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Investment Opportunity For Sale, Galston Road, Hurlford, KA1 5EX

25,813 Sq Ft / Industrial

Withdrawn - Last updated: 02 February 2022

Mayfield Industrial Estate comprises industrial units, offices, containers and yardage. The accommodation comprises 6 main buildings which have been in part sub divided to form 13 separate units. There are in addition a number of shipping containers on site which produce additional income.

Location

Hurlford is situated within the East Ayrshire Council area and together with Crookedholm has a resident population of circa 4,846. The premises are accessed from the A71 on the north side of Galston Road. The A71 has direct access to the A77/M77 at the Bellfield Interchange approximately 2 miles to the west.

Accommodation

Workshop (Gross Internal Area) 2,137.60 sq. m. (23,009 sq. ft.)

Office (Net Internal Area) 260.47 sq. m. ( 2,804 sq. ft.)

Total 2,398.10 sq. m. (25,813 sq. ft.)

Terms

OCCUPATIONAL LEASES The units are let on short term leases which are summarised on the attached schedule. The current income is approximately £XXX pa although if fully let this could increase to around £XXX pa.

ENERGY PERFORMANCE CERTIFICATE (EPC) The building currently has an energy rating of “C”. A copy of the EPC is available upon request.

PRICE Offers over £XXX + VAT are invited.

COSTS Each party will be responsible for their own legal costs incurred in the transaction.

VALUE ADDED TAX All prices, rents and premiums, where quoted, are exclusive of VAT. The property has been elected for VAT.

ANTI MONEY LAUNDERING REGULATIONS The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.

PORTFOLIO SALE The subject premises offer part of a larger portfolio being sold on behalf of our client. A schedule summarising the entire portfolio is available upon request. Our client would be willing to consider offers for the portfolio in whole or part in addition to individual disposals.

Specification

• Workshop, Office and Yardage within a large site
• 0.85 hectares (2.09 Acres)
• Part income producing
• Current rent £XXX per annum
• Additional rent from Containers approx. £XXX per annum
• Offers over £XXX + VAT


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