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Office to rent

Cliftonhall Road, Newbridge, Midlothian, EH28

Let Agreed £750 pcm
1,311 sq. ft.

Property Description

Key features

  • Modern ground floor office
  • Self-contained with dedicated access
  • Generous on-site car parking
  • Qualifies for 100% rates exemption
  • Excellent road connectivity to M8 and M9

Full description

Tenure: Leasehold

LOCATION:
The subjects are located within Newbridge Business/Industrial Park situated approximately 5 miles west of Edinburgh. Newbridge is a popular destination for a variety of organisations due to its locale and proximity to the M9 and M8 motorways.

More specifically the property is located at 10 Cliftonhall Road situated directly behind the BP petrol filling station & The McDonalds Drive Thru. Nearby occupiers include Greggs, Vapourized, Porcelanosa & Rigby Taylor.

DESCRIPTION:
10 Cliftonhall Road comprises a generously proportioned selfcontained ground floor office forming part of a modern two storey office pavilion held under a pitched and tiled roof. The unit benefits from its own dedicated access point directly off the shared parking.

Internally the unit splits into five generously sized offices and benefits from perimeter trunking, mains gas and electric with underfloor heating throughout.

ACCOMMODATION:
We have measured the property in accordance with the RICS code of measuring practice 6th edition and we have calculated that the net internal area is:

121.8 sqm/1,311 sqft or thereby

RATEABLE VALUE:
According to the Scottish Assessors website www.saa.gov.uk the property has a Rateable Value of 7,700. Please note the property qualifies for 100% rates exemption under the small business bonus rates relief scheme.

LEASE TERMS:
We have been instructed to assign the existing leasehold interest, the salient terms are as follows:

Lease Start: 1st November 2016

Tenant Break Option: 31st October 2019 on giving 6 months formal written notice

Lease Expiry: 30th October 2021

Rent: 9,000 pax

Repair: FRI excluding latent and inherent defects, subject to schedule of condition

SERVICE CHARGE
There is a capped service charge over the property inclusive of electricity contributions.

PROPOSAL:
Our client is looking to assign their leasehold interest however consideration will be given to sub-letting.


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