The Regent Centre is a mixed commercial development, which contains a number of national and multiple occupiers situated on the eastern outskirts of Linlithgow town centre.
The subject property is a secure second floor office suite, which forms part of a three storey semi-detached property of block construction under a pitched and slated and mansard style roof.
The subjects comprise attractive predominantly open plan office accommodation with partitioned meeting rooms, private offices and tea preparation area. The suite benefits from an outdoor terrace accessed directly from the office area. Ladies and gents toilets are located on the same floor within the common stair.
Location
Linlithgow is a well-established West Lothian commuter town, situated just off junction 3 of the M9 Motorway, which leads traffic east of Edinburgh, towards Falkirk and Stirling. Linlithgow is located approximately 20 miles to the west of Edinburgh and approximately 10 miles to the east of Falkirk.
The subject property forms part of the Regent Centre which is located on the east side of Blackness Road, which forms part of the main A803 trunk road through the town centre of Linlithgow.
Neighbouring commercial occupiers in close proximity include,Tesco Superstore, The Bank of Scotland, and Alan Steele Asset Management.
Accommodation
We calculate that the subjects provide the following areas:- Second Floor Net Internal Area 254.92sq.m (2744 sq.ft)
Terms
RATEABLE VALUE
With reference to the Scottish Assessors website we note that the subjects are entered in the current valuation roll at Rateable Value £31,600.
LEASE TERMS
Our client is willing to enter into a new standard full repairing and insuring lease for a term to be agreed incorporating regular rent reviews at an initial asking rental of £34,000 per annum.
LEGAL COSTS
In the normal manner the ingoing tenant will be liable for our client’s reasonable incurred legal costs to include Stamp Duty, Registration Dues and any VAT incurred thereon.
VAT
All prices, rents and outgoings are quoted exclusive but may be liable to VAT