11 Fairfield Place, College Milton Industrial Estate, East Kilbride, G74 5LP
6,269 Sq Ft / Other / Investment
For Sale
- £400,000.00
Available - Last updated: 22 April 2025
Summary
Refurbished industrial unit of steel portal frame construction.
Personnel / staff entrances to front with generous communal parking.
Bright open-plan warehouse opening out to secure yard area to rear via vehicle access door.
First floor offices provided to the front with double-glazed windows units.
WC facilities and tea-prep provided.
Key Points
Fully refurbished industrial premises with dedicated secure yardLet to Cartercom Ltd on FRI terms for 5 years from Jan 2025Tenant only break option in Jan 2028Passing rent of £36,000 pa = £5.74/sq ftOffers over £400,000 = 8.66%Elected for VAT, however, sale anticipated to be by way of TOGC
Tenancy Information
Let to Catercom Ltd (Company No 11038587)
Catercom / www.carterco.co.uk is an innovative fibre optic solutions company working throughout the UK delivering end to end network build solutions.
5 years from 13/01/25
Tenant break on 13/1/2028
Passing rent of £36,000 pa +VAT payable quarterly, low passing rent of £5.74/sq ft
Rent review: Upwards only open market review - 13/1/2028
A 3 month rental deposit is held for the duration of the lease
Location
East Kilbride is Scotland’s most successful new town just 12 miles south-east of Glasgow and is situated within the South Lanarkshire
Local Authority Region.
The College Milton Industrial Estate is situated a short distance west of East Kilbride town centre benefiting from convenient access to the A725 that connects with the M74 beyond as well as the Glasgow Southern Orbital Road that connects with the M77.
East Kilbride Railway Station is located 1 mile east where regular services to Glasgow Central Station are provided.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£400,000.00
| NA |
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