LOCATION

Newington Business Centre is located on the west side of Dalkeith Road (A68) between the junctions of Kilmaur Terrace and Prestonfield Avenue.

It is approximately 3 miles south-east of Edinburgh city centre and further benefits from easy access to the Edinburgh City Bypass (A720) and local public transport links.

Cameron Toll shopping centre is less than a mile to the south offering staff plenty of amenities.

Existing occcupiers within the centre include: Myreside Management, Home Link Family Support and Tower Mains.

DESCRIPTION

Newington Business Centre is an attractive mews style office development accessed via a vennel off Dalkeith Road.

The development comprises eight self-contained units arranged around a central landscaped courtyard.  

The subject, which is in good decorative order throughout, is arranged over ground and first floor and includes the following specification:

• Data cabling and comms facilities
• Modern LED lighting
• Kitchen facility
• DDA compliant toilet facilities
• Gas fired central heating

 ACCOMMODATION

 According to our recent measurement survey the premises contain the following approximate net internal area:

 81.66 sq m (879 sq ft)

 RENT

 Our client is seeking rental offers over £14,500 per annum plus VAT.

 SERVICE CHARGE

 We are advised the current service charge apportionment for the unit is around £250 per annum.

 LEASE TERMS

 The premises are available for immediate let on full repairing and insuring terms for a period to be negotiated.

 RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £10,300 effective 1^st April 2023. The uniform business rate for the current year is £0.498 pence in the pound. 

Occupiers may be eligible for 100% 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.

UTILITIES

The property is served by mains gas, electricity and water with separate meters for each supply.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate rating is pending.

A copy of the recommendation report is available on request.

LEGAL COSTS

Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.

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.

ENTRY

Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION

By contacting the sole letting agent: