The building, of which the subjects form part, is approximately 10 years old – finished in an attractive traditional style. The property is of frame construction with decorative red facing brick external elevations and a pitched tiled roof. The ground floor of the property is occupied by Sally Services as a retail outlet. Access to the upper floors is taken by means of a part glazed/timber door with a stairwell accessing the first and second floors. The offices have the benefit of an intercom entry system.
Location
Kilmarnock is the second largest town in Ayrshire with a resident population of approximately 44,000 people and a catchment population of 120,000 people. The town is located approximately 21 miles south-west of Glasgow and 13 miles north-east of Ayr.
The subjects are located on the north side of Nelson Street, close to its junction with Bank Street to the west and St Marnock Place to the east. Kilmarnock Train Station provides regular services to Glasgow and south to Ayr and on to Stranraer. Kilmarnock Bus Station provides regular services around Ayrshire and beyond.
Accommodation
The accommodation is currently provided in cellular form, providing four main offices, a large Board/meeting room, store room, kitchen and separate male and female toilet facilities. However, the accommodation can be provided in open plan form. Walls have been lined and papered, floors are carpeted and a suspended acoustic tile ceiling has been fitted throughout. Space heating is provided by means of low and high level dimplex radiators.Attractive UPVC window units have been installed providing additional daylighting to the offices.
From measurements taken on-site and in accordance with the RICS Code of Measuring Practice (Sixth Edition), we calculate the subjects extend as follows:
Net internal area: 136.61sq m (1,470sq ft)
DEDICATED CAR PARK
There is a tarmac surfaced car park to the rear of the property where there are 2 spaces allocated for the available unit.
Terms
RATING ASSESSMENT
The subjects are entered in the current Valuation Roll as follows:
Rateable Value: £11,300
As the Rateable Value is less than £12,500, the Small Business Bonus Scheme may entitle the tenant to a 50% reduction in rates payable. Interested parties should make their own enquiries in this regard.
LEASE TERMS/RENTAL
We understand that the property is held by way of a standard FRI lease which is due to expire on 28 August 2013. The passing rent (fixed until the end of the lease) is £12,500 per annum. However, the landlord has advised that they would be prepared to consider agreeing to a new lease on a longer term – subject to satisfactory references
VAT
Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS
We would expect the ingoing tenant to be responsible for our client’s reasonably incurred legal fees relative to the transaction.
Specification
• Second floor office: 136.61 sq m (1,470 sq ft)
• Attractive town centre location
• 24 hour access – entry intercom
• Available in open-plan or cellular form
• 2 allocated parking spaces plus on-street car parking
• Passing Rental: £12,500 per annum