Industrial investment opportunity located within the popular College Milton Ind Estate of East Kilbride

Key Features

• Fully refurbished industrial premises with dedicated secure yard
• Let to Cartercom Ltd on FRI terms for 5 years from Jan 2025
• Tenant only break option in Jan 2028
• Passing rent of £36,000 pa = £5.74/sq ft
• Offers over £400,000 = 8.66%
• Elected for VAT, however, sale anticipated to be by way of TOGC

Description

Refurbished industrial unit of steel portal frame construction.

Personnel / staff entrances to front with generous communal parking.

Bright open-plan warehouse opening out to secure yard area to rear via vehicle access door.

First floor offices provided to the front with double-glazed windows units.

WC facilities and tea-prep provided.

Available area

The accommodation comprises the following areas:

Location

East Kilbride is Scotland’s most successful new town just 12 miles south-east of Glasgow and is situated within the South Lanarkshire
Local Authority Region.

The College Milton Industrial Estate is situated a short distance west of East Kilbride town centre benefiting from convenient access to the A725 that connects with the M74 beyond as well as the Glasgow Southern Orbital Road that connects with the M77.

East Kilbride Railway Station is located 1 mile east where regular services to Glasgow Central Station are provided.

Tenancy Information

Let to Catercom Ltd (Company No 11038587)

Catercom / www.carterco.co.uk is an innovative fibre optic solutions company working throughout the UK delivering end to end network build solutions.

5 years from 13/01/25
Tenant break on 13/1/2028
Passing rent of £36,000 pa +VAT payable quarterly, low passing rent of £5.74/sq ft
Rent review: Upwards only open market review - 13/1/2028
A 3 month rental deposit is held for the duration of the lease