Lauder House provides 20,179 sq ft of open plan office accommodation over ground and first floors. Both the ground and the first floor suites are due to be refurbished providing an excellent opportunity for any ingoing tenants to influence the specification. The building also benefits from a generous car parking provision with 90 spaces, as well as an extensive green space and pond.
Location
Livingston is the largest town in West Lothian and is located 14 miles west of Edinburgh and 28 miles east of Glasgow, The property is situated on the established Almondvale Business Park, to the west of Livingston Designer Outlet and Almondvale Retail Park, The M8 Motorway runs to the north of the town and is accessible at Junctions 3 & 3A.
Accommodation
The unit extends to the following approximate net internal floor areas:
First Floor - 9,789 sq ft (909 sq m)
Ground Floor - 10,389 sq ft (965 sq m)
Total - 20,178 sq ft (1,874.70 sq m)
Terms
LEASE - The subjects are available on the basis of a new full repairing and insuring lease subject to 5 yearly rent reviews.
RATING - We have been verbally advised by the Rates Authority that the rateable value of the subjects with effect from 1 April 2023 is £173,750. (Each new occupier has the right of appeal against this figure).
Based on the higher property rate of 55.9p, this rateable value will result in an estimated rates liability in financial year 2024/25 of £97,126.
ENERGY PERFORMANCE CERTIFICATE - Certificate available on request.
DATE OF ENTRY - By arrangement.
AML REGULATIONS - Under HMRC and RICS regulations and The Proceeds of Crime Act 2022, as property agents facilitating transactions, we are obliged to undertake AML due diligence for both the purchasers/tenants and vendors/landlords involved in a transaction. As such, personal and/or detailed financial and corporate information may be required before any transaction can conclude.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred during the transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land and Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Specification
- Open plan office accommodation
- 90 car parking spaces
- Opportunity to influence refurbishment