DOVE WYND STRATHCLYDE BUSINESS PARK ML4 3AL - MERCURY HOUSE FOR SALE - Cushman ...
Page content transcription
If your browser does not render page correctly, please read the page content below
MERCURY HOUSE FOR SALE 1 DOVE WYND QUALITY BUSINESS PARK STRATHCLYDE BUSINESS INVESTMENT OPPORTUNITY PARK ML4 3AL ATTRACTIVE OFFICE PAVILION IN AN EXCELLENT CENTRAL SCOTLAND LOCATION
MERCURY HOUSE 1 DOVE WYND STRATHCLYDE BUSINESS PARK ML4 3AL MERCURY HOUSE EXECUTIVE SUMMARY MERCURY HOUSE • Prominent office pavilion at the entrance of Strathclyde Business Park STRATHCLYDE BUSINESS PARK • Excellent location with easy access to the Strathclyde Business Park provides On site amenity provision is excellent, Central Scotland motorway network, well over 1.4 million sq ft of business and with a DoubleTree by Hilton hotel, connected to Glasgow, Edinburgh and beyond amenity space within a high quality several restaurants including The landscaped parkland setting of Avondale Bar & Grill, sandwich bars • Highly successful business park with excellent approximately 155 acres. The park has such as Food 2 Go and Café Gusto, grown steadily over the past 20 years Papillon Nursery, a convenience store, amenity provision and a number of high profile since development first began in the Living Well Fitness Centre and banking occupiers early 1990s, and is now one of Central facilities; making the park an attractive Scotland’s largest and most successful option for occupiers. The park has an • The entire building of 64,146 sq ft and 350 business parks. Strathclyde Business active park-wide car share scheme. Park is home to over 240 businesses parking spaces let to Virgin Media Limited on and around 6,300 staff, with major Mercury House is located on Dove FRI terms until 31 January 2020 occupiers including Scottish Power, Wynd occupying a prominent site at NG Bailey, Scottish Enterprise and the entrance of Strathclyde Business • Passing rent of £872,000 per annum equating Wood Group. Park. Mercury House provides the park a landmark to traffic travelling along to £13.59 per sq ft Strathclyde Business Park benefits the A725. • Offers are invited for our client’s heritable from site wide CCTV coupled with 24 hour security patrol providing interest complete peace of mind.
Mercury House is well located MERCURY HOUSE within the west of Scotland’s premier out of town office 1 DOVE WYND destination, Strathclyde STRATHCLYDE BUSINESS Business Park. Strathclyde Business Park lies approximately PARK ML4 3AL 12 miles to the east of Glasgow, Scotland’s largest city with a population of circa 608,500 people and a wider catchment of 2.3 million, equivalent to around 40% of Scotland’s total population. M8 / GLASGOW (12 MILES) BAILIEISTON M8 INTERCHANGE A89 A8 8 A752 BARGEDDIE JUNCTION SHAWHEAD linking to the M80 running north. The M73 M8 A8 INTERCHANGE MERCURY HOUSE Raith Interchange junction is 2.5 miles to D the south of the park, connecting to the EAD ROA LOCATION 7 M74 running south. There is a recently AITKENH completed £500 million motorway improvement project that has upgraded M8 / EDINBURGH 4 (38 MILES) the A8/M8, M73 and M74 road network, NORTH ROAD OLD E which includes major improvements DINB A725 to the Raith Interchange and a new URGH ROAD motorway junction at Shawhead to the A721 NEW EDIN Strathclyde Business Park is in North realigned M8. BURGH RO Lanarkshire, around 2 miles north west of AD Bellshill and in close proximity to other The park benefits from three dedicated M74 towns such as Motherwell, Hamilton, bus stops on Phoenix Crescent, which Coatbridge and Airdrie. circles the park. The 299 service links the park to Bellshill and Hamilton, with UDD OAD INGS Strathclyde Business Park is extremely the timetable dovetailed to the train LL R TON well connected, with easy access to the services at Bellshill train station (2 miles), SHI L ROA BEL Central Scotland motorway network. providing a link to national rail services. RAITH D 5 The park is located just west of the A725 Glasgow and Edinburgh Airports are INTERCHANGE and south of the Shawhead Interchange, both within a 30 minute drive time of which links directly to the A8/M8 running Strathclyde Business Park. from east to west, and on to the M73
