Address: Unit 7 Bessemer Drive Kelvin Industrial Estate
Size: 9,759ft2 (907 m2)
Price: £37,300

Industrial Unit With Office Accommodation 

Location  

East Kilbride is Scotland’s sixth largest town and can be considered the country’s most successful new town.  Kelvin Industrial Estate is East Kilbride’s premier industrial location lying approximately one mile south of the town centre.

The subject property occupies a prominent position on Bessemer Drive, with nearby occupiers to include Anglian Windows, PSV Glass and Adam Plastics.

Description

The property comprises a traditional industrial unit comprising a large warehouse section with office accommodation to the front.  The subjects benefit from car parking to the front and vehicle access for loading purposes to the rear.

Accommodation

From our measured inspection we calculate the unit to extend to the following areas and dimensions:

GIA:           9,759 ft²     (907 m²)

Terms

The subjects are held on a full repairing and insuring lease expiring the 19th December 2023.  The current rent passing is £37,300 per annum exclusive. There is an outstanding rent review effective December 2018 – further details on request.

Entry

Early entry can be facilitated on conclusion of legal formalities.

Energy Performance Certificate

The property has an EPC rating of 'F'.  A copy of the Certificate is available on request.

Rating

We understand the subjects are entered into the Valuation Roll as follows:-

Rateable Value (‘20/’21):    £31,250

Legal Costs

Each party will be responsible for their own legal costs incurred in connection with the transaction.  The Tenant shall be responsible for any LBTT, registration dues and VAT incurred thereon.

VAT

All terms are quoted net of VAT at the prevailing rate.

Money Laundering Regulations

To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding.  Applicable documentation will therefore be required on agreement of Heads of Terms. 

Viewing/Further Information

Appointments to view can be made through this office.