Phase 2 , Unit 4 Lloyd St

LOCATION:

The subjects are located on the south side of Lloyd Street
within the Rutherglen area of Glasgow, lying some 3 miles
south east of the city centre. The Rutherglen area is an
established industrial and trade park location. There has also
been considerable regeneration locally led by Clyde Gateway.

The major regeneration projects have included the M74
extension providing excellent access to the motorway network
and the Clyde Gateway Route, which connects the M74 and
M8 locally. Junction 2 of the M74 is a short drive from the
subjects.

DESCRIPTION:

The subjects comprise a mid terraced workshop / industrial
unit clad externally in profile sheeting under a mono pitched
and asbestos sheet clad roof. The unit has an eaves height
of 4.50m. Loading accessed from a 3.7m high by 3.75m wide
roller shutter, and a customer / visitor entrance. Internally the
unit comprises an office and tea prep at the front with a toilet at
the rear. The unit has 3 phase electricity supply.

FLOOR AREA:

1,875 sq.ft (174.34 sq.m)

RENT/TERMS

£17,900 per annum exclusive of VAT.

BUSINESS RATES:

RV: £10,400
Payable: £5,030

The unit benefits from 100% rates relief under the Small
Business Bonus Scheme. For further information contact the
Director of Finance at South Lanarkshire Council.

SERVICE CHARGES:

The tenants shall pay a charge for the upkeep of the common
parts of the estate and a share of the building's insurance
premium.

ENERGY PERFORMANCE CERTIFICATE :
Available Upon request.

LEGAL COSTS:

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

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.

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.