Property Details

5A Knox Place
East Lothian
East Lothian
, Haddington

Offers over£135,000

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PropertyDescription

LOCATION

Haddington is one of East Lothian’s largest settlements with a resident population of approximately 12,000.  It is strategically placed approximately 18 miles east of Edinburgh which is easily accessible within 35 minutes via the A1.

The subjects are located at Knox Place adjacent to a car garage and close to the junction of Station Road on the fringe of the town centre.  The campus for Knox Academy is directly opposite whilst the town’s two principle retail thoroughfares, Market Street and Court Street where there is a diverse mix of shops, restaurants and cafes, is only a short distance away.

Free parking is readily available in the area whilst the nearest railway station is only 3 miles away at Drem. There are also several direct bus links to Edinburgh and surrounding towns in the county.

DESCRIPTION

The subjects comprise of a single storey property of traditional stone construction with two brick built extensions.  The roofs are pitched and slated and a metal respectively. The property sits on a crescent shaped piece of land and is bordered on either side by a residential block of flats and a car garage/workshop.

Internally the building, currently a food production factory, is divided into a number of rooms including a reception/sales area, production room and store. There is also a separate staff room with kitchen and WCs.

Parking for approximately 2/3 cars is available to the front on a graveled area which is secured by gates. We are advised, meanwhile, that the small plot of land which sits to the rear of the property is held under separate ownership.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate gross internal area:

Net Size: 110 SQ M  (1,184 SQ FT)

The site area is approximately 0.0325 hectares (0.08 acres)

SALE TERMS

Our client is seeking offers over £135,000 for the heritable interest in the subjects.

TOWN PLANNING

We understand the premises currently has planning consent for Class 4 (Business) Use. The plot may be suitable for development purposes subject to securing the necessary planning consents from East Lothian Council.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £3,650 effecitve from 1st April 2017.  The uniform business rate for the current year is 46.6 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.

UTILTIES

The property is served by mains gas, electricity (3-phase) 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 tenant liable for any Registration Dues or LBTT thereon.

ENTRY

Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION

By appointment through the sole selling agent, IME Property Ltd.

PropertyOverview

  • Property ID:P307
  • Postal Code: EH41 4DY
  • Status:For Sale
  • Type: commercial
  • Class:4 (Business)
  • Property Size:1,184 sq ft

PropertyFeatures

  • Excellent business premises
  • With private yard/parking
  • Development potential (STP)

ExtraInformation

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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.