30 Nisbet Street, Parkhead, Glasgow, G31 5ES

The subjects comprise a complex of offices and workshop
units and are a mix of 1/2 storey properties constructed around
the early 1990’s and formed around a secure central car
park and yard. There are 26 car spaces serving the complex
secured by a secure gate.
Buildings 1&2

These buildings are interlinked and comprise office
accommodation over part single storey (building 1) and part 2
storey (building 2). The buildings are externally clad in facing
brick. Good natural daylight is provided from double glazed
windows.

Both parts have self contained entrances which are set behind
a security shutter. The accommodation comprises largely
cellular offices, a good sized general open plan office together
with male and female toilets and a kitchen facility. The 1st floor,
accessed from building 2, comprises an open plan office.
There is gas central heating to wall mounted radiators.

Building 3

Building 3 is of similar construction and is connected to
A terrace of 3 workshop units of steel frame construction,
building 2, is also over ground and 1st floors. The premises are
accessed from a timber and glass entrance door set behind
a security shutter.
The ground floor consists of an office with
a rear tea prep and boiler room, with 2 offices, storage and a
shower at 1st floor level. There is a full height 5m high roller
at the front and rear of the eastern side of the building providing access to the northern part of the site.

Building 4

Building 4 is self contained and single storey adjoin building 3,
at the eastmost boundary, also clad externally in facing brick.
The accommodation comprises various offices / training rooms
together with a WC.

Modular Accommodation

This part of the complex can be accessed from East Wellington
Street, and also from via the shutters providing passage
within building 3. This part of the complex contains a modular
portacabin office utilised as a training facility together with a
storage unit.

Workshop Units

A terrace of 3 workshop units of steel frame construction, blockwork walls and clad externally in profile sheeting. The eaves height is 5m lowering 3.5m t the rear. Access is via roller shutter with separate visitor access. The units access is a shared yard.

The subjects are situated on the east side of Nisbet Street, and
extends to the junction with East Wellington Street, immediately
to the north. The property is situated within the Parkhead area
of Glasgow, lying approximately 2.5 miles to the southeast of
Glasgow City Centre.

Glasgow is Scotland’s largest city with a population in excess
of 630,000 and a catchment population in excess of two million.
The city is the commercial and industrial capital of Scotland.
Parkhead Cross and The Forge Shopping Centre/Retail Park
lies immediately to the north west, and provide the main
retailing focus for the densely populated catchment area. The
new Parkhead Health & Care Hub is located directly opposite.

The subjects are conveniently located for access to the M8 at
Junction 13 and also Junction 1 of the M74 Motorway via the
A728. Glasgow’s public transport system is one of the most
efficient in the UK integrating buses, trains and an underground
system. Buses operate closeby at Parkhead Cross with routes
throughout Greater Glasgow.

The Vendor is to take a 5 year lease of all parts, excluding
buildings 1 & 2, at a rent of £48,500 pa. We envisage a further
rent of £29,461 pa can be achieved on letting buildings 1 & 2,
providing a total ERV of £77,961 pa.

The site is held on a mix of heritable title and a ground leases
(c. 0.40 acre hatched on OS plan) under a 125 ground lease
from City Property until 27 February 2120 at a ground rent of
£8,200 pa.