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TO LET/MAY SELL - 3,451 SQ. FT. 35 NASMYTH AVENUE, East Kilbride

For sale: £300,000.00|To rent: £35,000.00 Per Annum|3451 Sq Ft|Land, Offices, Office, Commercial Land

PROPERTY DETAILS

FOR SALE£300,000.00
TO RENT£35,000.00 Per Annum
SIZE3451 Sq Ft
ADDRESS35 Nasmyth Ave, Nasmyth Avenue, Glasgow, G75 0QR
TYPELand, Offices, Office, Commercial Land
TENUREBusiness for sale, To Let
POSTED ON24th January 2020

DESCRIPTION

LOCATION
East Kilbride is the sixth largest settlement in Scotland, lying just nine miles to the south east of Glasgow city centre and benefiting from strong road and public transport links.

35 Nasmyth Avenue is located on Bramah Avenue within Scottish Enterprise Technology Park, which itself sits to the south east of the town centre and East Kilbride Shopping Centre and Bus Station. East Kilbride Railway Station offers a train service to and from Glasgow Central Station at half hourly intervals throughout the day.

A Premier Inn is within easy walking distance as is the Crooked Lum restaurant and bar.

The park is accessed from the A725, which leads directly to the Raith Interchange, M74 and M8 motorways with the M77 also easily reached via the A726 and Glasgow Southern Orbital roads.

DESCRIPTION
Scottish Enterprise Technology Park was established in 1994 and extends to around 84 acres (34 hectares). It is already home to over 100 companies, ranging from start-ups to SMEs and large international businesses. On-site facilities include security, a café and children's nursery. There are also conference facilities and meeting rooms to hire within Prism House Conference Centre.

35 Nasmyth Avenue is a detached, two storey modern office block constructed in the late 1990s with facing brick, a pitched, concrete tiled roof and with double glazed windows. Internally, the offices are laid out to provide a combination of open plan and cellular space (private offices and meeting rooms) and these have been created by demountable partitions. There is a reception area to the front of the ground floor and a stairwell serves the first floor. WCs (ladies, gents and disability) are also located on the ground floor together with a small kitchen?/?staff area. The property is in good condition.

The office space has carpet covered raised timber floors and the walls are plastered and painted, some internal walls incorporating glazed units. Ceilings are suspended with recessed lighting and air conditioning cassettes have been added together with smoke detectors. Heating is by gas fired, hot water, wall mounted radiators. The previous occupier used one room for training purposes and this has a timber floor. The kitchen/staff area has a vinyl floor covering.

The property is set in an attractive, peaceful landscaped setting with eight car parking spaces and with ample overspill parking available a short walk away.

35 Nasmyth Avenue also benefits from expansion potential on land immediately adjacent to the existing building.

ACCOMMODATION
We have measured the office suite in accordance with the RICS Code of Measuring Practice and calculate the net internal area to be approximately 3,451 sq. ft. (320.6 sq. m.).

AVAILABILITY
The property is available For Sale or To Let. Our clients are seeking a price in excess of £300,000 + VAT for their long ground lease interest, which has 102 years unexpired and a peppercorn rent.

Due to the internal layout of the property with the WC and staff facilities all on ground floor, the likelihood is the property would only be leased in its entirety and our clients are seeking an annual rent of £35,000 + VAT per annum.

ENERGY PERFORMANCE CERTIFICATES
Available on request.

LOCAL AUTHORITY RATES
The office suite has a Rateable Value of £33,250 and the relevant Uniform Business Rate for 2019/20 is £0.49. The payment of non-domestic property and water & sewerage rates will become the tenant's responsibility.

LEGAL COSTS
Each party will be responsible for their own legal fees with the tenant meeting the costs of registering the lease and, if appropriate, payment of any Land & Buildings Transaction Tax.

DATE OF ENTRY
Upon conclusion of the lease agreement.

VAT
Rent and other costs related to the property are subject to VAT.

LOCATION

Location: 35 Nasmyth Ave, Nasmyth Avenue, Glasgow, G75 0QR

East Kilbride (0.9 miles)

Hairmyres (2.2 miles)

Thorntonhall (3.4 miles)

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