The property comprises a single storey steel portal frame warehouse unit with external brick walls and an interlinked 2 storey brick built office property, with a secure yard area to the front. The warehouse has an eaves height of approximately 3.66 m entered from 2 vehicle access doors to a surfaced yard with covered loading bay. Secure external storage space is provided to the front of the premises with full height roller shutters. Additional car parking is available to the front of the office building.
Internally, the offices have been refurbished and comprise a lobby/entrance, reception area, ground floor private offices, staff area, storage, male and female toilets, staff area and kitchen with additional office accommodation on the upper floor.
Location
The subjects are prominently positioned on the south side of Glentanar Road, at its junction with Bursay Road to the south of Balmore Industrial Estate.
The Estate is an established industrial location, positioned approximately 2 miles north of Glasgow City Centre and benefiting from easy access to the A879 (Balmore Road) north towards Milngavie and south to the City Centre and the national motorway network via Junction 16 of the M8.
Other occupiers in the Estate include Pars Foods, Macklin Motors, Balmore Kindergarten, Maclay Foods and Allied Bakeries.
Accommodation
We calculate the subjects to have the following gross internal areas:
Warehouse: 1,245.95 sq m (13,379 sq ft)
External storage: 85.56 sq m (920 sq ft)
Offices: 394.37 sq m (4,245 sq ft)
Total: 1,725.88 sq m (18,544 sq ft)
Site area: 0.96 Acres 0.39 Hectares
Terms
Price
We are instructed to seek offers in excess of £XXX exclusive of VAT.
Tenure
The subjects are held on a 99 year ground lease from Glasgow City Council from 28 February 1966. The current ground rent is £XXX per annum, subject to review on 28 February 2029 and 2050. The tenant has the first option to purchase the subjects.
Rateable Value
RV: £XXX
UBR: £XXX (2015/16)
PAYABLE: £XXX
Energy Performance Certificate
A copy can be provided upon request.
VAT
All prices, rents, premiums etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.