Summary
The property comprises a versatile industrial unit centred around a spacious open-plan workshop, benefiting from generous eaves height and dual vehicular access. This is complemented by a modern two-storey pavilion offering quality office accommodation, alongside additional stores currently configured for a mix of office, storage, and ancillary workshop use. Approximately half of the accommodation is fitted out as office space or readily adaptable—an above-average provision—while retaining flexibility to revert to storage or workshop use. Externally, the property benefits from a secure, dedicated yard.
Internally, the layout is well connected and easily reconfigured, suiting a single occupier or potential subdivision into smaller, self-contained units. While subdivision would require some investment and shared yard use, it offers scope to generate additional rental income and reduce overall rates and operating costs.
Key Points
2 storey office, light industrial workshop and storage spaceDedicated secure gated yard spaceMultiple tenants with scope for re-negotiationApprox 150 sqm currently vacantCurrent Rental Income £33,555 with approx 20% unoccupiedViewings
Viewings by appointment only.
Additional Notes
EV charging facilities. Benefits from 14kw solar panels with 8 years remaining on the a back-to-grid contract - this provides income of 45p per KW/h generated, based on 50% generation. Last year income £1088.
Tenancy
There are currently 5 tenants in place. The primary tenant, SMS Technology, are also the property owner and are open to negotiating their lease as part of the overall sale as they are seeking to downsize in the future. The other 4 tenancies are flexible and currently provide limited security of tenure - as above they can be vacated or discussions can be had regarding transfer into more formal lease agreements.
Location
The property is located a short distance south of Hamilton town centre, within a well-established industrial estate that benefits from strong connectivity and convenient access to local amenities. Notably, the site falls within an ‘Other Employment Land Use Area’ as defined by the local development plan, allowing for a more flexible approach to planning and opening the door to a broader range of potential uses, which in turn enhances overall market appeal.
The property benefits from practical on-site parking within the secure yard, supplemented by additional free on-street parking available along Bairds Crescent.