The subjects comprise a semi-detached light industrial unit with attractive office fitout. The unit benefits from private meeting spaces, storage space, M/F/D washroom facilities.
Location
Located approximately 15 miles west of Edinburgh and 30 miles east of Glasgow, Livingston is the largest town in West Lothian with a population in excess of 60,000 people.
Oakbank Business Park is an established site located towards the south east of Livingston town centre. The town has excellent transport links, being strategically located close to the A71 and Junction 3 of the M8 motorway. There are frequent bus and rail services connecting Edinburgh and Glasgow city centres. Neighbouring occupiers include NextPharma, Integral UK, and RFX Limited.
Accommodation
The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a net internal basis and is as follows:
Net Internal Area- 2,184 sq.ft
Terms
RATEABLE VALUE: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £17,600 per annum.
It should be noted under the terms of the Small Business Bonus Scheme, the property maybe eligible for 12% rates relief, reducing the rates burden to £7713 per annum. (23-24 figures).
SALE/LEASE TERMS: The property is available on leases of 5 years at an annual rental of £18,500 per annum plus VAT.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request. The rating is #
VAT: All prices quoted are exclusive of VAT which maybe chargeable.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.
Specification
- Office unit
- Flexible lease terms
- 2,184 sq.ft
- £18,500 per annum plus VAT