Building 2
Gateway Business Park
Grangemouth
Falkirk
FK3 8WX

Heritable Office Investment and Car Parking

  • 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
    24/Oct/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    Withdrawn Prior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
Important Auction & Property Update
  • Building 2<br>Gateway Business Park<br>Grangemouth<br>Falkirk<br>FK3 8WX
  • Expand
  • Photos
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* More information on the term "price" can be found here

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)

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

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
GroundOffice
399.38 sq m
(4,299 sq ft)
DENHOLM PORT
SERVICES LTD
(1)
5 years from
11/08/2017 (2)
£26,00016/11/2022
(2)
FirstOffice
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.

Property Documents

  • Catalogue Page
    Updated Date
    02.10.19
    File Size
    559 KB
    View PDF
  • Site Plan
    Updated Date
    02.10.19
    File Size
    722 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
Mhairi JarvisMhairi Jarvis +44 (0)7718 899 341mhairi.jarvis@acuitus.co.uk
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Seller's Solicitors
DWF LLP 110 Queen Street
Glasgow
G1 3HD
Geoff Stansfield 0141 228 8331Geoff.Stansfield@dwf.co.uk

Useful Links

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