Summary
Recent refurbishments have included:
• New roofs (120mm composite panel Kingspan roof with insulated roof lights)
• New LED lighting (non-corrosive units with PIR sensors)
• New, electrically operated loading doors (100mm insulated roller shutters)
• New, insulated pedestrian doors
• Full electrical re-wire and new fire detection systems
• Full new decoration including epoxy paint to warehouse floor
• Instantaneous water heaters for new toilets
• Improved insultation to upper cladding within warehouse space
• Electric vehicle charging points
Block 3, Unit 3 is located within Oakbank Trading Estate, close to the estate’s entrance from Garscube Road. The property has recently undergone a comprehensive refurbishment including new roof, LED lighting, and a full electrical re-wire and re-decoration. Internally, the warehouse is open plan, with a single toilet cubical with wash hand basin in one corner. The mono pitched roof falls from front to rear, with internal heights ranging from approximately 12 ft. (3.65 m.) to 16 ½ ft. (5.0 m.). A brand new electrically operated and insulated roller shutter door has been installed to the property, with heights of just over 8 ft. (2.54 m.) and widths of 10 ½ ft. (3.2 m.). There is separate door for staff/customer access. The yard to the front is shared by the terrace and car parking spaces are provided directly outside the unit.
Block 3, Unit 5 is located on the opposite terrace to Block 3, Unit 3, close to the estate’s entrance on Garscube Road. The property has recently undergone an internal refurbishment which included full redecoration, new LED lighting and the roller shutter door is now electrically operated. The roller shutter door has a height of just over 8 ft. (2.54 m.) and width of 10 ½ ft. (3.2 m.). Internally, the warehouse is open plan, with a single toilet cubical with wash hand basin in one corner. The mono pitched roof falls from front to rear, with internal heights ranging from approximately 12 ft. (3.65 m.) to 16 1⁄2 ft. (5.0 m.). There is separate door for staff/customer access. The yard to the front is shared by the terrace and car parking spaces are provided directly outside the unit.
Block 4, Unit 1 is larger than the units in Block 3 and is located centrally within Oakbank Trading Estate, in an end-terrace position adjacent to the main estate road. The property has also undergone a comprehensive refurbishment including new roof, LED lighting, and a full electrical re-wire and re-decoration. Internally, the layout is open plan with two toilet cubicles with wash hand basins in one corner. The mono pitched roof falls from left to right (as you face the property), with its internal height ranging from approximately 12 ft. (3.65 m.) at the end-terrace wall to 16 ½ ft. (5.0 m.) at the party wall with Unit 2. A brand new electrically operated and insulated roller shutter door has been installed to the property, with a height of just over 8 ft. (2.54 m.) and width of 10 ½ ft. (3.2 m.). There is a separate door for staff/customer access and another fire exit door at the side of the property. The yard to the front is shared by the terrace and car parking spaces are provided directly outside the unit.
Block 5, Unit 5 is located centrally within Oakbank Trading Estate, on the opposite terrace to Block 4, Unit 1, in a mid-terrace position. The property has recently been internally and externally decorated. Internally the layout is open plan with two toilet cubicles with wash hand basins in one corner. The mono pitched roof falls from right to left (as you face the property), with its internal height ranging from approximately 12 ft. (3.65 m.) to 16 1/2 ft. (5.0 m.). The roller shutter door has a height of just over 8 ft. (2.54 m.) and width of 10 1⁄2 ft. (3.2 m.). There is a separate door for staff/customer access and another fire exit door at the side of the property. The yard to the front is shared by the terrace and car parking spaces are provided directly outside the unit.
Block 8, Unit 2 is also available. It is a semi-detached property and is located at the front of Oakbank Trading Estate, close to the estate’s exit and facing directly onto Garscube Road.
The property's refurbishment has completed only recently and internally has been finished as an open plan layout with a toilet block and staff kitchenette in one corner. The refurbishment includes a new roof, LED lighting, and a full electrical re-wire and re-decoration. The portal frame construction and pitched roof create a minimum internal clear height of approximately 15 ¼ ft. (4.65 m.), an eaves height of around 18 ft. (5.5 m.), and a roof apex height of 20 ¼ ft. (6.2 m.). An electrically operated roller shutter door with a height of 13 ½ ft. and width of 10 ½ ft. (4.12 m. x 3.2 m.) provides loading access to/from a yard area shared with the neighbouring tenant. Additionally, there is a separate access point for staff and customers via a glazed double door that could easily be adapted as a showroom or trade counter entrance. There are parking bays marked at the perimeter of the yard.
Following an extensive refurbishment in 2018, including a new roof, Block 9 is available again and has recently undergone a programme of repairs and upgrades, including decoration and new LED lighting.
