State of the art Central Production Kitchen & Chilled Distribution & Packing Facility, Glasgow

***PRICE REDUCED FOR QUICK SALE***

LOCATION

The subjects occupy an excellent trading position within Anniesland Business Park, which is positioned 3 miles north-west of Glasgow City Centre.

Positioned close to Anniesland Cross, the subjects benefit from good transport links with nearby arterial roads including Great Western Road, Switchback Road, Crow Road leading to the Clyde Tunnel and M8 motorways, providing easy access throughout Glasgow and beyond.

Anniesland Business Park is home to a good mix or retail warehouses, showrooms and industrial operators. Surrounding occupiers include Screwfix, Toolstation, CEF, Howdens and Plumb Centre.

The estate benefits from 24-hour manned security, CCTV and is fully secured with a large perimeter fence incorporating a secure gated entrance.

THE PROPERTY

The subjects comprise single storey industrial style units of steel portal frame construction under pitched roofs.

DESCRIPTION

The subjects comprise the following 2 units, both of which benefit from electric roller shutter doors, alarm and CCTV systems:

Unit 5a

This unit is effectively a giant fridge and provides storage space as well as state of the art packing facilities with conveyor belt systems and 2 packing machines. The packing equipment alone cost £80,000. There is also a large walk-in freezer incorporated within the unit.

Ancillary areas include staff toilets, office, staff kitchen, changing room/lockers and a hand wash area.

Unit 6

This unit is home to a large and exceptionally well-equipped central production kitchen with a range of high-end catering equipment including 2 x Rational ovens, 3 x Rational Vario cookers, 3 x Foster blast chills as well as a range of further equipment. There are a number of stainless-steel work benches and cooking stations, as well as a separate dishwash area with large commercial Hobart dishwasher.

The unit also benefits from 3 x walk-in fridges and a walk-in freezer. There is also a service lift to the front of the premises leading to the mezzanine storage area.

Ancillary areas include male and female toilets on both floors, and the mezzanine level also provides a large storeroom, office, changing rooms and locker area, a large staff room/kitchen, and other ancillary storage areas.

SIZE
We understand that the units have the following approximate gross internal areas:

Unit 5a : 292 SqM (3,140 SqFt)
Unit 6: Ground 309 SqM (3,328 SqFt)
Mezzanine 193 SqM (2,073 SqFt)
Total : 793 SqM (8,540 SqFt)

FIXTURES AND FITTINGS
We have been advised that all trade fixtures and fittings are owned outright and are free from any hire purchase or lease agreements.

BUSINESS RATES
The subjects are entered into the current valuation roll as having the following rateable values:
Unit 5a: RV £23,250
Unit 6: RV £16,300

TENURE
The main lease terms for each unit are as follows:
Unit 5a: 10-year lease from 12th August 2020 with a current passing rental of £18,252 subject to yearly reviews. There is a tenant break option at 12th August 2025.
Unit 6: 10-year lease from 19th June 2020 with a current passing rental of £18,000 per annum which will increase to £20,000 per annum in June 2025 for the remainder of the lease term.