Property Description
The subjects comprise a building of traditional sandstone construction with a slate pitched roof arranged over two floors, with a central atrium and car parking to the front and rear.
Dating back to 1865 the building was originally Cockenzie School and this history of education is emphasized by some of the features such as the high ceilings enjoyed in the suites. The building extends to approximately 7,055 sq ft capable of accommodating up to 20 enterprises in business suites of varying sizes.
The available business suites are located on the first floor of the building configured off a bright and airy central atrium. Rooms 18 and 19 are adjoining each other separated only by a small tea prep and lobby. Room 16 is part of a cluster at the southern end of the building. Each room benefits from high ceilings, modern electric heating and carpet floor coverings.
The suites are suitable for a variety of uses and current occupiers include: Heavy Sound CIC, Greentrax Recordings, Shorelake Arts, Andrew Crummy, and Asbestos Surveys and Advice.
Location
The seaside village of Cockenzie is located 13 miles east of Edinburgh and is one of a cluster of settlements on this particular stretch of East Lothian coastline. Longniddry and Prestonpans are all in close proximity with Port Seton its nearest neighbour.
The Cockenzie Hub enjoys prominent roadside frontage on the north side of Edinburgh Road, close to the junction with East Lorimer Place. It benefits from good access to the A1 trunk road with the nearest junction only 1 mile away.
Public transport, meanwhile, is widely available with regular bus and rail services. The train stations of Longniddry and Prestonpans are located within 3 miles and 2 miles respectively offering regular rail services to Edinburgh Waverley.
Further Information
Accommodation
Following a recent inspection of the premises we calculate the approximate net internal areas of the available spaces to be as follows:
| Office |
Size (Sq FT) |
Rent Per Month |
Rent Per Annum |
| Office 16 |
428 |
£713 |
£8,560 |
| Office 19 |
686 |
£1,143 |
£13,720 |
| Office 18 |
143 |
£298 |
£3,575 |
Please note VAT is applicable to the rent.
Rent
The rentals quoted are inclusive of rent, utilities and service charges.
Utilities
The building is served by mains electricity and water.
Each of the offices contains modern, wall mounted electric heating facilities.
VAT
The premises is elected for tax and, as such, rents are subject to VAT.
Terms of Lease
The suites are available on minimum 3-year lease terms.
Parking
There are 13 car parking spaces to the front and rear of the building available on a first come first served basis.
Additional unrestricted parking is available on School Lane and Edinburgh Road.
Rateable Values
According to the Scottish Assessors website the premises have the following Rateable Values:
Suite 16: £3,850
Suite 18: £1,800
Suite 19: £5,600
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.
Legals
The landlord will provide the ingoing tenant with a short-form Lease for review prior to taking entry.
Anti-Money Laundering
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due dilligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.
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