Description
The property comprises a semi-detached industrial unit of steel portal frame construction under a concrete cement roof.
Key Features
Prime location overlooking the M8
Refurbishment underway
Adjacent to Eurocentral – Scotland’s premier distribution location
Minimum height of 3.65m to underside of truss
External & internal refurbishment underway
Comprises warehouse, reception, offices, kitchen and WCs
Loading door to rear with ramp access to warehouse
Potential for any purchaser to create additional ground level loading door and yard to rear
Location
The property is located on Howden Avenue within Newhouse Industrial Estate, Newhouse, North Lanarkshire and benefits from frontage on to the recently upgraded M8 motorway.
Prime location adjacent to Junction 6 of the M8 and only 4 miles from J5 (Raith) of the M74.
Newhouse lies 14 miles east of Glasgow and 32 miles west of Edinburgh.
Other estate occupiers include Honeywell, Volvo/Terex, UPS, WH Malcolm, Ryder, XPO, Co-op and Brakes.
EPC Rating
EPC certificate available upon request.
Tenure
The Heritable interest (Scottish equivalent of English freehold) in our client’s property is available for sale with vacant possession at offers in excess of £800,000.
Legal Costs
Each party will be responsible for bearing their own legal costs.
In the normal manner, the purchaser will be responsible for any Land & Buildings Transaction Tax (LBTT) and registration fees.
Rateable Value
We understand that the property is entered into the Valuation Roll as one entry as follows:
NAV/RV £55,500
All rating enquiries should be made directly to Lanarkshire Assessors Department, T: 01698 476078.
VAT
All prices, premiums, rents, etc. are quoted exclusive of VAT.