LOT 7 FORMER PERIMAX BUILDING, SIR WILLIAM SMITH ROAD, KIRKTON INDUSTRIAL ESTATE, ARBROATH DD11 3RD, Sold £296,000

Partly Constructed Factory/Warehouse Buildings with Offices – In total circa 2,539 sq.m. (27,337sq. ft) on a Site of 0.85 Ha. (2.1 Acres). Redevelopment Opportunity.

LOCATION

Arbroath is located some 15 miles north-east of Dundee and 48 south of Aberdeen. The town (population circa 25,000) has good rail and road links to the surrounding area, especially via the A92 coastal trunk road which provides a dual carriageway between Arbroath and Dundee. Kirkton Industrial Estate lies to the north-west of the town centre with direct access from Forfar Rd (A933). Other occupiers on the Estate include Mackays (the jam makers), R&R Spink & Sons, ATMRC, Reekie Steeltec, Pioneer Oil Tools and Esk Glazing.

DIRECTIONS

From the town centre, turn off the A92 onto Carnie Rd (A933) and head north-west. Carnie Rd becomes Forfar Rd, pass the town’s cemetery and turn right into the Estate, just past the JourneyCall Building. Take the second right turn into Sir William Smith Road (prior to the Pioneer Oils building) and follow the road until its junction with James Chalmers Road. The property is immediately on the right, opposite premises occupied by Vertex.

DESCRIPTION

The property occupies a prominent corner site with good frontages to both Sir William Smith Road and James Chalmers Road. Roughly a third of the site is occupied by the former Perimax building which was in the process of being reconfigured and repurposed as a seafood processing factory with associated facilities. Works included increasing the eaves height, new roofing, new cladding, the installation of purpose-built drainage systems and the modernisation of the offices. At present the main former factory/warehouse buildings comprise a concrete floor incorporating the new drainage system and a steel portal frame which has a part new and part original, pitched roof. The elevations of the buildings are only part clad (the rear elevation and circa 50% of the side elevations only). The cladding to the roof and elevations comprises profiled sheeting.

To the front of the main buildings is a single storey office of brick/blockwork construction under a flat roof. Internally the refurbishment/modernisation of the accommodation is largely complete but does require finishing. The building provides three offices, reception area, toilets for males, females and those with disabilities, a server room and storage. The accommodation has modern lighting, wall mounted trunking, electric heating and double-glazed windows.

The buildings stand within a rectangular site, which generally slopes down from James Chalmers Road and incorporates two vehicle access points on that frontage. There are areas of both tarmac and concrete hardstanding together with areas of open ground which will require to be surfaced. The site is partly bounded with concrete and metal pole fencing incorporating wire mesh, sections of Heras fencing. It is currently unfenced along the majority of its south-eastern boundary.

Whilst there is significant capital spending required to bring the buildings into beneficial use, the property provides significant steel structures, which could be further repurposed, along with useful areas of ground all within a good-sized site. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic or otherwise without prior permission of SVA Property Auctions Ltd.

SITE AREA

0.85 Ha. (2.1 Acres) approx.

FLOOR AREA

Office building: 135 sq.m. (1,456 sq.ft) gross, of which circa 65 sq.m. (700 sq.ft) comprises office space. Former factory/warehouse buildings: 2,404 sq.m. (25,881 sq.ft) approx.

PLANNING

Details of the most recent proposals for the property can be found in Planning Application 21/00924/FULL which were approved in March 2022. The property is covered by Policy TC14 “Employment Allocations and Existing Employment Area”, under the Angus Local Development Plan 2016 (currently under review). The plan suggests that planning consents for Classes 4, 5, and 6 would be typically granted. Interested parties should make their own enquiries to Planning Service, Angus Council, County Buildings, Market Street, Forfar, DD8 3LG. Email: planning@angus.gov.uk

RATEABLE VALUE

The property is currently entered in the Valuation Roll at “2 James Chalmers Road” with a Nil value. The property will require assessment on the completion of the buildings/redevelopment of the site.

EPC

Office Building. Band: Upon Request.

TENURE

Owner Vacant Possession.

VIEWING

By prior arrangement with the auctioneers, SVA Property Auctions Ltd. Tel: 0131 624 6640

SELLER’S SOLICITORS

Further information regarding Title Deeds, Articles of Roup, and any Special Conditions of Sale will be available, strictly by request, from the Seller’s Solicitors: CMS Cameron McKenna Nabarro Olswang LLP, Alan Hughes. Email: alan.hughes@cms-cmno.com Tel: 0141 304 6071.

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