Forres is a prosperous town, approximately 25 miles east of Inverness and 12 miles west of Elgin, located on the A96 trunk road and the rail line between Inverness and Aberdeen. Inverness Airport is approximately 20 miles west of Forres. The local economy is diverse, with key sectors including manufacturing and engineering, agriculture and food production, the whisky industry, tourism – supported by major military bases at RAF Lossiemouth and Kinloss Barracks.
The property is located on the Enterprise Park, on the eastern outskirts of Forres, which is accessed directly from the A96 Inverness to Aberdeen trunk road. It is a high quality business park which has attracted occupiers from the manufacturing, marine, space and data centre sectors.
Occupiers include Atos, Orbex, Gael Force Marine, Highlands and Islands Enterprise, Phoenix Instinct and Life and Soul. A business and innovation centre, gym and cafe complement the facilities on the Park. The new Manufacturing Innovation Centre Moray is located on the Park, a £5.6M development to stimulate innovation and growth in product and process development.
Unit 10 is a detached , high quality, single storey office/light industrial building with 25 private car spaces. It is finished externally with a combination of render and horizontal larch cladding, aluminium clad double glazing and two insulated flat mono-pitch roofs with sedum finish. Internally, the building provides reception, boardroom and staff/shower facilities, together with a large open plan office/light industrial area, which has the benefit of a roller shutter door for access.
Services: The building is connected to mains electricity, gas and water supplies with drainage being to the public sewer.
Rateable Value: The Rateable Value effective from 1 April 2023 is £44,000. Any ingoing occupier will have the right to appeal the Rateable Value and may also be entitled to certain relief from rates under the various schemes currently available. Interested parties should contact the relevant Local Authority and further information can be found at www.saa.gov.uk
Accommodation: The subjects have been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) and the following Net Internal Areas derived: Ground Floor 480 sq.m 5,165 sq.ft
Date of Entry: On conclusion of legal missives.
Legal Desc: Each party will bear their own legal costs incurred in the transaction.
Terms: The premises will be available for lease on full repairing and insuring terms for a minimum period of three years. Any lease period in excess of five years will be subject to five yearly rent reviews. The permitted use is for business use falling within Use Class 4 of the Town and Country Planning (Use Classes) (Scotland) Order 1997. Any tenant will require to satisfy themselves that the proposed use falls within the permitted use class.
Rent: £50,000 per annum
VAT: VAT will be payable at the standard rate on all monies due.
EPC: C
Costs: Each party will bear their own legal costs incurred in the transaction. The occupier will be responsible for any LBTT and Registration dues.
Viewing & Further Information: Please contact the joint agents to discuss your interest further or to arrange a viewing. All offers should be submitted in writing to the joint agents: Jonathan Nesbitt (t: 07771 923 401 e: jonathan.nesbitt@fgburnett.co.uk) and Sandy Rennie (t: 07766 357 953 e: sandy@rennieproperty.co.uk)
Viewing & Further Information: To satisfy HMRC and RICS guidance, FG Burnett and Rennie Property Consultants are required to undertake AML diligence on purchaser/tenant. Accordingly, a successful bidder will be required to provide financial information and personal identification and FG Burnett and Rennie Property Consultants will undertake the necessary ‘Know Your Client’ identity checks to satisfy AML requirements when Heads of Terms are agreed.
Closing Date: A closing date will be set for receipt of formal offers. HIE’s decision making will normally be based upon the highest offer received but HIE is under no obligation to accept the highest, or indeed, any offer.
1 Burnett Road, Longman Industrial Estate, Inverness
1.225 Acres or thereby
formerly
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