Heritable (Scottish equivalent of English Freehold) Call Centre/Office Investment
Entirely let to British Communications plc until 2020 (subject to option)
Approximate site area of 0.80 hectares (1.97 acres)
On-site car parking
Located in the established Teaninich Industrial Estate with nearby occupiers including Manpower UK, Careline Services Ltd and Grants of Dalvey Ltd
Six week completion available
Lot 42
Auction 9th December 2010
Rent £77,750 per Annum Exclusive
Status Sold Post
Price
Sector Office
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
1 mile south-west of Alness High Street
21 miles north of Inverness
Roads
A9
Rail
Alness Railway Station
Air
Inverness Airport
Situation
The property is prominently situated in the established Teaninich Industrial Estate. Dail Nan Rocas, located in the estate, was developed predominantly for office/call centre users and is located on the western boundary of Alness. Alness Railway Station lies some 1.3 miles north-east of the property providing direct access to Inverness (41 minutes). Nearby occupiers include Manpower UK, Careline Services Ltd and Grants of Dalvey Ltd.
Tenure
Heritable.
Location
1 mile south-west of Alness High Street
21 miles north of Inverness
Roads
A9
Rail
Alness Railway Station
Air
Inverness Airport
Situation
The property is prominently situated in the established Teaninich Industrial Estate. Dail Nan Rocas, located in the estate, was developed predominantly for office/call centre users and is located on the western boundary of Alness. Alness Railway Station lies some 1.3 miles north-east of the property providing direct access to Inverness (41 minutes). Nearby occupiers include Manpower UK, Careline Services Ltd and Grants of Dalvey Ltd.
Tenure
Heritable.
Description
The property comprises a MODERN SINGLE STOREY DETACHED BUILDING and benefits from ON-SITE CAR PARKING and a site area of approximately 0.80 hectares (1.97 acres).
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 a MODERN SINGLE STOREY DETACHED BUILDING and benefits from ON-SITE CAR PARKING and a site area of approximately 0.80 hectares (1.97 acres).
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
Reviews
Ground
Call Centre/Offices
835.93 sq m
(8,998 sq ft)
BRITISH TELECOMMUNICATIONS PLC (1)
13 years and 4 months from 01/12/2006 until 31/03/2020 on a full repairing and insuring lease (2)
£77,750
01/04/2015 and 5 yearly thereafter
Totals
835.93 sq m
(8,998 sq ft)
£77,750
(1) For the year ending 31st March 2010, British Telecommunications Public Limited Company reported a turnover of £20,859,000,000, pre-tax profits of £1,303,000,000 and a total net worth of £12,129,000,000. (Source: www.riskdisk.com 05/11/2010)(2) Please note that the lease provides for a tenant’s option to determine the lease with effect from 31st March 2015 subject to six months’ written notice.
