Commercial Property
A substantial detached office building of approx. 24,000 Sq Ft over ground and first floors with car parking providing 74 parking spaces. The property is currently part let (10,492 Sq Ft) with a current passing rent of £55,000 per annum, rising to £60,500 per annum. The building features glazed atrium reception entrance and a range of open plan and private offices to the ground floor with amenity space, break out areas and W.C facilities. The building has staircase and lift access to the first floor which again provides a mix of open plan and partitioned offices with large attractive break out area and amenity area as well as multiple W.C's. The offices have been refurbished to a high standard and benefit from air conditioning, suspended ceiling with LED lighting. Outside there are good size landscaped communal grounds.
Lease Information;
11,092 Sq Ft - Let to S3-ID with a current of £55,000 per annum - Subject to a Lease until 31 December 2031 with a rent increase from 1 January 2029 rising to £60,500.
13,097 Sq Ft - Vacant Possession.
Glazed reception aitrium, a variety of open plan and partitioned office space, W.C's / accssable W.C's, staff rooms / Kitchens
A variety of open plan and partitioned office space, W.C's / accssable W.C's, staff rooms / Kitchens
The property has a large carpark proving parking for 74 vehicles as well as having communal landscaped grounds
Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 2.4% of the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
