Property Details

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PropertyDescription

LOCATION
Mitchell Street is located in Leith between Elbe Street and Constitution Street which is the main arterial route connecting Leith, Leith Walk with Edinburgh City Centre. The subjects are less than 2 miles from Princes Street.

Mitchell House is a multi-tenanted serviced office complex located in the trendy Shore area of Edinburgh. Mitchell Street provides a blend of commercial and residential accommodation. Other commercial occupiers locally include the Port of Leith Housing Association headquarters, Cowan & Partners CA, Solicitors offices, the Assembly Rooms and 30 plus cafés, bars and restaurants.

DESCRIPTION
Mitchell House is a five-story former traditional bonded warehouse which has been converted
In to a modern serviced office complex. The subjects available comprise the first-floor suite. The open-plan suite is available and can host approximately 20 workstations. There is 2 private offices/board rooms to the right hand side of the office and the WC and kitchen are to the left hand side near the entrance

Internally, the subjects are finished to an excellent standard with good natural light providing bright and spacious areas. The offices are equipped to accommodate the latest technology and support office services in innovative and contemporary styling. The offices are fully fitted with cat 5 cabling, superfast Broadband, quality office lighting, air conditioning, central heating and are fully DDA compliant and can be furnished. Ready to move in and do business.

The complex which has 24-hour access benefits from shared meeting rooms; break out areas; with shower, kitchen and storage facilities if required.

There is a bike store available and free on-street car parking facilities located in the vicinity of Mitchell Street.

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

146 SQ M (1,570 SQ FT)

RENT
A rent of £18,000 per annum negotiable on how many staff will be using the office. Zero rated no VAT applicable.

VAT
The property is zero rated and as such no VAT is applicable.

RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £6,750. 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.

UTILTIES
The property is connected to mains water, electricity and has its own dedicated 100/20 Mb broadband line

ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is E+.

A copy of the recommendation report is available on request.

VIEWING
By appointment through IME DJK Group Ltd on 0131 290 2350.

LEGAL COSTS
Each party shall bear their own legal costs in the preparation of the lease with the ingoing tenant liable for any Registration Dues or LBTT thereon.

ENTRY
Upon signing and completion of a lease agreement.

EPC rating: E.

PropertyOverview

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  • Price:PoA

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