The subjects comprise a substantial detached modern industrial and office building with more recent warehouse extension to the rear. The property is of steel portal frame construction under a pitched roof and clad with insulated profile aluminium sheeting, and sits on a secure site of approximately 4 acres with ample car parking and vehicle turning space.
Location
The subjects are located within the well established West Pitkerro Industrial Estate, approximately 4 miles north-east of Dundee city centre and easily accessible from Arbroath Road. West Pitkerro is a popular mixed use estate. Occupiers located nearby include KFC, Sainsbury’s Supermarket, Aldi, Keep-Safe Storage Centre, Hillcrest Housing Association, GA Engineering, Royal Mail, DPD Group and Brown & Tawse. The estate is situated to the north of Broughty Ferry, which is a popular residential suburb with a population of approximately 18,000. Dundee city has a population of circa 145,000 and an estimated regional catchment population of 400,000.
Accommodation
1,858 sq m (20,000 sq ft)
Terms
The subjects are available to lease on Full Repairing & Insuring Terms. Further details including the quoting rent on request. Purchase offers for the feuhold interest (equivalent to English freehold) may also be considered. Further information is available from the joint marketing agents.
VAT All prices, premiums and rents are quoted exclusive of VAT.
BUSINESS RATES The subjects are currently entered in the Valuation Roll with a Rateable Value of £280,000. The unified business rate for the year 2024/2025 is 55.9p (i,e a net liability of approximately £156,520) exclusive of water and sewerage rates.
EPC Available on request.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in this transaction. In the normal manner, the ingoing tenant will be liable for any LBTT, registration dues and VAT thereon.
Specification
• Popular industrial location
• Sub-division potential from 1,858 sq m (20,000 sq ft)
• 3 tonne overhead crane within the rear extension to the factory
• Benefits from sustainable energy source with 215,000 kWh generated from solar panels
• On secure site of approximately 4 acres
• Main road frontage
• Excellent transport links