LET

TypeWarehouse

ML5 New Build Unit, M8 Interlink Industrial Estate, Coatbridge

TenureFor rent

New Build Unit, M8 Interlink Industrial Estate, Coatbridge, ML51/2

Specification

Building size
Building size20,750sqft
Property type
Property typeWarehouse
Tenure
TenureFor rent

Description

TO LET - NEW BUILD HIGH QUALITY INDUSTRIAL ACCOMMODATION20,750 SQ FT (1,928 SQ M) READY FOR OCCUPATION SUMMER 2022 LocationThe M8 Interlink Estate provides an unrivalled industrial location fronting onto the A8 and adjacent to the Kirkshaws Interchange, providing a four way access to the main local areas.The junction also provides a direct route to the M74, via the A725 providing access to the south of Glasgow and England.The Estate is a short distance to the new M8 motorway at Junction 7A providing direct routes to Glasgow and Edinburgh.The Baillieston Interchange lies 2 miles to the west of M8 Interlink and is the main hub of the Scottish motorway network.Scotland's main motorways converge at this point, M8, M73 and M74 and will allow efficient distribution to Scotland as a whole.A number of national and local occupiers are located within M8 Interlink including Boots, Rentokil Initial, Oliver Ashworth, Eurocell and Plumbing Trade Supplies.DescriptionA new build high quality industrial unit of 20,750 sq ft ready for occupation in Summer 2022.The M8 Interlink Estate offers a wide range of unit sizes and different types of industrial accommodation.The estate as a whole provides a secure and pleasant working environment with all southern boundary units having the benefit of prominence to the A8 arterial route.A number of local amenities are located close to the Estate with public transport served by Kirkshaws Road being a main public bus route.This area has benefited from significant infrastructure investment in recent years and is now one of the best connected locations in Scotland.Rateable ValueThe property will be assigned a Rateable Value on the tenant taking occupation.The property is likely to qualify for the New Start rates relief scheme, which could entitle the tenant to 1 year of rates-free occupation.Key Features8 metre clear eaves height24 metre turning circle in concrete surfaced secure yard3 x loading doors41 car parking spacesTenureThe property is available at a rental of £176,500 per annum, exclusive of VAT which will be payable quarterly in advance.Legal CostsEach party to pay their own legal costs.Service ChargeA service charge apportionment will be payable by the tenant to contribute to the maintenance and repair of the common parts of the estate.

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