The property comprises of a workshop/industrial unit benefiting from a long entrance hall, reception area, kitchen, and W.C facilities. There is currently no roller shutter door but this could be fitted depending on occupier requirements. The unit has an eaves height of approximately 4.4m.
Parking is available directly outside the premises.
Location
Polbeth is situated approximately 1.5 miles to the south west of Livingston and is accessed via the A71. Livingston lies adjacent to the M8 Motorway and is located approximately 15 miles west of Edinburgh and 30 miles to the east of Glasgow.
Polbeth Industrial Estate is situated just off Limefield Road (A71) just before entering West Calder. The subjects enjoy road frontage with nearby occupiers including Mullholland Plant Services, Polbeth MOT Station, TOD Combat, Cards Den and Booty Gym.
Local amenities for occupiers include a Scotmid within a short walk of the property and West Calder train station offering services to Edinburgh Haymarket and Waverley.
Accommodation
According to our recent measurement survey the premises contain the following approximate net internal area:
548 sq m (5,898 sq ft)
Terms
RENT
Our client is seeking a rental of £32,500 per annum to grant a new lease on full repairing and insuring (FRI) terms.
Building insurance will be charged in addition.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £14,800 effective 1st April 2023. The uniform business rate for the current year is £0.498 pence in the pound. Occupiers may be eligible for 100% 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.
UTILITIES
The property is served by mains electricity, gas and water.
VAT
The property is elected for VAT and as such will be applicable to all property costsd.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
LEGAL COSTS
The tenant will pay £500 for the provision of a short-form commercial lease for the parties to enter into.
ENTRY
Upon completion of a formal missive under Scots Law.
ANTI-MONEY LAUNDERING
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due dilligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.