Commercial · For sale
Glenearn Works, Perth – VAT-Free Industrial Investment with Alternative Use Potential
Glenearn Road, Perth, Perth and Kinross, PH2 0NJ
£2,300,000
- Acreage
- 2.8 acres
- Floor area
- 4127 sq m
- Tenure
- Not specified
- Added
- 18 Oct 2026
About this property
New 10-year lease with parent company guarantee.
Key points: - Long-established engineering premises on a 2.8 acre site. - 44,418 sq ft of warehouse, factory and offices - low site coverage of 36%. - New 10-year lease to Edwards Engineering (Perth) Limited, guaranteed by parent Cartalex Limited. - Rent of £220,000 per annum (£4.95 per sq ft), upwards-only open market review in year 5. - Tenant in continuous occupation for 57 years. - Established commercial location favoured by MKM, Jewson, BT plc and Agrii. - Scope for sub-division and longer-term alternative use or redevelopment, subject to vacant possession and consents. - Large secure yard. - Steel-framed buildings. - High eaves (8 m).
Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.
Features
- Accommodation: 44.4k sq ft
- Site Area: 2.8 acres
- Rent: £220k pa