The subjects enjoy a strategic location 5 minutes drive from the A720 Edinburgh City Bypass. It is only a short distance to Loanhead which sits approximately 6 miles to the south of Edinburgh city centre close to the Midlothian towns of Roslin, Bonnyrigg and Dalkeith.
Surrounding occupiers are mainly industrial but there is also a strong commercial presence in the area with Straiton Retail Park, IKEA and Sainsbury's all nearby.
Unit 5/1 presents an excellent opportunity which would suit a variety of industrial uses, such as car mechanic or an engineering workshop. The unit is open plan in configuration with an attractive eaves height. The premises are entered through a sliding door which is also secured by two padlocks. The walls are brick and mortar built and the roof is sheeted with corrugated metal sheets and is generally in good order. Externally, there is an extensive secure yard with potential to hold 6 vehicles.
Workshop 83 m2 (893.4 sq ft)
Toilet 1 m2 (10.76 sq ft)
Total Gross 84 m2 (904.2sq ft)
According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £1,800. The uniform business rate for the current year is £0.471 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. Properties with a rateable value of £10,000 or less may be eligible for 100% rates relief.
The unit is available for lease on full repairing and insuring (FRI) terms at £8,000 per annum. There is no VAT applied to the rent.
The property has mains water and electricity.
ENERGY PERFORMANCE CERTIFICATE
The EPC rating is B.
A copy of the recommendation report can be provided upon request.
By agreement on completion of legal formalities.
Each party shall bear their own legal costs, but the ingoing tenant will be liable for any SDLT and registration dues on the lease.