The subject premises comprise a modern detached open plan warehouse with substantial car park and secure yard.
The premises internally are of steel portal frame construction under a pitched roof, with insulated profile sheeting and integrated translucent roof panels. Internally the premises are arranged to provide an open plan warehouse with a concrete floor with a maximum eaves height of 8.5m. Furthermore, the premises benefit from 2 x large glazed pedestrian and 3 x commercial access doors.
Location
Edinburgh is Scotland’s capital city and is situated on the east coast of the country with a population of approximately 500,000 with a greater catchment of c.1.2M. The subject premises are located approximately 3 miles to the east of the city centre on the south side of the A199, Seafield Road East, which forms a major thoroughfare linking Edinburgh via the A1 and city bypass to the south and east of the Lothian’s.
The surrounding area is a well-established business location with a mixture of alternate commercial uses from car showroom, retail, trade counter and warehouse and distribution. Neighbouring occupiers within the immediate vicinity include Peter Vardy (BMW & Mini), Graham Builders Merchants, Screwfix, Toolstation, McDonalds and Jewson.
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) and estimate the Gross Internal Area of the premises to be approximately 31,123 sq ft (2,891 sq m) lying on a secure site are of c.2.45 acres, accommodating in excess of 150 vehicles.
Terms
Terms - The property is available on a new Full Repairing and Insuring basis for a rent and term to be agreed. Further information on the quoting terms are available through the sole letting agent.
Business Rates - We are advised by the Scottish Assessors Association that the property has a rateable value of £177,750. This results in rates payable (2023/2024) of approximately £88,870 per annum.
VAT - All prices are quoted exclusive of VAT.
Legal Costs - Each party will be responsible for their own legal costs incurred.
EPC - Energy Performance Certification is available upon request.
Planning - The premises currently benefit from Use Class 5 (general industrial) and Class 6 (storage & distribution). Additional information on this planning consent is available upon request.
AML - The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 requires the agents acting on both sides of any qualifying transaction to undertake appropriate due diligence in relation to, and in advance of, any such transaction, including identifying and verifying all relevant parties and establishing the source(s) and legitimacy of funding. Both parties will disclose all relevant information, prior to conclusion of missives/exchange, required to enable the agents to meet their respective obligations under the Regulations.
Specification
- Steel Portal Frame Construction
- 8.5 m Eaves Height
- 3x Level Loading Doors
- 2.45 acre(s) Site Area
- Car Parking Spaces
- Secure Yard Area
- Year Built: 1990
- Quality of space: Secondhand / Unrefurbished