERTEK SURVEYING
SERVICES UK LIMITED (1)
10 years from
02/02/2009
£42,200 01/02/2019
First Office
440.83 sq m
(4,745 sq ft)
SHAWCOR UK LIMITED (2) 5 years from 25/09/2015 £33,750 (3) 24/09/2020
Totals  
832.63 sq m
(8,962 sq ft)
    £75,950 rising to
£82,200 p.a. in 2017

(1) Established over 130 years ago, Intertek provides quality and safety services to businesses across the globe. Intertek now employ over 38,000 people in 1,000 locations in over 100 countries. (Source: www.intertek.com 19/09/2015). For the year to 31st December 2014
Intertek Surveying Services UK Limited reported a turnover of £3,482,000, pre-tax profits of 53,000 and a net worth of £1,608,000 (Source: Experian Group 12/11/2015)
(2) Shawcor UK Limited is a division of ShawCor Limited, a growth oriented, global energy services company specializing in technology-based products and services for the pipeline and petrochemical sectors, as well as other industrial markets. ShawCor Limited operate from more than 70 manufacturing and service facilities in over 15 countries (Source: shawcor.com 12/11/2015). For the year to 31st December 2014 ShawCor UK Limited reported turnover of £92,544,000, a pre-tax profit of £8,214,000 and a net worth of £17,294,000. (Source: Experian Group 12/11/2015)
(3) The lease to Shawcor UK Limited provides a rental fixed increase to £45,000 p.a.x. on 25th September 2017. The total rental income from 25th September 2017 will therefore increase to £82,200 p.a.

Property Documents

  • Catalogue Page
    Updated Date
    18.11.15
    File Size
    669 KB
    View PDF
  • Site Plan
    Updated Date
    18.11.15
    File Size
    52 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Associate Auctioneers
Graham + Sibbald 4 Andross Street
Inverness
IV3 5NN
John Macbean 01463 236 977john.macbean@g-s.co.uk
Seller's Solicitors
Ledingham Chalmers LLP Kintail House, Beechwood Business Park
Inverness
IV2 3BW
John Smart 01463 667400john.smart@ledinghamchalmers.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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