The subjects comprise an extensive office/health centre facility which was formally a food store arranged over the ground floor of a single story property and benefits from rear car parking for up to 11 cars, accessed via secure gates either side of the property. The accommodation has been extensively fitted out by the current tenants as predominantly open plan and cellular offices along with stores and WC facilities. The subject also have various medical practice rooms and waiting area.
Location
The property is situated on the west side of Pennywell Road, just to the south of Pennywell Shopping Centre and 1/4 mile to the north of the Muirhouse Shopping Centre. The subjects are situated between the junctions with Muirhouse Avenue to the north and Ferry Road to the south, approximately 1 mile to the north of Edinburghs City Centre.
Accommodation
Ground Floor 854m2 (9,192ft2)
Total: 854m2 (9,192ft2)
Terms
RATEABLE VALUE The subjects are entered in the current Valuation Roll at a rateable value of £40,900 per annum. Please note, a new tenant or occupier of a property has a right to appeal this rateable value within 6 months of the beginning of the tenancy agreement and this property may also be applicable for small business rates relief.
LEASE TERMS The subjects are also being offered on a full repairing an insuring basis for a term to be agreed incorporating regular rent reviews at offers over £45,00 per annum. The client will also consider offers for the freehold interest.
EPC Available on 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 ingoing tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.
Specification
- Offers over £45,000 per annum
- Offices fitted out to high standard
- Unit extends to 854m2 (9,192ft²)
- Located in the Granton District of Edinburgh
- 11 private car parking spaces
- Suitable for a variety of uses