Property Description
The subjects comprise a round floor office set within a two-storey, semi-detached office pavilion under a pitched roof.
The ground floor provides an open plan office with a designated kitchen area, female WC, and a cupboard.
The property also benefits from a DDA accessible lift and 5 car parking spaces.
Location
Livingston is a popular commuter town situated in West Lothian approximately 15 miles west of Edinburgh and 30 miles east of Glasgow.
Shairps Business Park is located within Houston Industrial Estate, Livingston’s premier business area, and is strategically situated next to Junction 3 of the M8 (Edinburgh/Glasgow) motorway. It is situated on the north side of Houston Road which is the main spine road through the estate.
Neighbouring occupiers include: Workflo Solutions, Henbury, Apogee Corporation and Innes & Partners. The first floor within the building is occupied by Antails Limited.
Further Information
Accommodation
According to our recent measurement survey the premises contain the following approximate net internal areas:
140.5 sq m (1,512 sq ft)
Rent
Our client is seeking rental offers over £18,000 per annum to grant a new lease.
Lease terms
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease on flexible terms for a period to be agreed.
VAT
We understand the property is opted for tax and as such VAT will be applicable to the rent.
Rateable value
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £21,100 effective 1st April 2023. The uniform business rate for the current year is £0.494 pence in the pound. The business rates are due to be split between the ground and first floors.
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.
Utilities
We understand the property is served by mains water and electricity.
Energy performance certificate
The Energy Performance Certificate rating is A.
A copy of the recommendation report is available on request.
Legal costs
Each party shall bear their own legal costs in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.
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 diligence 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.
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