2nd Floor Verdant
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Overview
| ID: | #6530 |
|---|---|
| Type: | Office |
| Contract: | To Let |
| Location: | Edinburgh |
| Area: | 8,296 sq ft |
| Download Property Schedule (pdf) | |
Location
The subjects are located in the South Gyle with excellent connectivity by way of Tram, Train and Bus not to mention the adjacent A720 City Bypass which connects to the M8, M9
and M90 national motorway network. The subjects are also situated on National Cycle Routes 8, 75 and 754 and secure bike storage is available within the property along with a repair station. There is an on site Café and The Gyle Shopping Centre is a 5 minute walk away with further amenities.
Description
The subjects comprise of 2nd floor north suite which has been fitted out to a high standard with excellent kitchen facilities, directors offices and meeting rooms. This is accessed via a lift at the North Entrance, although access is also available from the West Entrance.
Fast internet speed
Air conditioning
Extensive kitchen and staff welfare facilities
Excellent views
Good natural daylight and lg7 /led lighting
26 Dedicated parking spaces with some EV chargers Shared bike storage
Excellent shower facilities
On- site cafe
EPC: E+
Accommodation
The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and extends to approximately:
771 SQ M (8,296 sq ft)
Lease Terms
Our clients which is available for assignation runs to 21 November 2028 with a Tenant only Break Option at 21 November 2025 subject to 6 months prior written notice.
The lease has an extremely comprehensive Schedule of Condition attached to it. Available on request.
Rent
The passing rent is £65,250 pax. On 21 Novemebr 2023 there is a fixed uplift to £82,296 pax (£10 psf) which is approximately half of the market rent for the space.
Service Charge
The existing lease provides a service charge cap of £4.85 psf is increased annually in line with RPI.
Rateable Value
We have been advised by the Local Assessors that the subjects have arateable value of: £73,200. This will provide an ingoing occupier a rates buill in the region of £36,500 pa (£4.40 psf).
Legal Costs
Each party shall be responsible for their own reasonable incurred costs; however the ingoing party shall be responsible for any registration dues, land and buildings tax and any
other expenses.
VAT
VAT will be applicable to the rent.
Entry
Entry with vacant possession can be given on conclusion of legal formalities.
General amenities
- Internet
- Intruder Alarm
- LED Lighting
- LG3 Cat 2 Lighting
- Parking
- Self contained Kitchen