Subject to an agreed lease, all of these properties are available for immediate entry.
Key Points
Newly and comprehensively refurbished industrial / trade unitsFollowing previous refurbishment of Block 9 in 2018, is available againOne mile north of Glasgow city centre, just outside of the new LEZWell placed to service city centre & West End customers/businessesProminently positioned on the A81 arterial routeClose proximity to Junctions 16 and 17 of the M8 motorwayFlexible lease terms and 100% rates relief available on select unitsLocation
Oakbank Trading Estate lies only one mile north of Glasgow city centre, just outside of the new LEZ implemented in the city centre from the 1st of June 2023. The estate is prominently positioned on the A81 (Garscube Road), a key arterial route, and Junctions 16 and 17 of the M8 motorway are both within a short drive of the estate. This prominence has attracted a strong trade counter presence and occupiers include, Wolesley and Plumbstore, in addition to a wide range of smaller tenants.
Oakbank Trading Estate consists of nine blocks of trade and industrial units and totals 87,474 sq. ft. (8,126.6 sq. m.). There are a variety of unit sizes ranging from approximately 856 to 11,764 sq. ft. (79.5 to 1,092.9 sq. m.). The units are of steel portal frame construction with brick and cladding exterior walls. The exact specification of each unit may vary however the units generally benefit from the following electrically operated vehicle access/loading doors, and 3-phase electricity supplies.
Oakbank’s excellent location makes the estate well positioned to serve customers in both the city centre and Glasgow's west end and, via the motorway and road network, further afield.
Modern industrial / trade counter units. Various sizes.
• One mile north of Glasgow city centre.
• Well placed to service city centre and West End businesses.
• Prominently positioned on the A81 arterial route.
• Proximity to Junctions 16 and 17 of the M8 motorway.Terms
Each of these properties is available to lease for a period to be agreed.
For Block 3, Unit 3, the annual rent is £14,750 per annum and its contribution to the estate service charge is budgeted as £1,0162.05 per annum. Rent and service charge are payable quarterly in advance and VAT is applicable.
The Rateable Value (RV) Block 3, Unit 3 is £9,900 and, because of the Small Business Bonus Scheme, eligible occupiers should be able to claim for 100% business rates relief. For a non-qualifying tenants, the rates poundage for 2023/24 is £0.498 and, therefore, property rates payable to Glasgow City Council for the 12 months from 1st April 2023 to 31st March 2024 would be approximately £4,930.
The annual rent of Block 3, Unit 5 is £13,000 + VAT and the contribution to the estate service charge is £1,173.48 for the 2023 budget.
The Rateable Value (rv) of Block 3, Unit 5 is £10,900 and because of the Small Business Bonus Scheme, eligible occupiers should be able to claim for 100% business rates relief. For a non-qualifying tenant, the rates poundage for 2023/24 is £0.498 and therefore, property rates payable to Glasgow City Council for the 12 months from 1st April 2023 to 31st March 2024 would be approximately £5,428.20.
The annual rent of Block 4, Unit 1 is £25,000 per annum and its contribution to the estate service charge is budgeted as £2,452.37 per annum.
Its Rateable Value (RV) of Block 4, Unit 1 is £17,700 and because of the Small Business Bonus Scheme, an eligible occupier could claim for 10% business rates relief. For a non-qualifying tenant, the property rates payable to Glasgow City Council for the 12 months from 1st April 2023 to 31st March 2024 would be approximately £8,815. Fresh start relief is available, meaning an occupier can benefit from 100% rates relief in the first year.
The annual rent for Block 5 Unit 5 is £22,000 + VAT and its contribution to the estate service charge is budgeted as £2,062.38 per annum for the 2023 budget.
The Rateable Value (rv) of Block 5, Unit 5 is £17,400 and because of the Small Business Bonus Scheme, an eligible occupier could claim for 10% business rates relief. For a non-qualifying tenant, the property rates payable to Glasgow City Council for the 12 months from 1st April 2023 to 31st March 2024 would be approximately £8,665. Rates relief incentive packages are available, further information available upon request.’
The annual rent of Block 8, Unit 2 is £53,000 per annum and its contribution to the estate service charge is budgeted as £5,935.98 per annum.
Block 8, Unit 2 has a Rateable Value (RV) of £47,000 and with the rates poundage for 2023/24 set as £0.498, property rates payable to Glasgow City Council for the 12 months from 1st April 2023 to 31st March 2024 would be around £23,400.
Finally, Block 9. Its annual rent is £95,000 + VAT, its contribution to the estate service charge is budgeted at £14,940.28 + VAT, and its Rateable Value is £87,000, meaning rates payable during the 12 months from April 2023 to March 2024 would be approx. £44,400.
More details can be found on the Property Brochure and Schedule attached to this listing.