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Agent's details

Palacecraig Street, Coatbridge, ML5 4TF

To rent: ROA|6,811 Sq Ft|Office, Offices

Property details

SIZE6,811 Sq Ft
ADDRESSPalacecraig Street, Coatbridge, ML5 4TF
TYPEOffice, Offices
POSTED ON10th September 2021


TWO STOREY OFFICES RECENTLY REFURBISHED LocationCoatbridge is located approximately 11 miles east of Glasgow City centre, accessible via the A8/M8. The property is located to the north of the A8/M8 at the junction with the A725 providing excellent access throughout the Central Belt and to the north/south via the M80 and M74 motorways. The property is situated to the west of Palacecraig Street adjacent to Rosehall Industrial Estate.Key FeaturesWell located at the junction of the M8 motorway and the A725 trunk roadRecent refurbishment May sub-divideDescriptionThe subject property comprises a two storey integral office block within a larger industrial property. The specification includes: - Steel portal frame construction with brickwork/profiled metal clad elevations - Recently refurbished office accommodation - Shared Canteen Ground Floor Offices: - Solid concrete floors carpet covered - Wall mounted IT & Power sockets - Metal frame double glazing - Suspended ceiling with strip florescent lighting - Board room with AC - Fire & Intruder alarms - Dedicated reception room - Disabled toilet First Floor Offices: - Same specification as ground floor offices - 5x private offices/meeting rooms - Male & Female toilets Externally: 51 Car parking spacesAccommodationThe offices extend to the following approximate Net Internal Areas:Ground Floor Offices: 3,348.04 sq ft (311.04 sq m)1st Floor Offices: 3,463.27 sq ft (321.75 sq m)Total: 6,811.31 sq ft (632.79 sq m)AmenitiesThe offices do not have separate utilities from the attached warehouse. As such, a contribution of £13,600 per annum will be charged towards the utilities payments for the whole building.Rental / PriceThe property is available on full repairing and insuring terms for a period to be agreed at a rental of £41,000 per annum.Legal CostsEach party will be responsible for their own legal costs, with the ingoing tenant liable for any Land and Buildings Transaction Tax. The head tenant and sub tenant will equally share any reasonable costs incurred by the landlord to grant consent to the sub-lease.Business RatesThe property currently has a combined rateable value with the larger factory building. We calculate that the rates payable for the office section would be £8,500 per annum and would be payable by the occupier.VATWe can confirm that VAT will be payable on the rental.


Location: Palacecraig Street, Coatbridge, ML5 4TF

Whifflet (0.7 miles)

Kirkwood (1.0 miles)

Coatbridge Central (1.4 miles)

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