*Closing date - 12 noon, Friday 22 April 2016*
Location
The property is located on Seafield place approximately 3 miles (4.8 km) North East of Princes Street and close to the junction with Salamander Street providing direct access to Leith, the A902, the A1, the Edinburgh City Bypass and in turn the M8 Motorway. Further to this Haymarket and Waverley train stations are both situated approximately 4 miles (6.4 km) south of the property while Edinburgh Airport is situated 10.4 miles (16.7km) west of the unit.
The surrounding area comprises a mix of residential, industrial and retail warehouse uses. Neighbouring occupiers include Create Carpets, Dreams and The Edinburgh Carpet & Flooring Warehouse.
Description
The subjects comprise a single storey industrial unit containing a workshop, reception/office space and WC provisions. In addition there are four converted arches suitable for further workshop use or storage and a private yard area.
Accommodation
We have measured the accommodation in accordance with the RICS Code of Measuring Practice (6th Edition) and we calculate the Gross Internal Areas as follows: Industrial Unit 272.5 sq m (2,933 sq ft)
Arch Units 310.6 sq m (3,344 sq ft)
Rateable Value
We understand that the subjects have a rateable value of £21,250 with effect from 1 April 2010. Further details on rateable value, rate poundage and rates relief can be found at www.saa.gov.uk or 0131 344 2500.
Planning
Interested parties should satisfy themselves as to any planning requirements for their proposed use by contacting the Planning Department, Waverley Court, 4 East Market St, Edinburgh, EH8 8BG on 0131 529 3550/planning@edinburgh.gov.uk
Terms
The premises will be offered on a Full Repairing and Insuring (FRI) lease for a negotiable period of time (minimum 12 months). The Council will insure the structure and the premium will be recovered from the tenant. The tenant will be responsible for contents and all other insurances.
Services
Mains drainage, water and electricity will be provided and all charges for such services will be the responsibility of the tenant.
Rent
Rental offers in the region of £25,000 are invited per annum exclusive of VAT, Non Domestic Rates, and insurance are sought for the subjects.
Energy Performance Certificate
The property has been rated D.
Fees
In accordance with the standard practice, the ingoing tenant will be responsible for the Council’s reasonable legal fees and expenses in connection with the transaction, as well as stamp duty, if applicable, and Registration dues. In addition, the tenant will be responsible for the Council’s Corporate Property expenses.