The subjects comprise a fully operational Hub for office/medical and related uses with Citrus Dental Practice already arranged over part of the ground floor with shared reception, toilet and shower/changing facilities. A series of rooms are available to lease and we outline the available accommodation below
( Agency Pilot Software ref: 13176 )
Location
The subjects are situated within the Meadows area of Edinburgh, approximately 1 mile to the south of the city centre. The immediate surrounding area of Marchmont comprises relatively high density housing with local amenities and an increasing student population, given the proximity of the University of Edinburgh. A short distance to the south is the Grange district of the city where large family homes are located also with local bars, cafe/restaurants. To the north, Quartermile falls within the sphere of influence of the premises where approximately 650 apartments and 250,000 sq ft of offices constructed where major employers have located to include Skyscanner, Cirrus Logic and Morton Fraser.
Accommodation
Room 1 8.1 sq m (87sq ft )
Room 2 14.3 sq m(154 sq ft )
Room 3 14.3sq m (154 sq ft )
Room 4 14.5sq m ( 156sq ft )
Room 5 8.7 sq m (93 sq ft )
Room 6 10.3sq m (111 sq ft )
Room 7 (under offer) 14.3sq m (154sq ft )
Room 8 (under offer) 14.3 sq m (154 sq ft )
Room 9 23.3 sq m (250 sq ft )
Total 1,313 sq ft
Terms
Business Rates The premises will require to be re assessed following the vacation of the NHS (Boroughloch Medical Centre).
Energy Performance Certification The premises has an EPC rating of E.
Services All mains services are connected.
Entry On conclusion of legal missives.
Lease Terms Available on flexible terms by way of a new Internal Repairing and Insuring lease or licence depending on the length of occupation. Details of occupational costs on application together with any service charges payable in relation to the maintenance and upkeep of the common parts of the building. Alternatively our clients invite offers for the heritable interest with the benefit of the income from Citrus Dental Practice who hold a lease on part of the premises until November 2034 at a rental of £28,213 per annum. The rental has the potential to increase subject to conclusion of the expansion to £37,387 pa.
Value Added Tax Any prices/rents or costs are unless advised payable of VAT.
Legal Costs Each party will be responsible for their own legal costs incurred in connection with this transaction. In the normal manner, the in-going tenant will be liable for any Land and Buildings Transaction Tax, Registration Dues and VAT thereon.
Anti-Money Laundering A legally binding contract entered into as set out in the Heads of Terms will be subject to the counterparty satisfying Ryden’s requirements in relation to Anti-Money Laundering Regulations