The subjects comprise a mid terraced workshop / industrial unit clad externally in profile sheeting under a mono pitched and asbestos sheet clad roof. The unit has an eaves height of 4.50m. Loading accessed from a 3.7m high by 3.75m wide roller shutter, and a customer / visitor entrance. Internally the unit comprises an office and tea prep at the front with a toilet at the rear. The unit has 3 phase electricity supply.
Location
The subjects are located on the south side of Lloyd Street within the Rutherglen area of Glasgow, lying some 3 miles south east of the city centre. The Rutherglen area is an established industrial and trade park location. There has also been considerable regeneration locally led by Clyde Gateway. The major regeneration projects have included the M74 extension providing excellent access to the motorway network and the Clyde Gateway Route, which connects the M74 and M8 locally. Junction 2 of the M74 is a short drive from the subjects.
Accommodation
Floor Area - 1,875 sq.ft (174.34 sq.m)
Terms
Rent / Terms - £17,900 per annum exclusive of VAT.
Business Rates:
RV: £10,400
Payable: £5,030
The unit benefits from 100% rates relief under the Small Business Bonus Scheme. For further information contact the Director of Finance at South Lanarkshire Council.
Service Charges - The tenants shall pay a charge for the upkeep of the common parts of the estate and a share of the building’s insurance premium.
Energy Performance Certificate - Upon request.
Legal Costs - Each party will be responsible for their own legal costs and outlays including VAT incurred.
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.
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.