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The freehold of this rarely available industrial unit is available to purchase through Bowman Rebecchi, following the retirement of the previous long-term tenant.
Situated within Sandbank Industrial Estate, the double unit is centrally located, with two 3m roller shutters and large loading bays to the front, with guest and staff parking.
Previously home to a fish processing plant, the units are large and open-plan, with a large walk-in chiller and a smaller modular chiller. The unit has associated staff welfare facilities, a canteen, an office, and a staff changing area as well as gas central heating.
To the side of the property is a secure loading space, and to the rear there are two large shipping containers for storage with space for further containers if required.
The subjects could easily be reconfigured to split into two smaller separate units providing buyers excellent flexibility.
This is a fantastic space for a business to position itself, with industrial property highly popular on the west coast of Scotland. This size of the unit is rarely available to purchase, making this a great opportunity for the right buyer.
VIEWING
Viewings can be arranged by appointment with Bowman Rebecchi.
INVESTMENT
The demand to own property in Argyle and Bute is strong, with this property likely to command approximately £18k per annum from a new tenancy, making this an attractive investment opportunity providing a 9% yield.
Demand is high for industrial units in the West of Scotland and it is rare for a property like this to come to market.
Location
SAT NAV DIRECTIONS
The postcode for the property is PA23 8PB.
SANDBANK INDUSTRIAL ESTATE
Sandbank Industrial Estate is home to a wide range of businesses, many of which have been established on the site for a number of years. Businesses include distribution, manufacturing, service depots, and call centres.
The Fairmile Building, a new office base for local businesses was opened by Highlands and Islands Enterprise (HIE) in February 2017 and offers a supportive business environment with access to a range of specialist business support and development programmes available through HIE and Business Gateway.
A well-qualified and motivated workforce pool is available within the immediate area, with low recruitment costs and good retention rates.
A SPECTACULAR LOCATION
Dunoon is the main resort on the beautiful Cowal Peninsula and the maritime gateway to the Loch Lomond & Trossachs National Park.
This is one of the Firth of Clyde's foremost resorts, built around the historic Castle Mound, and is famous for its large Victorian pier and hosting the Cowal Highland Games each August.
The Sandbank Business Park is situated two miles out of Dunoon town centre, off the A885. The development land lies on an extension of Highland Avenue, the main road serving the industrial estate.
With proximity to Glasgow, Dunoon offers excellent links by road and ferry to Scotland's central belt, with easy access to the motorway, rail networks, and Glasgow airport.
Western Ferries at Hunters Quay is a short 5-minute drive and run every 20 minutes to the mainland.
Accommodation
The on-site measurements, measured in accordance with the RICS Code of Measuring Practice (6th Edition), calculate the subjects extend as follows:
329 sq m | 3,550 sq ft
CLASS USE
Class Use 4,5,6 (Business, General Industrial, and Storage/Distribution)
Terms
Rates - From the Assessor’s website, the property had a Rateable Value of £10,300. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.
EPC - A copy of the Energy Performance Certificate is available upon request.
Entry - Entry is available.
Price - Our client is seeking offers in the region of £200,000 exclusive of VAT for their Heritable interest.
Anti-Money Laundering - To comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents.
For further information, please contact Bowman Rebecchi.
Specification
- Rarely Available Freehold Opportunity
- Well-Connected Business Hub
- 100% Rates Relief Available Subject To Status
- Double Industrial Unit
- Easy To Split Into Two Separate Units
- 3m+ Roller Shutters
- Rear Storage
- Bay Parking Areas
- Office And Staff Welfare Facilities
- Western Ferries - 4 Minute Drive