Unit 12 Swanston Street, Glasgow, G40

LOCATION:

The subjects are located on the west side of Swanston
Street within Cotton Street Industrial Estate, and lie within the
Dalmarnock area of Glasgow, lying some 2.5 miles east of the
city centre. The Dalmarnock area continues to benefit from
the legacy of the 2014 Commonwealth Games, which has
undergone a remarkable residential led transformation from
a heavy industrial past to a modern vibrant community. The
major regeneration projects have included the M74 extension
providing excellent access to the motorway network, the
Clyde Gateway Route which connects the M74 and M8 locally
and the new Dalmarnock Train Station further enhancing the
connectivity and status of the location. Junction 1A of the M74
is a short drive from the subjects and the new Dalmarnock
Train Station is a short walk. There is ample car parking locally.

Surrounding occupiers include Stratum Masonry, Precious
Time Cleaning and ECO Refrigeration, Shedman and Absolute
Storage.

DESCRIPTION:

The subjects comprise a mid terraced two storey property
with blockwork walls clad externally in profile sheeting under a
profile sheet clad roof, with car spaces to the front.


Unit 12 and 15 are over two floors with a 1st floor office above the
ground floor workshop. Loading access to the workshops is
from a 2.75m x 2.80m roller shutter with a separate entrance to
the offices, with the 1st floor accessed from timber stairs. The
workshop has access to a toilet.

The 1st floor office accommodation within unit's 12 &15 are
presented to good standard including carpet flooring, painted
plaster walls, a suspended ceiling and LED lighting. There
are double glazed windows at the front elevation providing
excellent daylight.

FLOOR AREAS:


Unit 5: 500 sq ft (46.47 sq m)
Unit 12: 1,150 sq ft (107 sq m) **
Unit 15: 775 sq ft (72.30 sq m) ***

** 1st Floor Office & Storage 620 sq ft
*** 1st Floor Office 267 sqf

RENT/TERMS:


Unit 5: £5,500 pa excl of VAT
Unit 12: £12,075 pa excl of VAT
Unit 15: £8,400 pa excl of VAT

SERVICE CHARGE:

A service charge of £75 per month is also payable.

BUSINESS RATES:

Unit 5 Rateable Value: £2,900
Unit 12 Rateable Value: £6,400
Unit 15 Rateable Value: £5,500

As the RVs are less than £12,000, the units qualify for 100%
rates relief under the small Business Bonus Scheme. For further
information please call the Director of Finance at Glasgow City
Council.

ENERGY PERFORMANCE CERTIFICATE:
Upon request.

LEGAL COSTS:

Each party will be responsible for their own legal costs and
outlays including VAT incurred.

VAT:

All prices, rents, premiums etc. are quoted exclusive of VAT.
Interested parties must satisfy themselves as to the instance of
VAT in respect of any transaction.

ANTI MONEY LAUNDERING REGULATIONS

The Money Laundering, Terrorist Financing and Transfer of
Funds (Information on the Payer) Regulations 2017 came into
force on the 26th June 2017. This now requires us to conduct
due diligence not only on our client but also on any purchasers
or occupiers. Once an offer has been accepted, the
prospective purchaser(s)/occupier(s) will need to provide, as a
minimum, proof of identity and residence and proof of funds for
the purchase, before the transaction can proceed.