The property comprises an industrial complex situated on a site extending to approximately 0.63 hectares (1.55 acres).
The complex comprises essentially 2 main buildings: the industrial workshop/ warehouse of steel portal frame construction, profile clad walls incorporating single storey offices and an additional store area; and canteen facility of brick/block construction, rendered externally under a felted flat roof. An additional surfaced yard is provided with an approximate area of 0.22 hectares (0.54 acres).
Roller shutter door heights are approximately 3.65 metres and 4.27 metres respectively.
Location
Glenrothes is a former New Town and is one of Fife’s principal centres of population, occupying a central location within the region and having a resident population of approximately 40,000. The property is within a short drive from the Bankhead roundabout, which provides direct access to the main A92 and in turn, the M90 providing connectivity to Edinburgh, Dunfermline, Kirkcaldy, St Andrews and Dundee.
The subjects are situated on the south-west side of Poplar Road in a predominantly industrial location, however with some residential properties nearby. The subjects are situated within approximately a 1 mile walk of the Kingdom Centre, which is the main retail shopping centre for Glenrothes. The subjects are well situated for access to the A92, connecting to the central belt via the M90.
Accommodation
The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a net internal basis and is as follows:
Industrial workshop: gross internal area of approximately 437.5 sq m (4,709 sq ft).
Ancillary Offices: net internal area of 38.9 sq m (418 sq ft).
Canteen Building: net internal area of 243.3 sq m (2,619 sq ft).
Temporary Office Space: net internal area of approximately 80.6 sq m (868 sq ft).
Additional Surfaced Yard: approximate area of 0.22 hectares (0.54 acres).
Terms
RATEABLE VALUE: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value per annum of:
Depot: £39,850
Yard: £9,700
Further information on rates payments is available at www.saa.gov.uk
SALE TERMS: Offers in excess of £350,000 for the benefit of our client’s interest for both the industrial workshops/office complex and the surfaced yard.
LEASE TERMS: There are currently 5 individual tenancies, which provide a total rental income of £14,088 per annum exclusive under short term leases. A tenancy schedule and, if required, copies of the agreements can be provided to interested parties.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
VAT: All prices quoted are exclusive of VAT which may be chargeable.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in any transaction.
ENTRY: Upon completion of legal formalities.
Specification
- Industrial unit extending to 437.5 sq m (4,709 sq ft)
- Ancilliary office space available
- Industrial complex situated on 0.63 hectares (1.55 acres)
- Additional yard extending to 0.22 hectares (0.54 acres)