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ref: 23769

DISTRIBUTION / INDUSTRIAL / TRADE WAREHOUSE PREMISES - TO LET/MAY SELL

Available
Marketing
Price
POA
Location
47 Houston Street, Kingston Bridge Trading Estate, Glasgow, G5 8RS
Size
39,270 sq ft (3,648 sq m)
Property Type
Industrial
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EPC RATING


The property has an EPC rating of ‘G’. A copy of the EPC is available on request.


KEY FEATURES



attribute
GLASGOW'S PRIME TRADING ESTATE
attribute
IMMEDIATE ACCESS TO THE M74, M8 AND M77

LOCATION


The unit lies in a highly prominent position within the sought after Kingston Bridge Trading Estate to the south of Glasgow city centre.

Lying to the south side of Houston Street the premises are easily accessible from Paisley Road West and Seaward Street and also offer prominent frontage to the M8 and M74 motorways both of which can be accessed within only a few hundred metres of the premises.

The property provides occupiers with a unique opportunity to locate in one of the most prominent and accessible locations in Glasgow. The ten-lane Kingston Bridge is the busiest road bridge in Europe, with a daily traffic flow of over 150,000 cars. In 2013 the estimated average daily flow of traffic at the M8 off-ramp on Seaward Street (directly adjacent to the subject property) was 15,385 motor vehicles, according to the Department for Transport. A number of national trade occupiers are located in the immediate vicinity including Edmundson Electrical, HSS Hire, Screwfix, Howden Joinery, Hire Station, Benchmarx, Grahams, Toolstation, Johnstone’s Leyland, Dulux, City Electrical Factors and Speedy Hire.


DESCRIPTION


The building comprises a detached portal frame warehouse, a section of which has been let to Edmundson Electrical Ltd. The vacant warehouse space comprises approximately 30,695 sq ft and two storey offices of approximately 8,575 sq ft. The section leased to Edmundson Electrical Ltd comprises approximately 9,253 sq ft. The warehouse area has an eaves height of approximately 6.0m. The unit benefits from a secure, surfaced yard and car park and there is potential for additional yard to be created to the west and south of the existing building.

In addition to the vacant accommodation of 39,270 sq ft, a total of 9,253 sq ft is let to Edmundson Electrical Ltd. This is by way of a 10 year lease from 23 February 2015 to 22 February 2025. The current rent is £50,000 per annum.


RATEABLE VALUE


The vacant accommodation has a Rateable Value of £193,000 which excludes the Edmundson Electrical Warehouse.


LEGAL COSTS


Each party will be responsible for their own legal costs in any transaction.


Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 26/05/2019

Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA.

Copyright (c) 2019 Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509.
Registered office: 50 George Street, London W1U 7GA  Tel: +44 20 7935 4499