This standalone hybrid office/manufacturing facility in Hamilton presents a rare opportunity to acquire a building of this scale, with potential for redevelopment.
The accommodation is arranged over two stories with a car park and storage at the rear. There is a double height reception in the centre of the building leading to welfare space and a kitchen. The remainder of the accommodation consists of office and production space.
Location
Hamilton is located in the heart of South Lanarkshire, approximately 9 miles southeast of Glasgow city centre and 2 miles southwest of Motherwell town centre. Centrally located within Scotland, Hamilton provides easy access to the major cities with excellent road links via the M74 motorway, offering direct connections to Glasgow in 20 minutes, Edinburgh in an hour and the wider UK motorway network. Hamilton is also well-served by Hamilton Central and Hamilton West train stations, providing rail services to Glasgow, Edinburgh and beyond.
The premises is situated within Cadzow Industrial Estate, which lies in a commercial area to the south of Hamilton off the A723, off Low Waters Road. The property is situated next to the entrance of the estate on the north side of the entrance road. There are a variety of established industrial and office users in the estate, with residential lying beyond to the north.
Accommodation
Ground Floor – 10,194 sq ft (947.02 sq m)
1st Floor – 7,881 sq ft (732.11 sq m)
Roof Store – 705 sq ft (65.55 sq m)
External Store – 147 sq ft (13.68 sq m)
Total – 18,927 sq ft (1,758.35 sq m)
Terms
Disposal Terms – Our client is inviting bids on a heritable (freehold) basis. Offers should be mad in a Heads of Terms format.
Interested parties should register their interest with the Sole Selling Agents at an early stage in order to be kept advised should any closing date be set.
Please note our client is not obliged to accept the highest or indeed any offer submitted for the site.
Rateable Value – The property is entered in the current Valuation Roll with a Rateable Value of £39,250.
EPC – Available upon request.
VAT – The property is elected for VAT. VAT will therefore be payable on the purchase price.
Legal Costs – Each party will be responsible for their own legal costs incurred in connection with this transaction. The purchaser will be responsible for Land and Buildings Transaction Tax (LBTT) registration dues and any VAT payable thereon.
AML / KYC – In order to comply with Anti-Money Laundering legislation, the successful bidder will be required to provide necessary information to complete these checks before the deal is completed.
Specification
- LED Lighting
- Air Conditioning
- Open Plan
- Private Office/Project Space
- Meeting Rooms
- Tea Prep
- Secure Yard