8 South Douglas Street Rothesay Business Park Clydebank Dunbartonshire G81 1PD

8 South Douglas Street
Rothesay Business Park
Clydebank
Dunbartonshire
G81 1PD

Well Located Industrial Investment

Let to Level 3 Communications UK Limited
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
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Well Located Industrial Investment

Let to Level 3 Communications UK Limited
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

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)