*Closing date set for offers - 12 noon, Wednesday 27 November 2013*
Description
Accessed from Captains Road, the development comprises two modern light industrial units suitable for Class IV use and is situated within landscaped grounds with ample communal parking. The subjects are of steel framed construction incorporating double skin blockwork walls with insulated profiled steel roofing sections.
Access into the units is provided by manually operated roller shutter vehicle entrances with separate pedestrian entrances to each unit. The property is open plan in nature and the current configuration has combined the two units internally. The accommodation includes reception area (with curtain glazed walling to corner elevation), private offices and separate toilet facilities within each unit. The property benefits from an average eaves height of 5 metres.
Rateable Value
We have been advised by Lothian Valuation Joint Board that the combined rateable value of the subject is £XXX per annum. Further details can be obtained from the Assessor on 0131 344 2500 or alternatively www.saa.gov.uk.
Planning
We understand that the premises benefit from a Class IV business use as defined in the Town and Country Planning (Use Class) (Scotland) Order 1997, which broadly includes offices, light industrial and research and development.
Applicants must satisfy themselves as to any planning requirements relating to their proposed use by contacting the Council’s Planning Section at Waverley Court, 4 East Market Street, Edinburgh, EH8 8BG. They can also be contacted by telephone on 0131 529 3550 or emailed at planning@edinburgh.gov.uk.
Energy Performance Certificate
The properties have been given certificate ratings of D and F for Unit 1 and 3 respectively.
Viewing
The property may be viewed by appointment with Mark Bulloch or Andrew McCurrach who can be contacted on 0131 529 5991/4682, or at mark.bulloch@edinburgh.gov.uk/andrew.mccurrach@edinburgh.gov.uk.
Location
Gracemount Business Pavilions are located on a prominent position in the south side of Edinburgh. The development is situated close to main arterial routes, providing excellent transport links to Edinburgh’s city centre, the city bypass and the adjoining motorway networks.
Accommodation
We have measured the units in accordance with the RICS Code of Measuring Practice (6th Edition) and have calculated the approximate Gross Internal Area for each unit to be as follows: Block B, Units 1 & 3 151.50 sq m (1,630 sq ft), or; Block B, Unit 1 75.75 sq m (815 sq ft), Block B, Unit 3 75.75 sq m (815 sq ft)
Terms
*Closing date set for offers - 12 noon, Wednesday 27 November 2013*
Fees
In accordance with the standard practice, the ingoing tenant will be responsible for the Council’s reasonable legal fees and expenses in connection with the transaction, as well as stamp duty, if applicable, and Registration dues. In addition, the tenant will be responsible for the Council’s Corporate Property costs equivalent to 10% of the first year’s rental.
Terms
The preference is to let the property as a combined unit. However, consideration will be given to any offers received for a single unit. The accommodation is offered on a full repairing and insuring basis (FRI) for a negotiable period of time. The Council will insure the property and the premium will be recoverable from the tenant. A service charge will be payable for upkeep of common areas including landscaping within the estate.
Rent
Offers in excess of the following sums – exclusive of VAT, rates and service charge – are invited: Block B, Units 1 & 3 £XXX per annum, or; Block B, Unit 1 £XXX per annum, Block B, Unit 3 £XXX per annum
Services
Mains drainage, water and electricity are installed and all charges for such services will be the responsibility of the tenant.