Edgefield Trade Park

Overview

ID: #6060
Type: Industrial
Contract: LET
Location: Edinburgh
Area: 4,538 Sq Ft
Download Property Schedule (pdf)

Location

The subject premises are located within Edgefield Trade Park at the end of Edgefield Road, to the north of Loanhead. Loanhead is a town located in the County of Midlothian, approximately 5 miles south of Edinburgh City Centre and benefits from excellent transportation links, with the Edinburgh City Bypass located less than 1 mile to the north which in turn connects to the A1, M8 and M9 motorways.

The park hosts a wide variety of business uses, with nearby occupiers including the following: – Ikea, Costco, Asda, Edmundson Electrical, and Travis Perkins.

Description

The subjects comprise of a redeveloped concrete portal frame industrial building stripped back and re roofed and clad to provide modern trade units. The units benefit from:

Self-contained modern workshop/storage units

Fully insulated profiled metal sheeting to external walls and roof

Secure common yard areas and allocated car parking

Electric overhead sectional service doors

LED lighting

3 phase power supply

Gas supply

Capped gas supply for tenant heating installation

DDA compliant toilet

Tea-prep

EPC rating: TBC

 

The landlord will run a service charge to provide to the following to tenants: gutter clearing, external yard and cladding cleaning, landscaping and signage. This will be charged back to tenants and will be in the region of 75 pence per sq ft.

 

Accommodation

The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and extends to approximately:

4,538 sq ft (422 sq m)

 

Lease Terms

The units will be available on a short form licence to occupy for a minimum term of 12 months.

 

Rent

On application.

 

Rateable Value

The subjects currently have a Rateable Value of £18,000 per annum. As such, an occupier (subject to status), may benefit from 25% Small Business Rates Relief. Rates payable with no relief would be in the region of £8,964 pa. With 25% relief they would be in the region of £6,723 pa.

 

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 biuldings transaction tax and any other expenses.

 

VAT

All prices premiums etc are quoted exclusive of VAT.

 

Entry

Entry with vacant possession can be given immediately on signing of the licence to occupy.