Property Description
The subjects contained semi-detached, self-contained office premises of steel portal frame construction with a pitched metal roof, composite cladding panels and fob operated roller shutter access.
Arranged over ground floor the premises provide modern, open plan office space with LED lighting and data trunking. There are three partitioned rooms which would be suitable for private offices or, perhaps, meeting space.
In addition, there is a store, a kitchen and male, female and disabled WC facilities.
Location
Livingston has a population of around 60,000 people and is strategically located just off junction 3 of the M8. It is 16 miles west of Edinburgh city centre and 32 miles west of Glasgow city centre.
The subject property is situated in Oakbank Business Park, an established business location, 3 miles to the south-east of Livingston town centre, just off the A71.
A wide range of shopping and leisure amenities are available within a short drive including Livingston Designer Outlet, Home Bargains, Sainsbury’s and Aldi.
Nearby occupiers to the premises include Kilmac, Survey Connection, Platinum RS and Entrotec.
Further Information
Accommodation
According to our recent measurement survey the premises contain the following approximate net internal area:
243 sq m (2,616 sq ft).
Terms
Our client is seeking a rent of £24,000 per annum to grant a new full repairing and insuring lease.
Alternatively, our client would consider a sale of their heritable title with a price quoted on application.
Car Parking
We understand the premises benefits from 7 allocated car parking spaces.
Rateable Value
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £18,900 however this will be increasing to £22,400 effective 1st April 2026. 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.
Energy Performance Certificate
The Energy Performance Certificate rating is B. The recommendation report is available on request.
Legal Costs
Each party shall be responsible for their own legal costs incurred in connection with the transaction. The eventual tenant will be liable for any Land and Building Transaction Tax (LBTT), registration dues and VAT payable 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 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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