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Industrial Investment, South Kingston, Kingsmuir, Forfar, DD8 2NS

2.28 acres / Industrial / Investment

Let - Last updated: 20 October 2015

The subjects comprise a mixed industrial site extending to 2.28 acres or thereby and comprising a number of industrial and office buildings situated within a secure yard area. Units 1, 2 and 3 are located within a substantial steel portal framed building with infill brick walls, harled externally under multi-pitched and insulated roofs. The units are situated within expansive concrete and hard surfaced yard areas. Located at the entrance to the site is a detached single storey office building providing modern accommodation and is let with associated areas of yard and storage area. Immediately to the south of the office is a further detached steel framed building with brick and block infill walls and incorporates storage and office space internally.

Location

Forfar has a population of approximately 15,000 and is one of the principal market towns in the District of Angus, located some 17 miles north of Dundee and 35 miles south of Aberdeen. Due to its location and excellent access links via the A90 dual carriageway, Forfar is a popular commuter town and benefits from a vibrant town centre. The subjects are located to the south of the village of Kingsmuir, within a small industrial site approximately 1½ miles southeast of Forfar.

Accommodation

                                     sq m          sq ft
Scotia Offices           305.84        3,292
Unit 1                         626.63       6,745
Unit 2                         435.72       4,690
Unit 3                         184.88       1,990
Hutchinson Unit       841.70      9,060
Total                           2,394.77   25,777
Total Site                   1.14 ha      2.28 ac

Terms

Income
The subjects presently generate a Net Annual Income of circa £55,000 per annum. Further details on the various tenancies are available from the selling agents.

Energy Performance
D,E,G

Terms
Our clients are looking to dispose of their heritable interest in the property and offers in excess of £625,000 for the site as a whole are invited.

VAT
All figures are quoted exclusive of VAT, however, our client reserves the right to charge VAT where applicable.

Specification

• INCOME PRODUCING
• 2,395 sq m/25,777 sq ft of Office and Industrial space
• Total Site 1.14 hectares/2.28 acres
• Trading Businesses Unaffected
 


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