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Garage to rent

Merchiston Mews, Edinburgh, EH10

£1,167 pcm
697 sq. ft.

Property Description

Key features

  • Rare city centre car garage opportunity
  • Gross internal area 64.7sqm/697sqft
  • Qualifies for 100% rates exemption
  • Offers of 14,000pax

Full description

LOCATION:
The subjects lie within the highly sought after area of Merchiston, approximately 2.5 miles south of the city centre.

The Mews is easily accessible off Gilmour Place, a busy thoroughfare that links the Polwarth area of Edinburgh with Tollcross and subsequently to the town centre. Merchiston Mews is now
predominantly made up of residential dwellings with many of the former garages being converted into ground floor flats.

The subjects themselves are now the only operating garage/workshop in the Mews
which makes this a rare opportunity.

To the north of the subjects lies a large commercial hub with a cinema complex with various national occupiers including Cineworld, Nandos, Chiquitos and Frankie & Benny's etc. There are also more local occupiers nearby on Merchiston Avenue/Yeaman Place, including a grocery store, local pub and Vegware, which is an ecofriendly packaging and catering business.

DESCRIPTION:
The subjects comprise two inter-connected fully fitted/operational garages forming part of a two storey traditional stone mews held under a pitched and slated roof. The property internally provides two operational car ramps, three phase electricity to each unit with a single WC. One of the units benefits form an electric operated roller shutter while the other is manually operated.

ACCOMMODATION:
The premises have been measured in accordance with the RICS code of measuring practice 6th edition. The floor areas are approximately as follows:

GIA (Gross Internal Area) 64.7sqm (697sqft)

RATING ASSESSMENT:
According to the Scottish Assessors website www.saa.gov.uk the property has a Rateable Value of 2,800. Please note the property therefore qualifies for 100% rates exemption under the small business bonus rates relief scheme.

LEASE TERMS:
Offers of 14,000 per annum are invited with the property being let on a full repairing and insuring lease for a negotiable period.

The current occupier/landlord is also looking for a premium of 10,000 upfront for the use of various mechanical equipment that can be left behind.

Please see the itinerary below of the above mentioned equipment:

2 x 3.5 tonne 2 post hydraulic lifting ramps with 3 stage extending arms[ideal for lifting vans].
1 twin motor compressor.
1 Dunlop automatic tyre changer.
1 balco wheel balancer.
1 20 tonne blue point press.


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