Large Industrial Warehouse within well established Longman Industrial Estate. Competitive Terms and Flexible Lease Options Available. Accommodation extending from 309.81 sq m (3,334 sq ft) to 1001.47 (10,799 sq ft) or thereby. Secure Yard Available. May be possible to demolish the exiting buildings to provide a secure yard, subject to planning consent.
Location
The city of Inverness is regarded as the administrative and retail centre for the Highlands of Scotland. The city has a population of approx. 65,000 inhabitants and is the most important settlement with a string of towns and villages stretching around the Moray Firth with a total population of approximately 125,000. The city is situated at the northern end of the A82, A9 trunk road which links the city with Perth some 105 miles to the south with the A96 trunk road providing the main link to Aberdeen some 100 miles to the east.
The A82 trunk road links Inverness to Fort William, some 65 miles to the south west. The property is situated within the well-established Longman Industrial Estate located to the east of the city centre and easily accessible to the A82, A9 and A96. Neighbouring occupiers include Kwik-Fit, BP Petrol Filling Station, Network Rail, John G Russell (Transport) Ltd and a number of local occupiers. DESCRIPTION The subjects comprise a detached traditional stone building under a pitched corrugated iron clad roof incorporating translucent panels
Accommodation
Unit 1: 691.66 sq m (7,445 sq ft)
Unit 2: 309.81 sq m (3,334 sq ft)
Total: 1,001.47 sq m (10,779 sq ft)
Terms
LEASE The property is currently held on a Lease between Railtrack PLC and Scotland Infrastructure Maintenance Company Limited. The lease runs for a term of 50 years from 1 April 1994 and expires on 31 March 2044 at a peppercorn rent of £XXX per annum.
PROPOSAL The current lease is available by way of assignation or sub-letting. Our client is seeking a premium of £XXX exclusive of VAT for the assignation of their leasehold interest. Alternatively, the property is available to sub-let in whole or in part on flexible lease terms. Please contact the marketing agents for further details.
RATEABLE VALUE The subjects are currently listed within the local Assessors Roll with a rateable value of £XXX
EPC The subject property has an Energy Performance Rating of “G”.
LEGAL COSTS In the normal manner, an ingoing occupier/tenant will be responsible for LBTT, registration dues and VAT where applicable.
Specification
• LARGE INDUSTRIAL WAREHOUSE WITHIN WELL ESTABLISHED LONGMAN INDUSTRIAL ESTATE
• COMPETITIVE TERMS AND FLEXIBLE LEASE OPTIONS AVAILABLE
• SECURE YARD AREAS INCLUDED
• ACCOMMODATION FROM 309.81 M² (3,334 FT²) TO 1,001.47 M² (10,799 FT²), OR THEREBY
• EASY ACCESS TO A82, A9 & A96
• BUILDINGS COULD BE DEMOLISHED TO PROVIDE SECURE YARD
• SUITABLE FOR REDEVELOPMENT