The subject location in Lanark Road near the junction with Baberton Avenue opposite Iceland frozen foods store. Lanark Road forms part of the A70, Edinburgh to Lanark road, which leads to Currie, Balerno and the Pentland hills. The premise is located in a prime residential area where there are a range of local businesses and amenities to service the local residents. There is excellent public transport links serving the city centre with a bus stop located meters from the premises.
The offices are directly behind Juniper flowers.
The subjects comprise two separate offices that lie in a private courtyard behind local shops in a mixed residential and commercial area. Office (a) occupies the ground floor of a two storey terraced stone-built property under a pitched and tiled roof. There are windows at the front of the property and one in the rear office giving plenty of natural daylight with a centrally located entrance door and a back door which looks out over the Water of Leith.
Internally, the unit is well fitted to a high specification. The ground floor is a regular shaped layout with two private offices at the front and a large shared office to the rear along with a tea preparation area, shower and a WC compartment.
Office (b) is well fitted and is well laid to suit office users. This offers an outstanding opportunity to further develop a business in a great location. Accessed via its own private entrance and a timber stair, the layout consists of a long central corridor with tea prep/kitchen at the stair/entrance side and WC to the far end. There is two 3-4 person offices to the right hand side (rear facing) and two private offices to the left hand side (front facing)
Other neighbouring retailers are Porteous Funeral Directors, a Barbers shop, a Bookmakers and the Railway Inn.
According to our recent measurement survey the premises contain the following approximate net internal area:
Ground Floor office (A) 46 sq m (495 sq ft)
First Floor office (B) 49 sq m (527 sq ft)
Our clients are seeking a rent of offers around £9,000 per annum for Office (A)
And offers around £10,500 per annum for Office (B)
Our clients are looking for a minimum 5 year FRI (full repairing and insuring lease)
According to the Scottish Assessor’s website (www.saa.gov.uk) the properties have a Rateable Value of £4,500 Office (A) and £4,850 Office (B). The uniform business rate for the current year is £0.466 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.
The properties are served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
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.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole selling agent, IME Property Ltd.