Unique opportunity to lease a highly prominent commercial property which benefits from a large car park in Granton, north of Edinburgh city centre.
The property comprises a self contained office building arranged over storeys providing a mix of open plan and cellular accommodation.
The property is currently office accommodation but is suitable for a variety of uses, subject to planning, such as leisure, gym, showroom, trade counter, studio, car sales etc.
Location
The property is located in Granton, approximately 4 miles north of Edinburgh’s city centre. More specifically, the property holds a prominent location fronting onto West Harbour Road next to the Granton Square roundabout The property is within Granton’s Waterfront area which is due to undergo significant regeneration. The regeneration plan is to deliver:
• Around 3,500 new net zero carbon homes
• Business start-up space and commercial opportunities
• Europe’s largest coastal park through creating new and enhanced green spaces
• Creative arts, culture and leisure space
• Key services including a school and healthcare
Accommodation
295 SQ M (3,177 SQ FT)
Terms
USE The property is currently used as office accommodation but could be suitable for alternative uses, subject to planning. Potential uses could include; offices, teaching/training space, leisure, gym, showroom,trade counter, studio, meeting space, etc.
LEASE TERMS The premises are available on a new lease for a period to be agreed and a rental of £30,000 per annum. Our client’s preference is a single tenant but consideration may be given to letting f loors separately.
RATEABLE VALUE We are advised by the local Assessor the property currently has a combined Rateable Value of £13,000 resulting in Rates Payable (2024/2025) of approximately £6,370 per annum. Up to 100% rates relief is potentially available via the small business rates relief scheme.
ENERGY PERFORMANCE CERTIFICATE Available upon request.
VAT VAT will be payable at the prevailing rate.
LEGAL COSTS Each party will be responsible for their own legal costs.
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.
Specification
- TWO STOREY OFFICE WITH LARGE CAR PARK
- SUITABLE FOR A VARIETY OF USES
- HIGHLY PROMINENT LOCATION
- ELF-CONTAINED