Modern office building with raised floors and suspended ceilings
Includes 39 car parking spaces
Prominent location adjacent to Junction 5 of the M9
Part let to Denholm Port Services Ltd
Lot 36
Auction 24th October 2019
Rent £26,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector Office
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
On Behalf of a Major Fund Manager
Property Information
Location
Miles
20 miles from Edinburgh
28 miles from Glasgow
12 miles from Stirling
Roads
M9, M876
Rail
Polmont Railway Station
Falkirk High Railway Station
Air
Edinburgh Airport
Situation
Grangemouth provides one of Europe's largest petrochemical centres and is home to one of Scotland's main ports. The town is located between Edinburgh and Glasgow and benefits from direct links to the M9 motorway and its proximity to Falkirk. The property is prominently situated on the north side of the M9 motorway, immediately adjacent to junction 5 accessed via Beancross Road (A905). Occupiers nearby include Drummond Laurie, Yates Accountants, Johnstone Press, Winworks and Klondyke Garden Centre.
Tenure
Heritable. (Scottish equivalent of English Freehold)
Location
Miles
20 miles from Edinburgh
28 miles from Glasgow
12 miles from Stirling
Roads
M9, M876
Rail
Polmont Railway Station
Falkirk High Railway Station
Air
Edinburgh Airport
Situation
Grangemouth provides one of Europe's largest petrochemical centres and is home to one of Scotland's main ports. The town is located between Edinburgh and Glasgow and benefits from direct links to the M9 motorway and its proximity to Falkirk. The property is prominently situated on the north side of the M9 motorway, immediately adjacent to junction 5 accessed via Beancross Road (A905). Occupiers nearby include Drummond Laurie, Yates Accountants, Johnstone Press, Winworks and Klondyke Garden Centre.
Tenure
Heritable. (Scottish equivalent of English Freehold)
Description
The property comprises a modern purpose built two storey office building which benefits from air conditioning, raised floors, suspended ceilings, double glazing, and 39 car parking spaces.
VAT
VAT is applicable to this lot.
EPC
Band D. See legal pack at acuitus.co.uk
Description
The property comprises a modern purpose built two storey office building which benefits from air conditioning, raised floors, suspended ceilings, double glazing, and 39 car parking spaces.
VAT
VAT is applicable to this lot.
EPC
Band D. See legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground
Office
399.38 sq m
(4,299 sq ft)
DENHOLM PORT SERVICES LTD (1)
5 years from 11/08/2017 (2)
£26,000
16/11/2022 (2)
First
Office
275.17 sq m
(2,962 sq ft)
VACANT POSSESSION
Total
674.55 sq m
(7,261 sq ft)
£26,000
(1) For the year ending 31st December 2018, Denholm Port Services Ltd reported a turnover of £7,449,592, pre-tax profits of £529,314 and a total net worth of £480,242 (Source: Experian Group 27/09/2019). (2) Tenant's option to determine 17/11/2020 upon 6 months' notice.
