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Office for sale

Polkemmet Business Centre, Dixon Terrace, Whitburn, EH47

Under Offer £225,000
1.4 ac.

Property Description

Key features

  • Mixture of office, industrial and yard space
  • Potential Development Opportunity (STP)
  • Offers in the region of 225,000 invited
  • Passing rent 30,000 pax

Full description

LOCATION:
Whitburn is situated in the West Lothian district of Scotland approximately equidistant between Edinburgh and Glasgow. The town has the benefit of good road communication links lying to the
south of the M8 motorway, being accessed from Junction 4 and the newly created J4A as part of the Heartlands Project which is transforming the area into a popular living and working destination.

The town is of an increasingly residential nature due to its excellent communication links to Glasgow, Edinburgh and other local towns.

The subjects are located in a mainly industrial/commercial area on the south side of Dixon Terrace close to its west end where it meets Polkemmet Road. Nearby properties include Ayrton Veterinary Hospital, SD Truck Interiors and Spectrum Body Shop.

DESCRIPTION:
The subjects comprise a series of detached office/industrial units of single storey and traditional design surrounded by generous yard space all set within a fully enclosed compound.

To the west of the main complex is a further rectangular shaped yard area set within its own metal post and mesh fence.

The total site extends to 0.46 hectares (1.14 acres) or thereby

ACCOMMODATION:
We calculate that the subjects extend to the following approximate
Gross Internal Areas:-

Office Front Section
521.26 sq m (5,611 sq ft) NIA

Workshops (original)
257.24 sq m (2,769 sq ft) GIA

Modern Detached Workshop
138.31 sq m (1,489 sq ft) GIA

Compound Workshop
142 sq m (1,525 sq ft) or thereby

ASSESSMENT:
We have consulted the Scottish Assessor's website (www.saa.gov.uk) and note that the premises are entered in the current Valuation Roll with a Rateable Value of 21,000.

Please note that the vendor has lodged an appeal over the current Rateable Value.

LEASE:
There is currently a lease over the whole site in favour of Rublane Ltd which is due to expire on 7th April 2018. The tenant is not in occupation but there are a series of sub leases which may be possible to renegotiate following the expiry of the head lease.

Alternatively, any purchaser may wish to take vacant possession upon expiry of the lease.

PRICE:
Offers in the region of 225,000 exclusive are invited for the heritable interest subject to the existing lease.


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