Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
20 miles west of Glasgow
Roads
A8, M8
Rail
Port Glasgow Station (ScotRail)
Air
Glasgow International Airport (12 miles east)
Situation
Port Glasgow is a town located some 20 miles west of Glasgow. The property is located within Port Glasgow Industrial Estate in a prominent roadside location on Dubbs Road, close to its junction with Gareloch Road. Nearby occupiers include Renfrewshire Electronics, Playtex Distribution, Promedics Orthopaedics.
Tenure
Heritable. Scottish Equivalent of English Freehold).
Location
Miles
20 miles west of Glasgow
Roads
A8, M8
Rail
Port Glasgow Station (ScotRail)
Air
Glasgow International Airport (12 miles east)
Situation
Port Glasgow is a town located some 20 miles west of Glasgow. The property is located within Port Glasgow Industrial Estate in a prominent roadside location on Dubbs Road, close to its junction with Gareloch Road. Nearby occupiers include Renfrewshire Electronics, Playtex Distribution, Promedics Orthopaedics.
Tenure
Heritable. Scottish Equivalent of English Freehold).
Description
The property comprises two extensive warehouse buildings fronting onto Dubbs Road. The property comprises Block 12, an industrial building of multi bay construction and two storey offices and Block 12A, a high bay warehouse with minimum 7 metre eaves.
Six Week Completion
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.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two extensive warehouse buildings fronting onto Dubbs Road. The property comprises Block 12, an industrial building of multi bay construction and two storey offices and Block 12A, a high bay warehouse with minimum 7 metre eaves.
Six Week Completion
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.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
12
Industrial Offices Ancillary
4,116 sq m 653 sq m 1,376 sq m
(44,303 sq ft) (7,027 sq ft) (14,812 sq ft)
VACANT POSSESSION
12A
Warehouse
2,067 sq m
(22,247 sq ft)
AMG OUTDOOR LIMITED (1)
12 years from 06/10/2003 (2)
£40,000
05/10/2015
Totals
8,212 sq m
(88,389 sq ft)
£40,000
(1) AMG is the UK’s leading owner and distributor of an impressive portfolio of premier outdoor, footwear and snow sports brands. (Source: www.amg-group.co.uk 24/04/2015) (2)The original lease was for a term of 10 years from 6th October 2003. A Variation to the Lease states that the lease will continue to 5th October 2014 and on a yearly basis thereafter providing a rolling mutual option to determine subject to no less than three months’ notice.
