FOR SALE/TO LET

MODERN HIGH QUALITY INDUSTRIAL/DISTRIBUTION WAREHOUSE

22-28 Napier Place Wardpark Industrial Estate CONTACT US , G68 0LL

ò Strictly by prior appointment SECURE YARD with Colliers International, through: ò GOOD QUALITY OFFICES Iain Davidson ò Logistics & Industrial IMMEDIATE ACCESS TO A80 +44 141 226 1056 ò CLOSE PROXIMITY TO M8/M73/M74 [email protected]

ò RARE OPPORTUNITY TO PURCHASE Property Ref: 19311

Colliers International 30,077 sq ft (2,794 sq m) 9 George Square 0.78 hectares (1.92 acres) G2 1DY +44 141 226 1000

www.colliers.com/uk/industrial

22-28 Napier Place, Cumbernauld, GLASGOW, G68 0LL

LOCATION DESCRIPTION Cumbernauld is one of 's most successful business The Property comprises a modern detached locations, lying approximately 11 miles north east of Glasgow industrial/distribution unit of steel portal frame construction and 14 miles south west of . benefiting from the following salient features.

The town benefits from excellent road communications with Warehouse direct access onto the A80 trunk road (currently being ° 4.8m Eaves upgraded to motorway status – completion by 2011) which ° Heating & Lighting to warehouse links to the M73, M8 and M74 motorways. ° 2 no. ground level vehicular doors ° Painted concrete floor The subjects are situated in Napier Place within Wardpark ° Concrete panel and blockwork walls Industrial Estate, the most established and successful ° 10% Translucent Roof Lights industrial location within Cumbernauld, approximately 2 miles ° Warehouse Office north of the town centre and benefitting from immediate ° Mezzanine access to the A80. Offices There are 2 rail lines serving the town, as well as excellent bus ° 2 Storey services connecting to Glasgow, and beyond. Both ° Entrance Foyer, General Offices, Tea Prep Area and Glasgow and Edinburgh International airports are within 30 Canteen minutes drive of Cumbernauld. ° Male, Female and Disabled WCs ° Carpet floor coverings Major local occupiers providing testament to the location ° Suspended Tiled Ceilings include OKI, Scottish Power, GIST/M&S, Cummins and ° Recessed fluorescent lighting Balfour Beatty. The Westway Retail Park is also located on the ° Ceiling mounted air conditioning cassettes periphery of the estate. ° Gas fired radiators ° Perimeter trunking ° Double glazed aluminium frame windows

Externally, the property lies within a pleasant landscaped environment with car parking for up to 40 cars.

22-28 Napier Place, Cumbernauld, GLASGOW, G68 0LL

The subjects also benefit from a tarmac and concrete surfaced RATEABLE VALUE secure yard of approximately 0.29 acres (0.12 ha). The property is entered into the current Valuation Roll at NAV/RV £89,000.

The Subjects The Rate Poundage is 41.4p in the Pound therefore we estimate Rates payable for 2010/11 to be approximately £36,846. Interested parties are however advised to make their own enquiries to Lanarkshire Assessors Dept.

TERMS Our clients are seeking offers in excess of £900,000 for their heritable (Scottish equivalent of English Freehold) interest in the subjects.

Alternatively they will consider leasing the property on Full Repairing and Insuring terms for a duration to be agreed at a rental of £90,000 p.a.

LEGAL COSTS Each party will be responsible for bearing their own legal costs and in the normal manner, the ingoing tenant will be responsible for any Stamp Duty, Land Tax and Registration FLOOR AREAS Fees. The Property has the following approximate Gross Internal Floor Areas: ENTRY Upon conclusion of legal missives. Ground Floor 25,439 sq ft 2,363 sq m First Floor offices 3,700 sq ft 344 sq m VAT Warehouse Office 323 sq ft 30 sq m For the avoidance of doubt, all prices, premiums and rents are Mezzanine 615 sq ft 57 sq m quoted exclusive of VAT which will be payable at the prevailing Total 30,077 sq ft 2,794 sq m rate.

SITE AREA The subjects lie on a site of 1.92 acres (0.78 ha) or thereby.

Misrepresentation Act Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, or lessees or Third Party should not rely on them as statements or repre sentations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 09/07/2010

Colliers International is the licensed trading name of Colliers International UK plc. Company registered in England & Wales no. 4195561. Registered office: 9 Marylebone Lane, London W1U 1HL.