MERCURY HOUSE MERCURY HOUSE 1 DOVE WYND DRIVE TIMES M8 3 mins Motherwell 12 mins STRATHCLYDE BUSINESS Glasgow City Centre 18 mins East Kilbride 20 mins Glasgow Airport 25 mins PARK ML4 3AL Edinburgh 30 mins GLASGOW CITY CENTRE M8 EDINBURGH MORRISONS DISTRIBUTION WILLIAM GRANT & SONS DISTILLERS SCOTTISH ENTERPRISE CITIBASE HFD GROUP SCOTTISH POWER TARMAC PPD LIVINGWELL HEALTH CLUB DOUBLETREE BY HILTON NG BAILEY WOOD GROUP PHOENIX CRESCENT M8 (JUNCTION 7) BELLSHILL BYPASS A725 M74 (JUNCTION 5)
MERCURY HOUSE The building was developed with 350 car spaces within a car park area that has been finished in brick pavier. This provides a car parking ratio of MERCURY HOUSE 1:183, significantly better than the typical ratio for business parks in the DESCRIPTION west of Scotland that tends to be between 1:300 and 1:500. The remainder of the site is finished in soft landscaping in keeping with the landscaping of the wider business park. ACCOMMODATION From the building’s reception there are two 13 persons passenger lifts serving all floors. There is a main staircase leading from reception to first The building has the following net internal area. and second floors. There are three additional stair cores within the building and toilet facilities on each floor. AREA NIA 1 Dove Wynd occupies one of DEMISE (USE) the first developed sites on this The general specification of the building includes: SQ M SQ FT well established business park. • 150mm raised access floors Ground Reception 114.36 1,231 The building was completed • Suspended ceilings in 1993 and provides open Ground Offices 899.20 9,679 • Air conditioned offices plan office accommodation • 2.7 metres clear floor to ceiling height Ground Former Warehouse 674.01 7,255 over ground, first and second • Male, female and disabled toilet facilities floors. The building is of First Offices 2,171.03 23,369 steel frame construction with The building was originally designed with an element of workshop and storage space at ground floor along with the building’s plant room. The Second Offices 2,100.71 22,612 brick elevations beneath a workshop area has been fitted out by the tenant as additional office space. roof arranged in two pitched TOTAL 5,959.31 64,146 sections that have been clad in In the event of a mains electrical supply failure there is a diesel generator tile around a central lightwell. housed in a separate outbuilding to the rear of Mercury House. The site has an approximate area of 2.05 hectares (5.065 acres).
The entire subjects were originally let to Mercury MERCURY HOUSE Communication Limited, now Vodafone Enterprise MERCURY HOUSE UK on a FRI lease from 5 August 1993 to 4 August TENANCY TENURE 2018. Mercury House is sub-let to Virgin Media Limited on terms effectively equivalent to the head lease. Virgin Media Limited have agreed an extension of their occupation until 31 January 2020 on the terms of the original lease including the rent remaining at the passing level of £872,000 per annum equating to £13.59 per sq ft. Heritable interest (Scottish equivalent of English Freehold). MERCURY HOUSE COVENANT INFORMATION Virgin Media is the leading cable operator in the UK and Ireland, delivering 14.4 million broadband, video and fixed-line telephony services to 5.9 million cable customers and mobile voice and data services to 3.1 million subscribers at December 31, 2017. Virgin Media Ltd has a Dun & Bradstreet rating of 5A1 with a sales turnover of £546,394,000 for the year ended 31 December 2016 and a pre-tax profit of £851,371,000.
MERCURY HOUSE MERCURY HOUSE EPC PRICING The building has an Energy Offers are invited for our client’s Performance Certificate Rating of D. heritable interest. MERCURY HOUSE VAT The property is elected for VAT purposes and it is anticipated that the investment will be treated as a TOGC.
MERCURY HOUSE FOR SALE 1 DOVE WYND QUALITY BUSINESS PARK INVESTMENT OPPORTUNITY STRATHCLYDE BUSINESS PARK ML4 3AL ATTRACTIVE OFFICE PAVILION IN AN EXCELLENT CENTRAL SCOTLAND LOCATION MERCURY HOUSE FURTHER INFORMATION For further information or to arrange a viewing, please contact: Carolyn McEwan Stuart Spalding email@example.com firstname.lastname@example.org 0141 304 3258 0141 304 3243 Cushman & Wakefield LLP on their own behalf and for vendors or lessors of this property, whose agents they are, gives notice that: 1/ The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. 2/ No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. 3/ The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. 4/ Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. 5/ Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. Publication date: September 2018.
You can also read
NEXT SLIDES ... Cancel