The subjects comprise a standalone industrial unit of steel portal frame construction, overclad externally with profile sheeting, under a pitched roof surmounted by a steel frame. There is a tarmac surfaced yard and car park to the front of the unit.
The premises provide a substantial warehouse, trade counter / showroom, office and staff accommodation to the rear. The eaves height is 4.2m rising to 5.5m at the apex of the roof. Access is taken from one of two roller shutters. Loading access is from a 4.4m wide x 3.75m high roller shutter.
The trade counter / showroom is accessed from a modern shopfront with sliding doors, set behind a roller shutter. Heating in the warehouse is from Dravo gas fired blower heating systems. Lighting within the warehouse is from surface mounted modern LED fittings.
Heating within the showroom / offices is from radiators from a gas-fired central heating system. Finishes in this area include a suspended ceiling with integrated fluorescent light fittings. The walls are plaster and voice and data connections within the office space is within wall mounted trunking.
Location
The premises are located close to the entrance to Cadzow Industrial Estate, which lies off the A723 Strathaven Road / Low Waters Road approximately 1.5 miles south of Hamilton town centre.
Hamilton, the administrative centre of South Lanarkshire is located approximately 9 miles south east of Glasgow city centre, with the A723 and A725 linking the town to Scotland’s motorway network via the M74 which passes approximately 2 miles to the north of the town centre, accessed via Junctions 5 and 6. Other occupiers within the estate include Oticon, Compco Fire Systems and Mount Vernon Engineers.
Accommodation
Gross Internal Area - 6,036 sq ft (561 sq m)
Terms
Lease Terms - The premises are held on a 10 year full repairing and insuring lease expiring 31 July 2025. The passing rent is £XXX pa.
Our client is seeking to assign their leasehold interest, a sub lease may be considered.
Business Rates:
RV: £XXX
Payable: £XXX
Energy Performance Certificate - Available on request.
VAT - All prices, rents, premiums etc. are quoted exclusive of VAT.
Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.
Legal Costs - Each party is responsible for their own legal costs and the tenant shall be responsible for lease registration costs and land tax as standard.
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 on 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.