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Warehouse In Secure Gated Yard, Units 1/3 Block 3 Caldwellside Industrial Estate, West Faulds Road, Lanark, ML11 7SR

6,714 Sq Ft / Industrial / General Industrial

To Let - £30,700.00 per annum

Available - Last updated: 17 February 2021

The subjects comprise an end terraced industrial unit consisting of two inter-connected units of steel portal frame construction clad externally with roughcasting and profile sheeting. The roof is surmounted by a steel frame and is mono pitched with profile sheet cladding.

Internally the premises are arranged to provide warehouse accommodation together with a trade counter / showroom and office accommodation. Loading access is afforded from a 4.5m high x 3m wide electric roller shutter. Staff / visitor access is from a traditional trade counter shop front, also set behind a security shutter. Eaves height is 5m decreasing to 3.6m at the rear Heating within the warehouse is from Power-Matic blower heaters. Heating within the showroom/ offices is from a gas central heating system to radiators.

There is a substantial tarmac surfaced yard to the front of the unit secured by a mix of fencing. There are two sets of gate access for access and egress.

Location

The property is located on the north side of West Faulds Road within Caldwellside Industrial Estate on the outskirts of the town of Lanark. Lanark lies approximately 25 miles south east of Glasgow and 30 miles south west of Edinburgh.

The estate is positioned approximately 2 miles east of Lanark Town Centre on the south side of the A743 Carstairs Road. Caldwellside Industrial Estate is the main established industrial area of Lanark and is accessed via the A743, which leads to Junction 7 of the M74 motorway. The A721 provides access to Edinburgh to the north east and Kilmarnock to the west whilst the A73 provides access north to the M8 motorway.

Surrounding occupiers include Border Family Biscuits, Boyd’s Motor Engineers, Country Stores, Tufnells Parcel Express, Art and Aerospace, Wolsley and South Lanarkshire Council.

Accommodation

We have measured the Gross Internal Area of the unit to be:

6,714 sq ft (624 sq m)

Terms

Lease Terms - The premises are available by way of an assignation of a 10 year lease due to expire on 17 May 2027. The passing rent is £30,700 pa. There is a Tenant Break Option on 18 May 2022. Our client may consider a sub lease.

Business Rates:

RV: £26,500

Payable: c. £13,000

Service Charge - The tenant shall pay an equitable share of the common costs for the business park.

Energy Performance Certificate - Available on request.

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.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £30,700.00 per annum

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Contact agents

Marc Erunlu

Lapsley McManus Property Consultants

0141 432 0484



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