icons_size_white icons_size
menu

Agent's details

7 Palacecraig Street, Coatbridge, ML5 4RY

To rent: ROA|General Industrial, Industrial Park, Light Industrial, Distribution Warehouse, Industrial

Property details

TO RENTROA
ADDRESS7 Palacecraig Street, Coatbridge, ML5 4RY
TYPEGeneral Industrial, Industrial Park, Light Industrial, Distribution Warehouse, Industrial
TENURETo Let
POSTED ON22nd November 2021

Description

The subjects comprise a detached industrial / logistics unit which was comprehensively refurbished (including a new roof) in 2018. EPC RatingEPC available on request.DescriptionThe property benefits from the following salient features:Steel portal frame constructionProfile metal clad roof incorporating 10% filon rooflightsRe-wired in 20184.7m eaves height rising to approx. 5m at the roof apexGround level vehicular access doors to the front and rear (5 in total).LED warehouse lightingOffice & staff welfare accommodationSecure substantial rear yard extending to approximately 0.54 acresSeparate dedicated and secure car parking at frontLocationThe North Lanarkshire town of Coatbridge is located approximately 11 miles east of Glasgow city centre.Recent road infrastructure improvements have resulted in the surrounding area now being one of the best connected locations in Scotland.The property lies in close proximity to the Shawhead Interchange providing access both onto the A8 and a direct route to the M74 (J5 - Raith Interchange) via the A725.The property also lies a short distance from the newly upgraded M8 motorway at J7A providing direct routes to Glasgow and Edinburgh.The Baillieston Interchange lies 2 miles to the west and is the main hub of the Scottish motorway network where the M8, M73 and M74 motorways converge.The property is available to lease as a whole on standard Full Repairing & Insuring terms for a duration to be agreed between the parties.Key FeaturesRefurbished in 2018, including new roofSubstantial secure yard (0.54 acres approx.)Separate dedicated secure parkingImproved drive times following recent completion of road infrastructure upgrade worksM8, A8 and A725 all within 1 minutes’ driveFast and easy access to M74 (J5 - Raith Interchange)Main road frontage onto A725 Whifflet StreetRateable ValueThe property is entered in the current valuation roll with a Rateable Value of £42,000.Estimated rates payable (2021/22) is £20,580 p.a.All rating enquiries should be directed to Lanarkshire Assessors department Tel:01698 476000.TenureThe property is available to lease as a whole on standard Full Repairing & Insuring terms for a duration to be agreed between the parties.Rent: £112,700 per annum (£7.25 per sq ft).Legal CostsEach party will be responsible for bearing their own legal costs and in the normal manner the ingoing tenant will be responsible for any stamp duty land tax and registration fees.VATAll prices, premiums, rents, etc. are quoted exclusive of VAT.

Location

marker
Location: 7 Palacecraig Street, Coatbridge, ML5 4RY

Whifflet (0.6 miles)

Kirkwood (1.2 miles)

Coatbridge Central (1.4 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here