Nearby occupiers include Plumb Center, Avis Car Rental, Thrift Car Rental, Europcar and Budget Car & Van Rental
VAT-free Investment
Lot 54
Auction 19th October 2017
Rent £20,500 per Annum Exclusive
Status Sold
Price £274,000
Sector Industrial, Warehouse
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of Trustees
Property Information
Location
Miles
1/2 mile from Glasgow City Centre
47 miles west of Edinburgh
Roads
A8, A814, M8 (Junction 19)
Rail
Glasgow Queen Street Station
Glasgow Central Station
Air
Glasgow International Airport
Situation
The property is situated in an established industrial area on the western side of Hydepark Street, within 1/4 of a mile of Junction 19 of the M8 Motorway. The renowned SSE Hydro
Arena is located nearby, with a seated capacity of 12,000 it hosts a number of music and entertainment events. Other nearby occupiers include Avis Car Rental, Thrift Car Rental,
Europcar, Budget Car & Van Rental and Metro Newspaper, with Nuffield Health Centre also located a short walk away.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
1/2 mile from Glasgow City Centre
47 miles west of Edinburgh
Roads
A8, A814, M8 (Junction 19)
Rail
Glasgow Queen Street Station
Glasgow Central Station
Air
Glasgow International Airport
Situation
The property is situated in an established industrial area on the western side of Hydepark Street, within 1/4 of a mile of Junction 19 of the M8 Motorway. The renowned SSE Hydro
Arena is located nearby, with a seated capacity of 12,000 it hosts a number of music and entertainment events. Other nearby occupiers include Avis Car Rental, Thrift Car Rental,
Europcar, Budget Car & Van Rental and Metro Newspaper, with Nuffield Health Centre also located a short walk away.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor workshop with office accommodation. The property benefits from customer parking to the front.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor workshop with office accommodation. The property benefits from customer parking to the front.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
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
Ground
Workshop/ Offices
492.01 sq m
(5,296 sq ft)
ATLAS HIRE DRIVE LIMITED (1)
5 years from 30/01/2014 on a full repairing and insuring lease (2)
£20,500
Total
492.01 sq m
(5,296 sq ft)
£20,500
(1) Atlas Hire Drive offer a wide range of new campervans and motorhomes for hire in Scotland and operate from three other locations including Edinburgh City, Edinburgh City Airport and Glasgow Airport (Source: www.atlashiredrive.co.uk 21/09/2017). (2) The lease is full repairing and insuring, subject to a Schedule of Condition.
