The subjects comprise an industrial warehouse premises of part steel portal frame, part brick construction with overlaid profile cladding, surmounted under a pitched and part profile clad roof. There is an electric roller shutter door which provides vehicular access & pedestrians can access the premises via a separate entrance point.
Internally, the accommodation comprises an open plan warehouse space with a tea preparation area and wc facilities. The premises benefits from integrated translucent panels which flood the space with natural daylight & there is a secure yard suitable for storage to the west elevation. This is a rarely available central leasehold opportunity in West Edinburgh.
Location
The subjects are situated within Stenhouse Mill Wynd Industrial Estate in the Chesser district of Edinburgh. The property is located approximately 2.5 miles west from Edinburgh city centre and 2.5 miles east of the Edinburgh City Bypass (A720). The property benefits from an efficient transport link into the city centre via Gorgie Road (A71). Additionally, the occupier would benefit from easy access across the central belt via the bypass onto the M8, connecting Edinburgh to the West Lothian towns and Glasgow.
The established industrial location is home to a mix of local and national occupiers such as Fireplace Factory Outlet, Rexel UK Ltd, Richmond’s Plumbing, St Andrews Timber and Builders Supplies and Heating Merchants and CTD Tiles Ltd.
Accommodation
Ground Floor - 268.12 sq m (2,886 sq ft)
The above floor areas have been calculated on a Gross Internal Floor Area basis in accordance with the RICS Code of Measuring Practice (6th Edition).
Terms
Lease Terms - The subjects are held on a full repairing and insuring basis, with the lease expiring 16th May 2029. The rent shall be paid quarterly in advance.
Rent - Passing rent £34,500 per annum.
Rateable Value - The subjects are entered in the current Valuation Roll at a rateable value of £22,900 resulting in net annual payable rates of approximately £11,404.
Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 4 months of the beginning of the tenancy.
Energy Performance Certificate - An Energy Performance Certificate is available upon request.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
Legal Costs - Each party to bear their own legal costs in the documentation of this transaction; however the in-going tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.
Specification
- Located in Stenhouse Mill Wynd Industrial Estate
- Passing rent £34,500 per annum
- Rarely available leasehold opportunity in West Edinburgh
- Lease expiry May 2029
- Premises extend to 268.12 sqm (2,886sqft)
- Electric roller shutter vehicular access
- Efficient transport links across the central belt