Constructed around 10 years ago, Clyde Gateway Trade Park includes communal car parking and yard space immediately in front of the terraces. Unit 2C provides column-free portal framed warehouse space with a clear internal height of approximately 21 ½ ft. (6.6 m). A block at the rear of the unit provides toilets and a small staffroom/kitchen facility and an open plan office and trade counter has been constructed behind the glazed front entrance, secured by an electrically operated roller shutter. The loading door is also electrically operated and is almost 13 ft. wide x 14 ft. tall (4.0 m x 4.25 m) with a secure dispatch/drop point built to its rear. A small mezzanine level has been added above the office block and dispatch area to provide additional storage.
Location
The property is located within Clyde Gateway Trade Park, a modern industrial / trade development in Rutherglen, beside Tesco Extra and Safestore and approximately 3½ miles south east of Glasgow city centre. Accessed from Dalmarnock Road, the property is only two minutes’ drive from Junction 2 of the M74 motorway with direct onward links to the M8, M73 and M77.
Public transport provision is good with at least six regular bus services passing by Tesco Extra on Dalmarnock Road, providing links to districts on the north, south, east and west of Glasgow and to Renfrewshire and Lanarkshire, including East Kilbride and Hamilton. In addition, Rutherglen and Dalmarnock railway stations are both within 15 minutes walk.
The development is arranged in a double terrace format and from the entrance to the estate, Unit 2C lies in the middle of the second block, next door to Evolution Fasteners.
Accommodation
We have measured Unit 2C in accordance with the RICS Code of Measuring Practice and calculate the property to have a gross internal floor area of approximately 5,663 sq. ft. (526.1 sq. m.), with the ground floor extending to around 5,072 sq. ft. (471.2 sq. m.) and the mezzanine level of 591 sq. ft. (54.9 sq. m.).
Included in the ground floor is the office area of around 328 sq. ft. (30.4 sq. m.).
Terms
AVAILABILITY & OCCUPATIONAL COSTS - The property is available by way of an assignation of our client’s existing lease, due to expire on 2nd December 2022 with an annual rent of £31,250 + VAT. Presently, the estate service charge is budgeted at an annual figure of £1,384.72 + VAT. Rent and service charge are payable quarterly in advance.
Alternatively, for an occupier seeking a commitment for a period of 5 years or more, it may be possible to agree a new lease with the landlord.
ENERGY PERFORMANCE CERTIFICATES - A copy of the certificate is available upon request.
LOCAL AUTHORITY RATES - Unit 2C has a Rateable Value of £24,000, which includes an allowance for a now removed steel mezzanine and, therefore, it may be possible to secure a reduction. Interested parties should make their own enquiries with the Local Assessor and further information is available at www.saa.gov.uk.
With the uniform business rate for 2018/19 set at £0.48, property rates payable for the 12 months period until 31st March 2019 would be around £11,500 (before any reduction).
Payment of property rates and water & sewerage rates will become the in-going occupier’s responsibility.
LEGAL COSTS - Each party will bear their own legal costs in the documentation of the transaction and, in the usual manner, the in-going occupier will be responsible for registration fees and, in the unlikely event it is applicable, any Land & Buildings Transaction Tax.
DATE OF ENTRY - The property has already been vacated and entry by a new occupier would be available immediately upon conclusion of missives.
VAT - All rent and outgoings are subject to VAT at the prevailing rate.
Specification
- 5,663 sq. ft. (526.1 sq. m.) G.I.A.
- Quick access to Junction 2 of the M74
- Easy links to Glasgow city centre
- Strong public transport links