4 Winchester Avenue comprises a detached workshop/warehouse premises which occupies a total site of some 0.4 hectares ( 1 acre). The original building is arranged to provide a part single and part two storey office section to the front together with a rear workshop/warehouse. A further modern warehouse section was added to the rear of the original building in 2012.
The office projections are of traditional brick/block construction, contained under flat roofs while the original warehouse/workshop has predominantly brick infill walls under a flat roof which incorporates north lights. The modern rear warehouse section is also of steel frame construction, clad externally in insulated profile metal sheeting.
Pedestrian access to the office section is taken from the main frontage with vehicular access to the workshop/warehouse by means of a metal, concertina door situated to the southern elevation. Vehicle access to the rear extension is provided by means of a roller entrance door also situated to the southern elevation.
Internally the office section provides a range of largely compartmentalised office rooms together with appropriate staff and storage sections.
4.63m. The modern warehouse/workshop extension provides an eaves height of 5.05m and an apex height of 7.60m.
Location
The subjects are situated on the northern side of Winchester Avenue, within Denny’s well established Winchester Avenue Industrial Estate, which is situated on the eastern outskirts of the town.
Winchester Avenue comprises a long established Industrial Estate which benefits from excellent access ability to east central Scotland motorway network via junction 1 of the M876 which lies approximately 1 mile to the south east via the A883 road route.
The estate provides accommodation for a variety of occupiers including Nathans Holdings, James Smith Denny Ltd and Thistle Hydraulics.
Accommodation
We calculate that the subjects extend to the following gross internal areas:
Ground floor – 2133.19 sq m (22,962 sq ft)
First floor – 85.12 sq m (916 sq ft)
Total – 2218.31 sq m (23,878 sq ft)
Terms
RATEABLE VALUE - Having regard to the Scottish Assessors Association Website we note that the subjects are entered in the current valuation roll at a rateable value of £62,500.
ENTRY/VACANT POSSESSION - The subjects are presently let under a 9 month licence agreement from the 1st February 2019, the occupier having the option to extend for a further 3 month term subject to the landlords approval.
The licence is structured on the basis of £1 per annum, the tenant being responsible for the subject’s rates liability and utilities
PRICE - Offers of £650,000 are invited for the benefit of our client’s absolute ownership.
LEASE TERMS - Should a lease be considered then this will be framed on normal full repairing and insuring terms, for a period to be negotiated, incorporating rent reviews at appropriate intervals.
RENTAL - Upon application to the marketing agents.
ENERGY PERFORMANCE - A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
VAT - All prices quoted are exclusive of VAT which maybe chargeable.
LEGAL COSTS - Each party will be responsible for paying their own legal costs incurred in this transaction with the incoming tenant being liable for any land and buildings transaction tax (LBTT), VAT and registration dues.
Specification
- Excellent location within the Winchester Avenue, Industrial Estate
- Flexible warehouse/workshop accommodation
- Easy access to the M876
- Gross internal area: 2,218.31 sq m (23,878 sq ft)