Howdens Joinery, Unit A, 8 Snipefield Industrial Estate
Tarbet Road, Drumore
Campbeltown
Argyll & Bute
PA28 6SY

Heritable Trade Counter/Industrial Investment

  • Let to Howdens Joinery Properties Limited with a guarantee from Howdens Joinery Limited
  • Lease extended in 2019 for a further 10 years without break and no reduction in rent
  • Detached property comprising 580.47 sq m
  • (6,248 sq ft)
  • Prominent main road frontage, close to Jewsons, Peugeot Car Showroom and Buildbase on established industrial estate
  • Lot
    16
  • Auction
    10/Dec/2020
  • Rent
    £28,000 per Annum Exclusive
  • Status
    Available
  • Price*
    £300,000+
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Trustees
  • Howdens Joinery, Unit A, 8 Snipefield Industrial Estate<br>Tarbet Road, Drumore<br>Campbeltown<br>Argyll & Bute<br>PA28 6SY
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  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
61 miles south-west of Glasgow
Roads
A83
Rail
Air
Glasgow Airport
Situation

Campbeltown is situated by Campbeltown Loch on the Kintyre peninsula. The property is situated one mile to the north of Campbeltown, on the well established Snipefield Industrial Estate, just off Tarbet Road. Nearby occupiers include Jewsons, Buildbase and a Peugeot car showroom.

Tenure

Heritable. (Scottish Equivalent of Freehold).

Description

The property comprises a detached ground floor trade counter/warehouse with ancillary office accommodation. The property benefits from an outbuilding used for further storage.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion.

EPC

See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseGross Internal Floor Areas
(Approx)
TenantTermRent p.a.xReview
Ground


Warehouse/
Office/Ancillary
Outbuilding
580.47 sq m

28.99 sq m
(6,248 sq ft)

(312 sq ft)
HOWDEN JOINERY
PROPERTIES LTD (1)
with a guarantee from
HOWDEN JOINERY
LTD (2)
10 years from
06/02/2019 until
05/02/2029 on a full
repairing and insuring
lease (3)
£28,00006/02/2024
Total
609.46 sq m
(6,560 sq ft)
  £28,000 

(1) For the year ending 21/12/2019, Howden Joinery Properties Limited reported a turnover of £60,516,000, pre-tax profits of £2,881,000 and total assets of £122,678,000 (NorthRow 13/11/2020).
(2) For the year ending 21/12/2019, Howden Joinery Limited reported a turnover of £1,560,143,000, pre-tax profits of £295,328,000 and total assets of £2,272,395,000 (NorthRow 13/11/2020).
(3) The lease is FR&I, subject to a Schedule of Condition.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    25.11.20
    File Size
    8 MB
    Login to View
  • Catalogue Page
    Updated Date
    20.11.20
    File Size
    495 KB
    View PDF
  • Site Plan
    Updated Date
    20.11.20
    File Size
    622 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Burness Paull LLP 120 Bothwell Street
Glasgow
G2 7JL
Alison Brunger 0141 273 6895Alison.Brunger@burnesspaull.com  Nick Naddell 0141 273 6970nick.naddell@burnesspaull.com

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