Rowantree House, Rowantree Avenue Newhouse Motherwell Lanarkshire ML1 5RX

Rowantree House, Rowantree Avenue
Newhouse
Motherwell
Lanarkshire
ML1 5RX

Heritable Office and Workshop Investment

Let to Strathkelvin Instruments Limited until 6th June 2023
Very prominent location at the entrance to Newhouse Industrial Estate
Well positioned close to the M8 and close to the M74/M73 Interchange
Nearby occupiers include UPS, Terex, Honeywell Control Systems and WH Malcolm
Two buildings totalling 486 sq.m (5,238 sq ft)
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
56
Auction
9th July 2015
Rent
£32,800 per Annum Exclusive
Status
Sold
Price
£265,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Heritable Office and Workshop Investment

Let to Strathkelvin Instruments Limited until 6th June 2023
Very prominent location at the entrance to Newhouse Industrial Estate
Well positioned close to the M8 and close to the M74/M73 Interchange
Nearby occupiers include UPS, Terex, Honeywell Control Systems and WH Malcolm
Two buildings totalling 486 sq.m (5,238 sq ft)
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 56
Auction 9th July 2015
Rent £32,800 per Annum Exclusive
Status Sold
Price £265,000
Sector
Office
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 16 miles east of Glasgow, 34 miles west of Edinburgh
Roads: M8, M73, M74
Rail: Motherwell Railway Station
Air: Glasgow International Airport (19 miles west)

Situation

Newhouse is located in north Lanarkshire, within the central belt of Scotland, approximately 16 miles east of Glasgow city centre and 34 miles west of Edinburgh city centre. The property is located on Rowantree Avenue at the entrance to Newhouse Industrial Estate which is immediately adjacent to Eurocentral, Scotland’s premier distribution warehouse park. Newhouse Industrial Estate benefits from immediate access to the A8/M8 motorway, providing access to the central belt of Scotland and the national motorway network.
The M73/M74 interchange is situated 3 miles to the west via the A8/M8.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location

Miles: 16 miles east of Glasgow, 34 miles west of Edinburgh
Roads: M8, M73, M74
Rail: Motherwell Railway Station
Air: Glasgow International Airport (19 miles west)

Situation

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a modern two storey office building fronting onto the roundabout at Rowantree Avenue with a further building linked to the rear. The rear building is used as a laboratory and has the benefit of a separate entrance.

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

VAT

VAT is applicable to this lot.

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	Review
Ground/First Ground	Office Office	251 sq m 235 sq m	(2,708 sq ft) (2,530 sq ft)	STRATHKELVIN INSTRUMENTS LIMITED (1)	10 years to 6th June 2023	£32,800	07/06/2018
Totals		486 sq m	(5,238 sq ft)			£32,800

(1) Strath Kelvin Instruments Limited are the world’s leading supplier of precision respirometry and dissolved oxygen instruments for the biomedical research, wastewater treatment and product testing markets. (Source: www.strathkelvin.com 15/06/2015)