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Condorrat Rd 40,054 SF Industrial Building Glenmavis ML6 0PP $4,649,781 CAD ($116.09 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Large land site
  • Great transport links
  • Roller door and reception area for access

EXECUTIVE SUMMARY

The subjects which are occupied by Moseley Distributors are situated 0.5 mile to the north of the small settlement of Glenmavis, North Lanarkshire. Glenmavis is located approximately 13 miles to the east of Glasgow. It is circa 3.5 miles north of Airdrie via the A73. The property fronts onto the B802 (Condorrat Road) which links Airdrie to Cumbernauld. The premises comprise two relatively modern warehouses developed around a central surfaced yard. The large warehouse was constructed in circa 1995 and the small warehouse in circa 2002. The property also benefits from additional expansion yard to the front. The property is currently used for the repairing and maintaining of buses and commercial vehicles. Small Warehouse - 12,863 sq ft This is a brick built, modern facility with MPC cladding. Internally, it has concrete floor and is supported by a steel portal frame with blockwork to 7ft and modern profile cladding above. The roof is MPC and includes 15% translucent light panels. Services include gas ambirad roof mounted heaters and sodium lamps. Vehicular access is via two electronically operated steel roller shutter doors. There is a single storey office to the front, including a WC, which has a vinyl and carpet covered concrete floor, double glazing, and painted and plastered walls. The ceilings are of a suspended tiled nature and services include recessed fluorescent lights and hot water radiators served by a gas boiler. A small generator housed to the side, which is of brick construction, has nominal value. The useable eaves height is 6.4m (21ft). Main Warehouse - 27,191 sq ft This property was constructed in circa 1995 and is of a similar specification to the smaller warehouse. Internally, it has a concrete floor and is supported by a steel portal frame with blockwork to 7ft. It has modern profile cladding to the walls and roof, with the roof incorporating translucent roof panels. Services within the main warehouse include sodium lamps and roof mounted gas ambirad radiators. This section includes rolling roads, canteen and spray shops to augment the workshop process. There are also small first floor offices within the workshop In addition, there are main first floor offices, together with a mezzanine which have a carpet covered concrete floor, painted and plastered walls and ceilings, and services include hot water radiators, double glazing, and fluorescent lights. The premises have been finished to a good specification and are centred around a central surfaced yard. There is also additional expansion land to the side of the property. The site totals 6.9 acres.

PROPERTY FACTS Sale Pending

Price $4,649,781 CAD
Price Per SF $116.09 CAD
Sale Type Investment or Owner User
Tenure Freehold
Property Type Industrial
Property Subtype Manufacturing
Lot Size 6.90 AC
Rentable Building Area 40,054 SF
No. Stories 1
Year Built 1995
Tenancy Single
Parking Ratio 0.7/1,000 SF
No. Drive In / Grade-Level Doors 11

AMENITIES

  • 24 Hour Access

UTILITIES

  • Lighting
  • Water - City
  • Sewer - City
  • Listing ID: 29104276

  • Date on Market: 2023-07-26

  • Last Updated:

  • Address: Condorrat Rd, Glenmavis ML6 0PP

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