Dunedin Street is located just off Beaverhall Road in the Powderhall area of Edinburgh close to Canonmills, approximately 3 miles north of Princes Street.
It is situated directly adjacent to a timber merchants whilst there is a large residential development ongoing immediately to the north of the site.
Directly opposite are residential tenements but there are a number of commercial occupiers in the surrounding area including a supermarket, car hire firm and numerous office buildings
The subjects comprise a large high bay workshop/garage with a separate office building and a secure private car parking/yard area.
The office building is of brick construction with access directly off Dunedin Street. It comprises a number of cellular offices and open plan areas with private meeting rooms and WC facilities leading off a central corridor. Whilst the building is predominately single storey there is a first floor attic level on one side of the building, which provides further office/storage space.
Sitting to the north of the office building is a high bay workshop/garage ideally suited for vehicle servicing/repairs or other such use. The eaves height is approximately 6 metres. Leading off the workshop is an area for storing parts with small offices and staff mess areas. There are stairs leading up to a mezzanine area which overlooks the main workshop. There is an electric roller shutter door approximately 5 metres wide which provides direct access to the workshop from the car park/yard area.
According to our recent measurement survey the premises contain the following approximate gross internal areas:
Office: 215 sq m (2,313 sq ft)
Workshop: 704 sq m (7,576 sq ft)
Total GIA: 919 sq m (9,889 sq ft)
The site, as indicated by the OS map, extends to approximately 0.4 acres.
Our client is seeking rental offers of £60,000 per annum exclusive to grant a new lease.
Alternatively, whilst it is our client's strong preference to lease, consideration may be given to heritable interests.
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £32,900 effective 1st April 2017. The uniform business rate for the current year is 46.6 pence in the pound.
Occupiers may be eligible for 100% 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.
The property is served by mains gas, electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating for the office is E+ and the workshop/garage is F+.
A copy of the recommendation report is available on request.
Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME Property Ltd. EPC rating: E.
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