DESCRIPTION

The subjects comprise 3 large industrial units (two joined) of concrete portal frame construction, and steel portal frame construction, eternally clad. There is a corrugated asbestos roof with glazed roof lights. Both units benefit from eaves height of approximately 5m.

The units have single storey office/trade sales areas to the front of the subjects and benefit from dedicated customer entrances, a suspended ceiling with fluorescent strip lights.

Each unit is serviced with mains supplies of water, drainage and gas and have a 3-phase power supply, electric roller shutter and WC facilities.

Within the leases the parking area neighbouring each of the units is demised to the tenants and there is a mutual road which access these areas. 

LEASES

Unit 1/2

Tenants: Howden Joinery Properties Limited

Rent: £43,000 per annum

Expiry: 12^th April 2019

Rent Review – April 2014

Unit 3

Tenants: Jewson Limited   (Grahams)

Rent: £19,500 per annum

Expiry: 28^th July 2020

Rent Review – July 2015

RATEABLE VALUE

We understand that the Lothian Regional Assessors Department have the current rateable value of the site being £54,200. The current non domestic rate (2015/16) being £XXX exclusive of water rates and sewerage rates.

PLANNING

The subjects benefit from outlining planning consent. For the development of a 300 sq m unit at the main entrance to the site. Details available on application.

PRICE

Upon application to the sole selling agents.

LEGAL COSTS

          Each party to bear their own legal costs in the documentation of this transaction with the purchaser responsible for any LBTT, Registration Dues or VAT incurred thereon.

VAT

All prices, rents and outgoings are quoted exclusive but may be liable to VAT.

          ENERGY PERFORMANCE CERTIFICATE

C

ENTRY

By mutual agreement

Location

LOCATION

Eastfield Industrial Estate is located within Penicuik is situated approximately 10 minutes drive from the Edinburgh City Bypass and as such, is easily accessible to all local and national road networks including the A1, the M8, the M9 and the M90.

Penicuik is a popular commuter base for central Edinburgh and lies 10 miles to the south of the city. The town has a population of approximately 16,000 people, and is well served with local amenities including two secondary schools.

Eastfield Drive, accessed from the A701, bounds the subjects on the south and adjoining occupiers, including Screw Fix, Beatsons Building Supplies, Ferrari Packaging, Direct Doors and Skyline Roofing Supplies. Accordingly, this is the main trade park in the town. 

Accommodation

ACCOMMODATION

We have calculated the gross internal area of the subjects to extend to approximately 1700.80 Sq M (18,307sqft) or thereby which comprises the following:-