Peasiehill Road, Elliot Industrial Estate

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Key Points

Summary

SUBSTANTIAL INDISTRIAL & OFFICE ACCOMMODATION

Description

The property comprises a refurbished industrial facility of steel portal frame construction, infilled with block and metal sheeting to the external walls, under a double pitched profile metal sheet covered roof. There is a modern single storey office block to the front providing reception area, staff and WC facilities.

The premises benefit from 3 phase power, an oil-fired heating system, electrically operated roller shutter doors, approx. 7 metre eaves, and two full length overhead cranes.

The subjects are located on a good sized site of approximately 0.312 hectares / 0.772 acres, with vehicular access from Peaseihill Road leading to an enclosed concrete surfaced apron to the front of the workshop building.

Location

The property is located on Peasiehill Road, within the well-established Elliot Industrial Estate on the western outskirts of the Angus town of Arbroath, approximately 1.5 miles west of the town centre. Neighbouring occupiers include Halliburton, Tayside Contracts, AGR Automation, Buildbase and Howden Joinery.

Arbroath is the largest town in the Angus Council area, and has a resident population of approximately 23,000. The town lies on the Angus coast, approximately 16 miles north-east of Dundee and 45 south-west of Aberdeen.

Terms

The accommodation is available by way of a new lease on full repairing and insuring terms at a rental of £65,000 per annum. Alternatively our clients may consider offers for the heritable proprietors interest in the premises.

Accommodation

We have measured the gross internal area of the accommodation in accordance with the RICS Code of Measuring Practice (6th Edition) to be as follows:-

Warehouse - 1,615 sq m (17,389 sq ft)
Office - 158 sq m (1,708 sq ft)
Total - 1,773 sq m (19,097 sq ft)

Legal Costs

Each party will be responsbile for their own legal costs in connection with the transaction, with the tenant being responsible for Land & Building Transaction Tax and VAT liability incurred thereon in.

Viewing

Strictly by appointment by the sole agents.

Business Rates

Rates Payable: £20,368.2 per annum
(based upon Rateable Value: £40,900 and UBR: 49.8p)
Any new occupier will have the right to appeal this rating assessment.