Subjects to the South of Pollokshaw Road also known as 91 Devon Place Glasgow G41 1RD

Subjects to the South of Pollokshaw Road
also known as 91 Devon Place
Glasgow
G41 1RD

Heritable Industrial Investment and Development Opportunity

Approximately 0.58 Ha (1.43 Acres)
Let to an individual on a low rent by way of licence until March 2028
Future development potential (subject to consents)
Adjacent to M74
VAT-free property

Lot
18
Auction
13th February 2025
Rent
£14,500 per Annum
Status
Available
Guide*
£295,000
Auction Venue
Live Streamed Auction

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Heritable Industrial Investment and Development Opportunity

Approximately 0.58 Ha (1.43 Acres)
Let to an individual on a low rent by way of licence until March 2028
Future development potential (subject to consents)
Adjacent to M74
VAT-free property

Lot 18
Auction 13th February 2025
Rent £14,500 per Annum
Status Available
Guide* £295,000
Sector
Warehouse, Land, Development
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 2.5 miles south of Glasgow City Centre, 47 miles west of Edinburgh
Roads: A8, A74, M8, M77, M74
Rail: Glasgow Central Station, Glasgow Queens Street Station
Air: Glasgow International Airport

Situation

The property is located on the southern side of Pollokshaw Road, close its junction with the M74 and A71. The property is situated in a predominantly industrial area with the St Andrews Industrial Estate and Crown Street Retail Park nearby.

Tenure

Heritable. (Scottish Equivalent of English Freehold)

Location

Miles: 2.5 miles south of Glasgow City Centre, 47 miles west of Edinburgh
Roads: A8, A74, M8, M77, M74
Rail: Glasgow Central Station, Glasgow Queens Street Station
Air: Glasgow International Airport

Situation

Tenure

Heritable. (Scottish Equivalent of English Freehold)

Description

The property comprises a total site area of 0.58 Ha (1.43 acres). The main site of 0.49 Ha (1.22 acres) mainly provides a series of light industrial buildings and hardstanding land. The property may be suitable for development subject to obtaining the necessary consents.

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Site Area Approx Ha	Site Area Approx Acres	Tenant	Term (Licence)	Rent p.a.
0.58	(1.43)	INDIVIDUAL	Approx. 5 years from 01/06/2023 until 31/03/2028 on full repairing and insuring terms.	£14,500 (1)

(1) In addition to the annual rent, the tenant pays an annual management fee of 5% of the annual rent to the landlord. Therefore the property is effectively producing £15,225 pa. Please see the legal pack.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.