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LET AGREED

Tennant Complex, Tennant Avenue, College Milton South, East Kilbride, G74 5NA

From
£1,237 pcm
£14,844 pa

£6.00 per sq. ft.

Business rates & charges may apply

Rosslyn Property Ltd, East Kilbride
SIZE AVAILABLE
2,474-4,674 sq. ft.
(230-434 sq. m.)
SECTOR
Light industrial facility to lease
USE CLASS
Use class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution
B1, B2, B8

Lease details

Lease type:
Long term

Key features

  • Refurbished industrial units.
  • 3-phase electricity supply.
  • Lighting
  • Parking

Property description

Tenure: Leasehold

Unit 17 (now under offer) and Unit 7,9 & 10, Tennant Complex, 15 Tennant Avenue, College Milton South Industrial Estate, East Kilbride, G74 5NA.

TO LET - 2,474 sq. ft. (121.2 - 229.7 sq. m.)

RENT - £8,156 and £14,832 per annum (£6.00 per sq. ft.)

* Unit 17efurbished.
* Unit 7, 9 & 10. Three inter-connecting units. Refurbishment beginning shortly.
* Clear heights of up to 14 ft. (4.3 m.).
* 3-phase electricity supply. Gas in Unit 7, 9 & 10
* Potential for 100% business rates relief on Unit 17.

DESCRIPTION
Tennant Complex is centrally located within College Milton South Industrial Estate and accessed from Tennant Avenue. College Milton South is accessed via the A726 (Queensway) and lies approximately two miles from East Kilbride town centre.

The development totals 35,257 sq. ft. and comprises 18 industrial units and studios plus two small storage units. The industrial units are single storey and of concrete frame construction with brick walls and metal sheet profile cladding above. The trussed lantern roof provides generous natural light into each unit.

Unit 17 is a recently refurbished unit, accessed via a personnel door and with a separate loading door allowing vehicle access. Subject to an agreed lease, the property is available for immediate entry. There is ample, communal on-site car parking surrounding Tennant Complex.

Unit 7, 9 & 10 has only recently become available and has yet to be refurbished. Our clients are looking to lease as a single property but, depending on use and terms, some consideration may be given to re-dividing into three individual parts.

AVAILABILITY & COSTS
Unit 17 is available to lease on standard, full repairing and insuring terms for a period to be agreed, subject to a minimum of 3 years. The annual rent for Unit 17 is £14,832 per annum and its contribution to the estate service charge is budgeted as £1,754.85 per annum. Rent and service charge are payable quarterly in advance and VAT is applicable.

Unit 17 has a Rateable Value (RV) of £9,700 and, because of the Small Business Bonus Scheme, an eligible occupier can claim for 100% business rates relief. For a non-qualifying tenant, the rates poundage for 2021/22 is £0.49 and, therefore, property rates payable to South Lanarkshire Council for the 12 months from 1st April 2021 to 31st March 2022 would be £4,753.

Unit 7, 9 & 10 is also available to lease on standard FRI terms for a period to be agreed. The annual rent for Unit 19 is £8,156 per annum and its contribution to the estate service charge is budgeted as £857.24 per annum. Rent and service charge are payable quarterly in advance and VAT is applicable.

Unit 7, 9 & 10 has a Rateable Value (RV) of £18,200 and, is not eligible for any small business rates relief. The rates poundage for 2021/22 is £0.49 and, therefore, property rates payable to South Lanarkshire Council for the 12 months from 1st April 2021 to 31st March 2022 would be £8,918

More details can be found on the Property Brochure and cost schedule attached to this listing.

Brochures

Tennant Complex, Tennant Avenue, College Milton South, East Kilbride, G74 5NA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hairmyres Station0.2 miles
  • East Kilbride Station1.4 miles
  • Thorntonhall Station1.4 miles

About Rosslyn Property Ltd, East Kilbride

Suite 11 Jacobean House, 1a Glebe Street, East Kilbride, Glasgow, G74 4LY

Rosslyn Property is a new commercial property consultancy, established by Stephen St. Clair BSc MRICS, as a niche practice dealing with the letting, sale and acquisition of industrial and commercial premises and land across Scotland.

Building on years in the front line of the Scottish industrial market, Rosslyn Property is able to provide expert advice and support to Business Owners, Occupiers, Property Companies, Private and Institutional Investors and Property Developers.

More properties from Rosslyn Property Ltd, East Kilbride

Notes

These notes are private, only you can see them.

Disclaimer - Property reference RP-10093-17. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rosslyn Property Ltd, East Kilbride. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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