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Lock Up Garage, 14b Randolph Lane, Edinburgh, EH3 7TD

182 Sq Ft / Other

Sold - Last updated: 24 January 2023

The subjects comprise a two storey mid-terraced garage/lock-up style property of traditional stone construction with what appears to be a residential dwelling above, surmounted by a pitched and slated roof.

The premises is accessed via an up and over garage door and benefits from solid concrete flooring with painted walls, rear traditional stable wall, wall-mounted plug sockets and ceiling mounted spotlights. The premises could be used for a variety of purposes to include parking, studio space or storage.

Location

The subjects are located along Randolph Lane in Edinburgh’s desirable and sought after west-end district. Randolph Lane is a unique cul-de-sac that is accessed as a continuation of Randolph Place, access of which is taken eastwards at the junction between Melville Place, Queensferry Street and Drumsheugh Place.

Accommodation

We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition on a Gross Internal Area basis in the order of:

GIA: 16.89 sq m (182 sq ft)

Terms

TERMS - The heritable interest is available to purchase with an asking price of offers over £85,000 (exc. of VAT).

RATEABLE VALUE - According to the Scottish Assessors Association website, the property has a current rateable value of £1,950 and therefore any potential occupier could benefit from 100% rates relief in line with the small business bonus scheme.

ENERGY PERFORMANCE CERTIFICATE - The property has an EPC rating of # and a copy of the certificate is available to interested parties on request.

LEGAL COSTS - Each party shall bear their own legal costs in connection with the transaction and in the normal manner, the purchaser will be liable for land & buildings transaction tax and registration dues.

VAT - All prices quoted are exclusive of VAT which may be applicable.

DATE OF ENTRY - Entry will be available on completion of legal formalities.

Specification

  • Rarely available garage / lock-up premises available on heritable interest basis
  • Situated in the heart of Edinburgh’s affluent West End
  • Suitable for a variety of uses to include parking, studio space and storage
  • GIA of 16.89sqm (182sqft) – 2.75m x 6.14m
  • Offers over £85,000 (exc. of VAT)


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