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Agent's details

10 Palacecraig Street, Rosehall Industrial Estate

For sale: £2,800,000.00|To rent: £4.25 Per Sq Ft|69,705 Sq Ft|General Industrial, Industrial

Property details

FOR SALE£2,800,000.00
TO RENT£4.25 Per Sq Ft
SIZE69,705 Sq Ft
ADDRESS10 Palacecraig Street, Rosehall Industrial Estate, Coatbridge, ML5 4TF
TYPEGeneral Industrial, Industrial
TENURETo Let, For Sale Freehold, For Sale Leasehold
POSTED ON23rd August 2021

Description

Key Points

  • 69,705 sq.ft For Sale/ To Let
  • Excellent opportunity
  • Established industrial location
  • M8 corridor and close proximity to Eurocentral
  • Secure site
  • Generous yard area and staff carpark
  • Summary

    69,705 sq.ft Industrial Warehouse with Secure Yard- For Sale/May Let

    Description

    The property comprises a detached industrial unit with 2 storey offices, which has been extended and refurbished in the last 5-10 years. The original warehouse is of steel portal frame construction and was built in the early 1980s, surmounted by a mono-pitched metal clad roof. The property comprises 5 roller shutter vehicle access doors, two of which have raised level loading access. The property has approximately 55 vehicle carparking spaces, and a tarmac surface yard to the front, side and rear. The property has been measured within the RICS Code of Measuring Practice 6th Edition, and comprises 69,705 sq.ft. The internal warehouse accommodation is not uniform in its layout, however, we believe the space not to be overly bespoke that it would hinder many typical industrial occupiers.

    Viewings

    If you would like to arrange a viewing please arrange this via one of the marketing agents.

    Location

    Scotland’s prime industrial location for storage and distribution occupiers is Eurocentral, located just 3 miles east of the subject property. Outwith Eurocentral the prime industrial locations in the west of Scotland include areas such as Cambuslang and Bellshill. Coatbridge’s proximity to Eurocentral, Bellshill and it easy access to the national motorway network makes it an attractive location for industrial occupiers. We have seen good levels of demand for properties in this area, with nearby industrial estates performing well. M8 Interlink, which was purchased by Aberdeen Standard Investments c.2 years ago continues to perform well and help drive market rents.

    Promo

    Warehouse- For Sale/To Let

    Anti Money Laundering Regulation

    The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.

    Location

    marker
    Location: 10 Palacecraig Street, Rosehall Industrial Estate, Coatbridge, ML5 4TF

    Whifflet (0.4 miles)

    Coatbridge Central (1.2 miles)

    Kirkwood (1.3 miles)

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