DM Hall seeks tenants for office suites at Rex House, Bothwell Road, Hamilton following sharp reduction in rateable value
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Kirsty Johansson
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A mix of open plan office suites and cellular accommodation which can be configured as required in Rex House on 103 Bothwell Road, Hamilton is being marketed by DM Hall, one of Scotland’s largest independent firms of chartered surveyors.
The accommodation, which has been on the market since late 2016, has recently seen its rateable value reduced sharply from £135 per square metre to just £80 and Jacqueline King of DM Hall, who is overseeing the marketing process, believes this makes the accommodation available at Rex House significantly more attractive to tenants.
She said: “This property was previously rated at £135 per sq m and following a lengthy process DM Hall had this reduced to £80 per sq m, saving our client approx. £25,000 per annum. At the previous rate the property was hard to market and despite having numerous enquiries no one would commit to a lease.
“Now, however, Rex House, offers a commercially attractive opportunity for businesses to occupy modern offices in a prominent roadside position to the north of Hamilton, close to public transport, the M74 motorway and main road routes.”
Spaces available for office accommodation range from 93 to 743 sq. m. (1,000 to 8,000 sq ft.)
There is generous on site car parking in an attractive woodland surrounding. The office suites are offered on flexible lease terms as existing or refurbished with rent, rates and service charge information available on request.
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