Block 9A, Unit B, South Avenue, Blantyre, G72 0XB
The property comprises mid-terraced industrial premises with single storey offices to the front and a workshop to the rear with loading off a shared yard.
The building is of steel frame and brick construction with a flat roof over the offices and a North light roof structure over the workshop incorporating glazed panels.
The offices comprises a series of private rooms, toilets and staff accommodation and leading in to the open plan workshop, which contains a steel framed mezzanine deck and two overhead cranes having capacities of 1.5 and 3 tonnes. The workshop has an internal eaves height of 5.5m, with the loading door at a height of 3.75m.
13-15 Dixon Place, East Kilbridge, G74 5JF
The property comprises a double industrial unit in an end-terraced position comprising open plan warehousing, front offices and rear toilets.
The building is of steel frame with brick infill walls and a double pitched roof structure clad in profiled metal sheeting. The unit has two up and over doors to the eaves height of 4m although only one is in use.
Location
Block 9A, Unit B, South Avenue, Blantyre, G72 0XB
Blantyre Industrial Estate is a busy, established industrial location adjacent to the A725 East Kilbride Expressway and approximately 1 mile south west of Junction 5 of the M74 motorway. The M73, M8 and M80 motorways are within 4 miles.
Blantyre is located within South Lanarkshire and lies around 12 miles south east of Glasgow, 5 miles north east of East Kilbride and 1 mile west of Hamilton.
13-15 Dixon Place, East Kilbridge, G74 5JF
College Milton is one of the largest and most established industrial estates within East Kilbride, with Dixon Place lying south of Hawbank Road, the main arterial route running through the estate.
East Kilbride is Scotland second largest town, lying around 10 miles south of Glasgow and approximately 5 miles from Junction 5 of the M74.
Accommodation
Block 9A, Unit B, South Avenue, Blantyre, G72 0XB
We calculate the property to have a gross internal floor area of 1,050 sq.m (11,300 sq.ft), with a mezzanine of 85 sq.m (915 sq.ft), or thereby.
13-15 Dixon Place, East Kilbridge, G74 5JF
We calculate the property to have a gross internal floor area of 377 sq.m (4,059 sq.ft).
Terms
TENANT INFORMATION - Blantyre Castings Ltd were formed in 1986 and are a specialist firm involved in the manufacture of steel castings for the coal mining, oil, rail, robotics and pump manufacturing industries.
The company has an Experian Rating of B (Low Risk) and for the financial year ending 2017 had sales of over £XXX with healthy gross and net profit margins. Further account information can be provided to seriously interested parties.
LEASE TERMS - Our clients have recently entered into new 10 year full repairing and insuring leases. The rent for Blantyre is £XXX per annum, with East Kilbride at £XXX per annum.
PRICE - Offers over £XXX are invited for our clients heritable interest in both subject to the proposed lease, showing a net initial yield of 10.831%, after purchasers costs.
Alternatively, offers are invited for the properties on an individual basis.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred during the transaction.
Specification
- Two industrial investments within established industrial estates
- Let to Blantyre Castings Ltd until 2028
- Total rent £XXX p.a
- Offers over £XXX are sought, reflecting a NIY of 10.83% after purchasers costs