Culcraggie House, 4 Dailnanrocas Teaninich Industrial Estate Alness Highland IV17 0PH

Culcraggie House, 4 Dailnanrocas
Teaninich Industrial Estate
Alness
Highland
IV17 0PH

Heritable (Scottish equivalent of English Freehold) Call Centre/Office Investment

Entirely let to British Telecommunications plc until 2020 (subject to option
Approximate site area of 0.3 hectares (0.73 acres)
On-site car parking
Located in the established Teaninich Industrial Estate with nearby occupiers including Manpower UK, Careline Services Ltd and Grants of Dalvey Ltd
Six week completion available

Lot
22
Auction
9th December 2010
Rent
£69,750 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Heritable (Scottish equivalent of English Freehold) Call Centre/Office Investment

Entirely let to British Telecommunications plc until 2020 (subject to option
Approximate site area of 0.3 hectares (0.73 acres)
On-site car parking
Located in the established Teaninich Industrial Estate with nearby occupiers including Manpower UK, Careline Services Ltd and Grants of Dalvey Ltd
Six week completion available

Lot 22
Auction 9th December 2010
Rent £69,750 per Annum Exclusive
Status Sold Post
Price
Sector
Office
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

1 mile south-west of Alness High Street; 21 miles north of Inverness
Roads: A9
Rail: Alness Railway Station
Air: Inverness Airport

Situation

The property is prominently situated in the established Teaninich Industrial Estate. Dail Nan Rocas, located in the estate, was developed predominantly for office/call centre users and is located on the western boundary of Alness. Alness Railway Station lies some 1.3 miles north-east of the property providing direct access to Inverness (41 minutes). Nearby occupiers include Manpower UK, Careline Services Ltd and Grants of Dalvey Ltd.

Tenure

Heritable.

Location

1 mile south-west of Alness High Street; 21 miles north of Inverness
Roads: A9
Rail: Alness Railway Station
Air: Inverness Airport

Situation

Tenure

Heritable.

Description

The property comprises a modern single storey purpose built CALL CENTRE benefiting from ON-SITE CAR PARKING and a site area of approximately 0.30 hectares (0.73 acres).

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises a modern single storey purpose built CALL CENTRE benefiting from ON-SITE CAR PARKING and a site area of approximately 0.30 hectares (0.73 acres).

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground	Call Centre/Offices	767 sq m	(8,256 sq ft)	BRITISH TELECOMMUNICATIONS PLC (1)	13 years and 4 months from 01/12/2006 until 31/03/2020 on a full repairing and insuring lease (2)	£69,750	01/04/2015 and 5 yearly thereafter
Totals		767 sq m	(8,256 sq ft)			£69,750

(1) For the year ending 31st March 2010, British Telecommunications Public Limited Company reported a turnover of £20,859,000,000, pre-tax profits of £1,303,000,000 and a total net worth of £12,129,000,000. (Source: www.riskdisk.com 05/11/2010)(2) Please note that the lease provides for a tenant’s option to determine the lease with effect from 31st March 2015 subject to six months’ written notice.