Well located on a popular industrial estate 8 miles from Glasgow city centre.
University of West Scotland located adjacent to the industrial estate
Rent: £18,800 p.a. (gross) £17,108 p.a. (net)
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 82
Auction 23rd March 2016
Rent £18,800 per Annum Exclusive
Status Sold
Price £83,000
Sector Industrial, Warehouse
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
8 miles north-west of Glasgow city centre, 54 miles west of Edinburgh
Roads
A82, A814, M8 (Junction 30)
Rail
Clydebank Rail, Yoker Rail
Air
Glasgow Airport, Edinburgh Airport
Situation
The property is located on the south side of South Douglas Street within Rothesay Business Park, a purpose built industrial estate within Clydebank. Clydebank is located within Dunbartonshire, on the north bank of the Firth of Clyde, approximately seven miles west of Glasgow city centre. The area has links to Glasgow (A82 - eastwards) and Glasgow International Airport (A82 - westwards) via the Erskine Bridge, which is ten miles away.
Tenure
Long Leasehold. The property is held on a long lease for 125 years from 1990 (101 years remaining) at a ground rent equivalent to 9% of the passing rent, reviewed every 5 years.
Location
Miles
8 miles north-west of Glasgow city centre, 54 miles west of Edinburgh
Roads
A82, A814, M8 (Junction 30)
Rail
Clydebank Rail, Yoker Rail
Air
Glasgow Airport, Edinburgh Airport
Situation
The property is located on the south side of South Douglas Street within Rothesay Business Park, a purpose built industrial estate within Clydebank. Clydebank is located within Dunbartonshire, on the north bank of the Firth of Clyde, approximately seven miles west of Glasgow city centre. The area has links to Glasgow (A82 - eastwards) and Glasgow International Airport (A82 - westwards) via the Erskine Bridge, which is ten miles away.
Tenure
Long Leasehold. The property is held on a long lease for 125 years from 1990 (101 years remaining) at a ground rent equivalent to 9% of the passing rent, reviewed every 5 years.
Description
The property comprises a detached industrial building of steel portal frame construction, with car parking to the front of the unit.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a detached industrial building of steel portal frame construction, with car parking to the front of the unit.
VAT
VAT is not 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
Reversion
Ground
Industrial
453.36 sq m
(4,880 sq ft)
LEVEL 3 COMMUNICATIONS UK LIMITED
5 years from 01/04/2013
£18,800
31/03/2018
Totals
453.36 sq m
(4,880 sq ft)
£18,800
(1) Level 3 Communications is a premier global communications provider serving customers in more than 60 countries. (Source: www.level3.com 26/02/2016)
