Light industrial to let in Third Road, Blantyre, Glasgow G72

From £26,000 pa (£5.13/sq. ft. pa)
Light industrial to let From 5,068 - 5,537 sq. ft*
Interested in this property? Call +44 1355 385860 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • To Let / For Sale
  • Six terraced industrial units
  • Secure, private yards
  • Office space
  • Some units with potential for 25% Business Rates relief.

Property description

Block 4, blantyre industrial estate

Under refurbishment - units available late 2020 / early 2021



More details on units sizes etc. Can also be found on the Property Brochure and Cost Schedule attached at the foot of this listing.


Location


Blantyre Industrial Estate lies adjacent to the A725 (East Kilbride Expressway) trunk road, around 1 mile from the M74 motorway (J5) and approximately 12 miles south east of Glasgow city centre. The M73, M8, M80 and M77 motorways are all within a relatively easy drivetimes as are the towns of East Kilbride, Hamilton, Motherwell, Bellshill and Coatbridge. The main entrance into Blantyre Industrial Estate is via the B7012.

Regular bus services (First Bus nos. 201,263 & 267 and Whitelaw Coaches no. 254) pass along the B7012 (Main Street) providing transport from Glasgow city centre and south east, Motherwell, Bellshill, Hamilton and East Kilbride. Blantyre and Hamilton West Railway Stations are both within a 30 minutes' walk of Blantyre Industrial Estate or with connecting bus services.

Blantyre Industrial Estate is home to many companies including ecg Facilities Services, Cleartech Group and pmk Civil Engineering.


Description


* Property refurbishment underway.
* Terraced, light industrial units with offices.
* Fenced and gated, private yards.
* Lighting.
* Clear internal height from 12 ft. (3.67 m.).
* 3-phase electricity supply.

Block 4 is located on Third Road and the property is formed in a terrace of single storey workshops, with steel truss framed roofs in profiled metal sheeting, and brick walls. Each unit benefits from office space and a fenced and gated yard to the rear and there is a provision of shared car parking spaces at the front of the terrace.

There are six units available to companies / Directors to purchase for owner occupation.

Unit 1 lies at the end of the terrace and a refurbishment is underway. In addition to the standard ground floor office content, Unit 1 also has two small office/rooms at first floor level. With the absence of first floor space, Units 2,3,4,5 & 6 are slightly smaller than Unit 1. Each workshop area has new lighting and a roller shutter loading door opening onto the private yard. The loading doors have a height and width of approx. 9 ¼ ft. (2.83 m.) and 11 ½ ft. (3.5 m).


Availability & costs


The properties are available to lease on standard, full repairing and insuring terms for periods to be agreed. The annual rent for Unit 1 is £26,000 per annum and Units 2,3,4,5 & 6 are available for £25,000 per annum. Each unit's contribution to the estate service charge is estimated at £0.35 per sq. Ft. Per annum. Rent and service charge are usually payable quarterly in advance, but monthly payments may be considered. VAT is applicable.

Our clients are also willing to sell their Heritable (Freehold) interest in each of these properties for a price of £250,000 + VAT per unit. The sales will be subject to a service agreement for the upkeep of the common areas.

Unit 1 has a Rateable Value (rv) of £19,000 and the rate poundage for 2020/21 has been set at £0.49. Therefore, business rates payable to South Lanarkshire Council for the twelve months from 1st April 2020 to 31st March 2021 would be £9,310.

RVs for Units 2,3,4,5 & 6 will need to be re-assessed by the local Assessor but based on similar units in Block 4, we estimate a rv of £17,100. If correct, because of the Small Business Bonus (sbb) scheme, an eligible occupier could claim 25% relief from Business rates. In 2020/21, this could have resulted in a saving of just over £2,000.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Rosslyn Property, G74 on +44 1355 385860 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Rosslyn Property, and do not constitute property particulars. Please contact Rosslyn Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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