12 / 12A Dubbs Road Port Glasgow Industrial Estate Port Glasgow Inverclyde PA14 5YR

12 / 12A Dubbs Road
Port Glasgow Industrial Estate
Port Glasgow
Inverclyde
PA14 5YR

Heritable Industrial Investment

Well located in established industrial estate
Two buildings totalling 8,212 sq m (88,389 sq ft)
Prominent roadside site
Nearby occupiers include Renfrewshire Electronics, Playtex Distribution, Promedics Orthopaedics
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
57
Auction
21st May 2015
Rent
£40,000 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Heritable Industrial Investment

Well located in established industrial estate
Two buildings totalling 8,212 sq m (88,389 sq ft)
Prominent roadside site
Nearby occupiers include Renfrewshire Electronics, Playtex Distribution, Promedics Orthopaedics
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 57
Auction 21st May 2015
Rent £40,000 per Annum Exclusive
Status Sold Post
Price
Sector
Industrial, Warehouse
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 20 miles west of Glasgow
Roads: A8, M8
Rail: Port Glasgow Station (ScotRail)
Air: Glasgow International Airport (12 miles east)

Situation

Port Glasgow is a town located some 20 miles west of Glasgow. The property is located within Port Glasgow Industrial Estate in a prominent roadside location on Dubbs Road, close to its junction with Gareloch Road. Nearby occupiers include Renfrewshire Electronics, Playtex Distribution, Promedics Orthopaedics.

Tenure

Heritable. Scottish Equivalent of English Freehold).

Location

Miles: 20 miles west of Glasgow
Roads: A8, M8
Rail: Port Glasgow Station (ScotRail)
Air: Glasgow International Airport (12 miles east)

Situation

Tenure

Heritable. Scottish Equivalent of English Freehold).

Description

The property comprises two extensive warehouse buildings fronting onto Dubbs Road. The property comprises Block 12, an industrial building of multi bay construction and two storey offices and Block 12A, a high bay warehouse with minimum 7 metre eaves.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
12	Industrial Offices Ancillary	4,116 sq m 653 sq m 1,376 sq m	(44,303 sq ft) (7,027 sq ft) (14,812 sq ft)	VACANT POSSESSION
12A	Warehouse	2,067 sq m	(22,247 sq ft)	AMG OUTDOOR LIMITED (1)	12 years from 06/10/2003 (2)	£40,000	05/10/2015
Totals		8,212 sq m	(88,389 sq ft)			£40,000

(1) AMG is the UK’s leading owner and distributor of an impressive portfolio of premier outdoor, footwear and snow sports brands. (Source: www.amg-group.co.uk 24/04/2015)
(2)The original lease was for a term of 10 years from 6th October 2003. A Variation to the Lease states that the lease will continue to
5th October 2014 and on a yearly basis thereafter providing a rolling mutual option to determine subject to no less than three months’ notice.