Small industrial unit with warehouse, offices, WC, shower, kitchen located on a busy popular industrial estate.
Location
Located in the North East of Livingston Houstoun Industrial Estate offers fast, easy access into the motorway network via a dual carriageway.
Napier Square is a small purpose built industrial estate accessed at the corner of Houstoun Road and Muir Road. It is a highly visible and easily accessible estate.
- Livingston is well located for access to the central belt of Scotland
- Positioned 32 miles East of Glasgow City Centre and only 16 miles West of Edinburgh City Centre
- The unit is only a 5 Minute drive to Junction 3 of the M8 motorway giving fast and easy access to the Scottish Motorway Network
- Livingston is also well provided for by rail and bus services. Uphall train station is shown on the plan
- Both Edinburgh and Glasgow International Airports are within easy reach
Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice, (Sixth Edition) and its definition of Gross Internal Area, and is as follows:
2,500 sq.ft/ 232 sq.m
Terms
The Offer - Our client currently holds a lease on the property at a rent of £13,500 Per Annum and expiring in 2021.
Options:
- Option 1 To assign the lease to a new occupier
- Option 2 To sub-let the property to a new occupier
- Option 3 To start a new lease with the owner of the property on new terms to be agreed, and extinguish the current lease.
The current lease benefits from a photographic Schedule of Condition.
Service Charge - There is Service Charge for the upkeep and maintenance of the common areas of the estate. It is administered by the owners managing agent, and recharged to occupiers.
Annual figures are estimated In the region of £1,000 per annum + VAT.
Legal Costs - Each party shall be responsible for their own legal and surveyors costs.
EPC - The property has been assessed as a ‘G’. Full documentation available upon request.
VAT - All figures quoted are exclusive of VAT.
Rates - The property has an RV (Rateable Value) of £9,600. From April 2017, properties with rateable values of £15,000 or less will not pay rates (assuming it is your only business property). More information on Rateable Values and their calculation at: www.saa.gov.uk and www.mygov.scot/business-rates-calculator.
Rates payable are calculated by multiplying the Rate poundage (i.e. pence in the pound) by the RV. For 2018/19 we understand the rates poundage in this local authority area is XXX per £RV.
This results in a potential present annual rates liability of £4,608. Occupiers should verify figures themselves.
Specification
The property is highly visibility from Houstoun Road, and benefits from:
- Separate offices and toilets
- Dedicated secure and fenced yard
- Alarmed
Warehouse
- Traditional construction warehouse with double pitch asbestos roof
- Eaves height in the warehouse: - Minimum – 3.42 Metres, Maximum – 4.43 Metres
- Roller Shutter- drive in access
- Door height 3.31 High, 3.63 metres wide
- Flat roof office extension
- Fluorescent tube lighting