Cockenzie is a coastal town in East Lothian approximately 12 miles east of Edinburgh city centre. It is one of a cluster of coastal towns which sit on the stretch of coastline all benefiting from easy access to the A1 and Edinburgh City Bypass. Cockenzie is a popular commuter town.
The subjects are located in a purpose built industrial estate to the west of the town. The entrance to the industrial estate is opposite for the former Cockenzie Power Station site. There are several industrial units on the estate. Access to the estate is gained from the main Prestonpans to Cockenzie coastal road in an easterly direction before turning right, following the signs for Whin Park Industrial Estate. The unit is located in within the units to the right when entering the estate. Internally the unit has a concrete floor.
The subjects comprise the ground floor of terraced industrial unit located within an estate of similar styled properties. The property is a corner unit comprising a steel portal frame with metal clad elevations under a mono pitched metal profile roof with a concreter floor. There is an electric roller shutter door to 4-0m eaves height with a separate entrance door adjacent.
Externally there is a large communal hardstanding area leading in from the drive.
There is phase 3 power to the unit.
The present configuration is ideally set out for a number of uses. The previous tenant was a food distribution company. Other occupiers within the industrial estate include a car mechanic garage, a car repair business, a property maintenance company and a cleaning company.
The layout offers a large regular shaped area accessed directly by the roller shutter door. Located to one side there are two inter-connected offices along with a disabled toilet. The offices are single storey which have an area of storage above.
According to our recent measurement survey the premises contain the following approximate net
212.84 sq. m (2,290 sq. ft.)
Our client is seeking a rent of £10,800 per annum exclusive to grant a new lease. This equates to £900 per month inclusive of the service charge and buildings insurance premium.
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 £10,600 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 electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate will be provided for 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.
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