- Seller ref: 94641
- Listing ID: 190641
Industrial Property For Sale Wood Street, Grangemouth, Falkirk, FK3 8LH
- For Sale
- B1, B2
- Sale Type:
- For Sale
- Rental Income:
- Property Type:
- Development Opportunity:
- Investment Opportunity:
- Energy Rating:
Usages: Industrial & Logistics
* Total income of GBP60,915 per annum exclusive
* Total site area of 4.12 acres
Industrial investment for sale including land with development potential.
Unit C - 8,548 sq ft (794 sq m)- Semi-detached warehouse with 4.8m eaves and private yard/parking of 0.51 acres
Unit D - 3,022 sq ft (281 sq m) - Stand-alone warehouse with 4.8m eaves and private yard of 0.27 acres
Surplus Land - 2.77 acres (1.12 ha) - 2 x telemasts located on north and north western boundaries
The site is located in the Grangemouth Urban area as identified in the Falkirk Local Development Plan adopted 2015. The site has no significant planning history. Land to the south west has previously been granted planning permission for residential development. Any planning application for development of the site will be notified to the Health and Safety Executive due to its proximity to Grangemouth Oil Refinery but it is not considered this would be prohibitive for consideration of alternative uses.
According to Scottish Assessors the Rateable Values of the units are as follows:
Unit C - GBP25,000
Unit D - GBP14,400
Unit C - C+
Unit D - F+
There is no service charge regime in place, albeit, there is provision in the leases to recover costs in relation to the common access road.
We understand the property is VAT elected and therefore VAT will be payable on the purchase price. We anticipate the transaction can be treated as a Transfer of a Going Concern (TOGC).
The site is located in an established industrial area in Grangemouth approximately 22 miles west of Edinburgh and 30 miles east of Glasgow. The site and buildings are in close proximity to Earls Gate Road leading directly into Grangemouth, with easy access to the M9 in both directions. Local access is via Newlands Road. Surrounding occupiers include Whyte and Mackay, Carronvale and Timber Components.
The pricing is unfortunately not available for this property online. Please submit your details using the form below and the agent will contact you to discuss this further.