The subjects occupy a prominent position on Henderson Drive. Accessed off Henderson Road, which has direct access to Longman Road forming part of the A82 trunk Road. The A9 and A96 roads are easily accessible.
The Longman Industrial Estate is the prime commercial estate in Inverness and is home to a large number of national traders as well as local and regional occupiers.
Neighbouring occupiers include Precision Engineering Services, Capstone, Jacks Self Drive, Northern Security Alarms and the Inverness Recycling Centre.
The subjects comprise two detached warehouse/workshop units with attached office areas – all set within a secure yard and dated access.
The main workshop is of blockwork construction (harled) under a pitched corrugated metal clad roof. There is a single storey lean-to storage area adjoining the workshop as well as a more modern single storey office building of a similar construction type. The other workshop has higher eaves and is blockwork construction under a pitched corrugated metal clad roof.
The site is a mix of mono block paving and concrete hard standing. There is mixed quality concrete and metal secure fencing and external security lighting. There is a wash bay also.
Rateable Value: The subjects are currently entered into the Valuation Roll - £38,250
Accommodation: 19 Henderson Drive – Warehouse Building set within a total site area of 0.17 acres or thereby 21 Henderson Drive - Warehouse, Office and Lean-to - set within a total site area of 0.26 acres or thereby The total combined site area extends to 0.43 acres or thereby.
Legal Desc: Each party bear own legal costs. The assignee will be responsible for LBTT, Registration Dues and any VAT thereon.
Terms: The subjects are held on 2 No. ground leases from The Highland Council. 19 Henderson Drive is held on a 99-year lease expiring 1 April 2089. The current rent is £3,800 per annum and is subject to rent review in April 2025. 21 Henderson Drive is held on a 60-year lease expiring 28 November 2038. The current rent passing is £6,050 per annum, subject to rent review in November 2028.
Planning: The subjects benefit from Use Class 5 (General Industrial) and Class 6 (Storage & Distribution).
VAT: VAT will apply to any transaction.
EPC: EPC Reports are available on request.
Viewing & Further Information: Please contact the retained agents: Rennie Property Consultants ¦ sandy@rennieproperty.co.uk ¦ 07766 357953
Price: Offers over £475,000, exclusive of VAT are invited from parties to acquire our clients ground leasehold interest.
Plans, Areas & Schedules: Workshop – 149.15 sq m Stores 1980 Extension – 69.43 sq m Stores 1984 Extension – 31.11 sq m Store – 9.61 sq m Office Block – 47.22 sq m Workshop (2001) – 166.16 sq m TOTAL – 472.67 sq m / 5,087 sq ft
Closing Date: 12 noon 06/12/24