Modern Industrial Premises , The Forth Portfolio Forth Industrial Estate and Fo, Rosyth, KY11 2QQ

Well-presented modern two storey building of steel frame construction providing a range of accommodation over ground and first floors.
( Agency Pilot Software ref: 12304 )

Location

Rosyth is one of Fife’s most established towns, strategically located to serve Scotland’s central belt via the M90 and the new Queensferry Crossing connecting Scotland’s four major cities. The locality has a highly skilled workforce with over 40 years’ experience in the Energy and Marine sectors. Local training and research facilities are available, Fife College and a further eight universities are within one hour’s drive providing an invaluable support network for local, national and international business. Fife is also one of the most desirable areas in Scotland to live with many local coastal villages and attractions such as Dunfermline Abbey, Crail and St Andrews all within an easy drive.

Accommodation

six newly refurbished units ranging in size from 903 sq ft - 3,388 sq ft.

Terms

Tenure Outright ownership interest/heritable interest (Scottish equivalent of English freehold).

EPC Energy Performance Certificates available in the dedicated dataroom.

VAT Both properties are elected for VAT. On this basis VAT will be payable on the purchase price, however, it is anticipated that the sale will be treated as a Transfer of a Going Concern (TOGC).Data Room A data room has been set up and access can be provided via the selling agents to interested parties.

Anti-Money Laundering To comply with Anti-Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers which will at the minimum include proof of identity/address and funding. Applicable documentation will therefore be required on agreement of heads of terms.

Specification

• Suitable for a wide variety of uses such as industrial, trade counter, showroom or office accommodation.
• Total accommodation extending to 12,523 sq ft.
• Site extending to 0.92 acres (0.38 hectares) with roadside frontage on to Admiralty Road (A985) and access via Fairykirk road.
• Generous car parking and great access to M90.
• High levels of tenant demand and enquiries. Total passing rent, including cover of £101,925 pa.
• Low average rents of £8.14 per sq ft.
• Offers over £1.425m. NIY of 6.75% (assuming standard purchaser’s costs of 6.00%).