The property comprises 3 principal interconnecting units, each of which are capable of subdivision. The buildings are of traditional steel portal framed construction with concrete floors and a combination of brick and blockwork walls. Minimum Eaves Heights range from 3.3m to 8.5m. The subjects are located on a site of approximately 5.73 acres and therefore there is scope to extend the existing loading yard and car parking should occupier requirements dictate.
Location
Glenrothes is one of Scotland’s five original ‘new towns’ with a population of around 39,000 (2011 Census). Southfield Industrial Estate is located on the southern edge of Glenrothes and benefits from having dual carriageway access to the Bankhead roundabout, less than 5 minutes’ drive to the east. The roundabout provides direct access to the A92 and in turn the M90 providing easy connectivity to Dunfermline, Kirkcaldy, St Andrews and Dundee. The subject property is situated on the south side of Cavendish Way, close to its junction with Crompton Road. Nearby occupiers include Modern Standard Coffee, Airsoft World and 2010 Distribution.
Travel times from the property are approximately as follows:
- Glenrothes Town Centre 5 minutes
- Kirkcaldy 10 minutes
- Dunfermline 20 minutes
- Dalgety Bay/Rosyth 20 minutes
- Forth Road Bridge 25 minutes
- Edinburgh 40 minutes
- Aberdeen 1 hr 40 minutes
- Glasgow 1 hr 30 minutes
Accommodation
The building has been measured in accordance with the RICS Code of Measuring Practice and the following Gross Internal Area has been calculated: 5,002 SQ M (53,844 SQ FT). The building has potential to be subdivided into units from approximately 465 sq m (5,000 sq ft)
Terms
SALE PRICE/LEASE TERMS - The subjects are available to lease in whole or part for a period to be agreed. Alternatively our clients may consider a sale of the property.
RATES - According to the Scottish Assessor’s Association website the subjects have a rateable value of £90,000 resulting in a rates payable figure of £45,270 per annum before any reliefs are applied.
VAT - VAT will be payable on the rent/sale price
LEGAL EXPENSES - Each party will be responsible for their own legal costs incurred in any transaction. For the avoidance of doubt, the ingoing tenant/ purchaser will be responsible for any Land and Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
ENERGY PERFORMANCE CERTIFICATE - The property has an EPC ratting of F+ (88). A copy of the Energy Performance Certificate for the subjects is available upon request.
Specification
- Units available from approximately
- 465 – 5,000 sq m (5,000 to 53,854 sq ft)
- Minimum eaves height from 3.3m – 8.5m
- Potential to create dedicated yard areas
- Total site area approximately 5.73 acres