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Quality Industrial/Storage/Distribution Unit, Unit 5, 29 Bankhead Terrace, Sighthill Industrial Estate, Edinburgh, EH11 4DY

1,987 Sq Ft / Industrial / General Industrial

Sold - Last updated: 27 May 2022

Unit 5, 29 Bankhead Terrace offers excellent quality industrial/storage/distribution space comprising a mid-terraced industrial unit surrounded by other units of a similar size. The unit is of traditional steel portal framed construction, surmounted by a pitched corrugated metal sheet roof.

Internally, the property is laid out to provide an open plan unit with 2 W/C’s to the right hand side of the main entrance. 

Externally, the property is clad in corrugated metal profile sheeting, with the unit benefiting from an electric roller shutter and pedestrian door to the front and fire exit to the rear.

The property forms part of a smaller exclusive trading estate which was split and refurbished into its current configuration of eleven units in 2007. The unit also benefits from three dedicated parking spaces. 

Location

Sighthill Industrial Estate is located in the Sighthill area of Edinburgh which benefits from excellent transport links/road network connectivity. Sighthill is extremely accessible to the Edinburgh City Bypass, M8, M9 and M90, as well as the A1 to the South. The industrial estate itself is surrounded by various other industrial units and warehouses, which sit approximately five miles to the west of Edinburgh’s city centre.

Occupiers in the same industrial estate include Artisan Roofing Limited, Boundless Workshop Ltd, Francey Joiners and Shopfitters and Scotshirts.

Hermiston Gait Retail Park also lies less than a mile away and includes occupiers such as Tesco, B&Q, Halfords and Decathlon. 

Accommodation

We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition on a GIA basis. The unit extends to 184.6 sq.m (1,987 sq.ft).

Terms

RATEABLE VALUE - According to the Scottish Assessors’ Association website, the property has a current Rateable Value of £XXX per annum.

Therefore, the occupier could benefit from 100% rates relief via the Small Business Bonus.

PRICE - Offers over £XXX are sought for our clients heritable interest.

Lease Terms - The subjects have a short period of time remaining on the current lease to Napier University, expiring on the 29th of April 2019, meaning the purchaser could benefit from some income before taking occupation.

RENT - Rental figure can be given on application.

PLANNING - We have assumed the property benefits from class 5 (Industrial) and Class 6 (Storage/distribution) in accordance with the Town and Country Planning (Scotland) Use Class Order 1997.

GENERAL REMARKS - A rare opportunity to purchase or potentially lease an excellent industrial unit within an established and popular trading estate within the west of Edinburgh.

ENERGY PERFORMANCE - A copy of the Energy Performance Certificate is available upon request however, the energy rating is D. 

Specification

  • Mid Terraced Industrial Unit
  • Set within the well established Sighthill Industrial Estate
  • Excellent transportation links to the Edinburgh City Bypass, M8, M9 and the M90
  • Extends to 184.6 sqm / 1,987 sqft


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