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INDUSTRIAL UNIT, Unit 4, Catalyst Trade Park, Bankhead Drive, Sighthill Industrial Estate,, City of Edinburgh, EH11 4EJ

5,532 Sq Ft / Industrial

To Let - £47,500.00 per annum

Available - Last updated: 19 October 2021

DESCRIPTION

The subject comprises a mid-terrace industrial unit of modern, steel portal frame construction under a pitched steel clad roof.

Internally, the unit benefits from a minimum eaves height of approximately 6m with a small office/store, kitchen and WC facilities.

Externally, the unit benefits from a electric roller shutter door approximately 4m-wide, separate pedestrian access and ample staff and visitor car parking.

Location

The premises occupy a high profile position within Sighthill Industrial Estate and are directly adjacent to the A71 (Calder Road), one of the main arterial routes into Edinburgh city centre.

The estate benefits from excellent transport links with access from the A71 which in turn connects to the City of Edinburgh Bypass, the M8 and Scotland’s motorway network.

Immediate surrounding occupiers of the premises include Topps Tiles, Direct Flooring, Time Twisters and Capital Hair and Beauty.

Accommodation

According to our recent measurement survey, the subjects comprise the following approximate gross internal floor area:

514 sq m (5,532 sq ft)

Terms

RENT

The headline rent is £47,500 per annum, payable quarterly in advance.

USE

The property has consent for Class 6 (Storage and Distribution) uses.

TERMS

Our client has a lease held on full repairing and insuring (FRI) terms, subject to a schedule of condition, which expires 18th January 2026 with a tenant only break option 18th January 2024.  There is an option to extend for a further 5 years.

Our client’s preference is to the assign their interest outright, however consideration will be given to a sub-lease.

SERVICE CHARGE

We understand the current service charge allocation for the premises is £5,227 per annum.

VAT

The property is elected for VAT.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £37,400.  The uniform business rate for the current year is £0.49 pence in the pound.

Occupiers may be eligible for rates relief through the small business bonus scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.

UTILTIES

The property is metered for mains gas, electricity and water.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate rating is available on request.

LEGAL COSTS

Each party shall bear their own legal costs in incurred in connection with the transaction with the tenant liable for any LBTT, Registration Dues and VAT thereon.

VIEWING AND FURTHER INFORMATION

By appointment through the sole letting agent, Allied Surveyors Scotland plc.

Iain W. Mercer BA, AssocRICS
Director of Commercial Agency (East)

0131 357 4455/07713 626 887
Iain.mercer@alliedsurveyorsscotland.com

 
Bernadetta Majewska BSc (Hons)
Graduate Commercial Surveyor

0131 357 4455 / 07917 924 112
Bernadetta.majewska@alliedsurveyorsscotland.com

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Lease assignation To Let £47,500.00 per annum

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Contact agents

Iain Mercer

Allied Surveyors Scotland

0131 610 0675



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