£30,000 P.A.
LOCATION
Hopetoun Street is in the Brunswick area of Edinburgh and is bordered at either end of the street by McDonald Road and Annandale Street. It is only a short walk from Elm Row which connects directly to Leith Walk and Picardy Place and 1 mile from Princes Street/Waverley Station.
Its close proximity to the core city centre make this an attractive business location with plenty of amenities and commercial occupiers in the area including Lothian Buses plc, Kwik Fit and Co-operative Food.
In addition to the on street parking there are a number of bus routes available in the immediate vicinity, making this a highly accessible location for staff and visitors.
DESCRIPTION
The subjects comprise a self-contained office suite occupying the lower ground floor of a modern 4-storey and penthouse block of residential properties. The suite was constructed in 2008 and benefits from two secure car parking spaces.
The available accommodation comprises the following specification:
• Suspended ceiling with CAT2 lighting
• Large glazed boardroom and private meeting room
• Low level perimeter data trunking with cat 5e wiring
• Comfort cooling
• Self-contained shower and WC facilities
• Modern glazed frontage
• Kitchen area
• Direct access to two dedicated parking spaces (capable of taking 3 cars)
• Fully DDA compliant
ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate net internal area:
211.01 sq sm (2,271 sq ft)
RENT
Our client is seeking £30,000 per annum to grant a new lease on full repairing and insuring (FRI) terms.
Alternatively, our client will consider offers for their heritable title with offers over £350,000 invited.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects are entered into the valuation roll with a Rateable Value of £27,400. The uniform business rate for the current year is £0.484 pence in the pound.
Occupiers may be eligible for rates relief through the small business bonus scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
UTILITIES
The property is served by mains gas, electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is D+.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs in the preparation of the lease with the eventual purchaser or tenant liable for any Registration Dues or LBTT thereon.
ENTRY
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
Strictly by appointment through the sole agent, IME Property Ltd
If this property is of interest and you would like further details, or want to arrange a viewing, please contact our property agent on the following details.
£12,000 P.A.
Offers over£95,000
