5 Waterford Way, Forres, IV36 3EE

The subjects comprise a single store detached industrial unit. Internally the property is laid out with an open plan workshop area with electric operated metal roller door, storage area, modern office and toilet facilities. The unit has been recently benefited from an extensive refurbishment internally and externally.

There is a yard to the front of the building which is secured with palisade fencing.

The subjects are located within the town of Forres, specifically within the Waterford Industrial Estate, one of the town’s principal trading estates. The estate lies to the north of the town centre and benefits from strong road connectivity via the A96 trunk road, as well as convenient public transport links, with Forres railway station in close proximity.

Forres has a population of approximately 12,000 and is situated in the north-east of Scotland, around 12 miles west of Elgin and approximately 25 miles east of Inverness.

By appointment through the sole agents Allied Surveyors Scotland.

The subjects are available to let on Fully Repairing and Insuring (FRI) terms from £12,000 per annum.

Eligible occupiers may benefit from up to 100% rates relief under the Small Business Bonus scheme. Further details regarding eligibility can be obtained from the local authority.

The property has connections of mains water, electricity and drainage.

The Energy Performance Certificate rating is ‘A’.

Each party will be responsible for their own legal costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.

On completion of legal formalities.

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 or heads of terms have been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence before the transaction can proceed.