126/1 Calton Road, Edinburgh, EH8 8JQ
From
£1,625 pcm
£19,500 pa
£18.02 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,082 sq ft
101 sq m
- SECTOR
Office to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Self-contained, modern office premises with two parking spaces
- In 'move in' condition with cellular offices and a meeting room
- Prominent roadside position on the south side of Calton Road
- 5 minutes from Edinburgh Waverley and other transport connections
- Extends to an approximate Net Internal Area 100.54 m2 (1,082 sq ft)
Description
LOCATION
Calton Road is located in the Holyrood district of Edinburgh city centre, approximately 1 mile east of Princes Street and only a short distance from the city's historic Old Town.
The subject is located on the south side of the street between its junction with Lochend Close and Campbells Close.
The immediate area is mixed residential and commercial and benefits from good public transport connectivity with rail, bus, and tram links nearby.
On street metered parking is available on Calton Road.
DESCRIPTION
The subjects comprise a modern office premises arranged over ground floor of a three-storey building. The premises form part of a larger mixed-use development with offices adjacent and residential units to the upper floors.
The property, which returns onto Lochend Close, features a double-glazed timber frame patio door together with window openings along the Lochend Close frontage.
The accommodation is well-presented comprising a reception area, three cellular offices, a meeting room, kitchen, store and WC facilities with LED lighting, data trunking and carpet tiles throughout.
The property benefits from one clear and one tandem parking space located in a secure covered car park to the rear of the building.
ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate net internal area:
100.54 m2 (1,082 sq ft)
RENT
Our client is seeking rental offers over £19,500 per annum.
The approximate maintenance costs for the property is between £180-£200 per quarter.
PRICE
Offers Over £310,000 are invited for our client's heritable interests in the subjects.
VAT
VAT is not applicable to the purchase price or rent.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is A.
TERMS
The property is made available on full repairing and insuring lease terms.
RATEABLE VALUE
According to the Scottish Assessor's website (the subjects have a Rateable Value of £17,800 effective 1st April 2023.
The threshold for full rates relief under the Small Business Bonus Scheme has changed for the financial year 2024/25. For properties with a RV between £12,001 and £15,000 the award is now 25%. The uniform business rate for the current year is £0.498 pence in the pound.
UTILITIES
The property is served by mains gas, electricity and water.
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 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.
Calton Road is located in the Holyrood district of Edinburgh city centre, approximately 1 mile east of Princes Street and only a short distance from the city's historic Old Town.
The subject is located on the south side of the street between its junction with Lochend Close and Campbells Close.
The immediate area is mixed residential and commercial and benefits from good public transport connectivity with rail, bus, and tram links nearby.
On street metered parking is available on Calton Road.
DESCRIPTION
The subjects comprise a modern office premises arranged over ground floor of a three-storey building. The premises form part of a larger mixed-use development with offices adjacent and residential units to the upper floors.
The property, which returns onto Lochend Close, features a double-glazed timber frame patio door together with window openings along the Lochend Close frontage.
The accommodation is well-presented comprising a reception area, three cellular offices, a meeting room, kitchen, store and WC facilities with LED lighting, data trunking and carpet tiles throughout.
The property benefits from one clear and one tandem parking space located in a secure covered car park to the rear of the building.
ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate net internal area:
100.54 m2 (1,082 sq ft)
RENT
Our client is seeking rental offers over £19,500 per annum.
The approximate maintenance costs for the property is between £180-£200 per quarter.
PRICE
Offers Over £310,000 are invited for our client's heritable interests in the subjects.
VAT
VAT is not applicable to the purchase price or rent.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is A.
TERMS
The property is made available on full repairing and insuring lease terms.
RATEABLE VALUE
According to the Scottish Assessor's website (the subjects have a Rateable Value of £17,800 effective 1st April 2023.
The threshold for full rates relief under the Small Business Bonus Scheme has changed for the financial year 2024/25. For properties with a RV between £12,001 and £15,000 the award is now 25%. The uniform business rate for the current year is £0.498 pence in the pound.
UTILITIES
The property is served by mains gas, electricity and water.
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 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.
Brochures
126/1 Calton Road, Edinburgh, EH8 8JQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Edinburgh Waverley Station0.5 miles
- Haymarket Station1.6 miles
- Brunstane Station3.1 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference 1261CaltonRoad. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALLIED SURVEYORS SCOTLAND, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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