office premises - Graham + Sibbald
LEASE ASSIGNATION/ SUB-LET
OFFICE PREMISES
On the instructions of
CONTACT: Graham & Sibbald 11 Manor Place, EDINBURGH, EH3 7DL Tel: +44 (0)131 240 5311 Fax: +44 (0)131 226 1284 Email: [email protected]
BUILDING 4, ALMONDVIEW, LIVINGSTON, EH54 5SF
• SHORT TERM LICENCE AGREEMENT AVAILABLE
• INGOING TENANTS PAY NO SOLICITOR FEES • EXTENDS TO NIA OF 267 SQ M (2,874 SQ FT)
BUILDING 4 ALMONDVIEW, LIVINGSTON OFFICE PREMISES LOCATION:
Livingston is a town in West Lothian, Scotland and lies approximately 15 miles west of Edinburgh and 30 miles east of Glasgow. The town of Livingston is bordered by the West Lothian area of Broxburn to the north east and Bathgate to the north west.
Livingston is the second biggest settlement in the Lothianʼs after Edinburgh and boasts an estimated population of 50,000.
More precisely, the subject property is situated within the Almondview Office Park which benefits from an ideal location adjacent to the A899, the main Livingston trunk road and immediately adjacent to The Almondvale Shopping Centre. The property can be accessed directly off Junction 3 of the M8, situated approximately 1/4 of a mile away. The exact location of the property can be highlighted in the OS extract below.
DESCRIPTION:
The subjects comprise a self contained, ground floor office premises forming part of a two storey modern office pavilion. Access to the property is gained via a shared full height glazed atrium and also benefits from an electronic telecom entry phone system.
Internally, the office accommodation comprises a mix of open plan and cellular office space, however, the cellular space within the office demise has been constructed by way of stud partitioning and therefore a conversion back to one large open plan office space is feasible.
ACCOMMODATION
We have measured the accommodation in accordance with the RICS Code of Measuring Practice 6th Edition and would estimate the following net internal area:-
Total:
LEASE TERMS:
267 sq m 2,874 sq ft
Our client is looking to assign their leasehold interest to which the salient points are as follows:Landlord: Sloan Group Lease Expiry: 18 July 2015 Passing Rental: £40,096 per annum Break Option: 18 July 2014 Repair: Full Repairing & Insuring
Alternatively, our client would sub-let their leasehold interest at the initial rental of £10.00 per sq ft for a flexible duration.
RATEABLE VALUE
In accordance with the Scottish Assessors Association (www.saa.gov.uk) we have been advised that the Rateable Value for the property is presently set at £38,900 whilst the Unified Business Rate is presently set at 45.8p, excluding water and sewage which are levied separately.
VAT
All prices quoted are exclusive of VAT however, the ingoing tenant will be responsible for any Stamp Duty Land Tax, registration dues and VAT incurred in connection with this transaction.
VIEWING AND FURTHER INFORMATION
Strictly via the sole letting agents, Messrs Graham + Sibbald, 11 Manor Place, Edinburgh, EH3 7DL. Tel: 0131 240 5311, Fax: 0131 226 1284.
CONTACT Graeme Millar Email: [email protected] Direct Dial: 0131 240 5290
DATE OF PUBLICATION June 2012
WITH OFFICES IN:
IMPORTANT NOTICE
•
ABERDEEN
•
GLASGOW
•
PAISLEY
•
DUNFERMLINE
•
INVERNESS
•
STIRLING
• • •
DUNDEE
EDINBURGH FALKIRK
• • •
HAMILTON
KILMARNOCK KIRKCALDY
• •
PERTH
WEYBRIDGE
Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client’s Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices.
OFFICE PREMISES
On the instructions of
CONTACT: Graham & Sibbald 11 Manor Place, EDINBURGH, EH3 7DL Tel: +44 (0)131 240 5311 Fax: +44 (0)131 226 1284 Email: [email protected]
BUILDING 4, ALMONDVIEW, LIVINGSTON, EH54 5SF
• SHORT TERM LICENCE AGREEMENT AVAILABLE
• INGOING TENANTS PAY NO SOLICITOR FEES • EXTENDS TO NIA OF 267 SQ M (2,874 SQ FT)
BUILDING 4 ALMONDVIEW, LIVINGSTON OFFICE PREMISES LOCATION:
Livingston is a town in West Lothian, Scotland and lies approximately 15 miles west of Edinburgh and 30 miles east of Glasgow. The town of Livingston is bordered by the West Lothian area of Broxburn to the north east and Bathgate to the north west.
Livingston is the second biggest settlement in the Lothianʼs after Edinburgh and boasts an estimated population of 50,000.
More precisely, the subject property is situated within the Almondview Office Park which benefits from an ideal location adjacent to the A899, the main Livingston trunk road and immediately adjacent to The Almondvale Shopping Centre. The property can be accessed directly off Junction 3 of the M8, situated approximately 1/4 of a mile away. The exact location of the property can be highlighted in the OS extract below.
DESCRIPTION:
The subjects comprise a self contained, ground floor office premises forming part of a two storey modern office pavilion. Access to the property is gained via a shared full height glazed atrium and also benefits from an electronic telecom entry phone system.
Internally, the office accommodation comprises a mix of open plan and cellular office space, however, the cellular space within the office demise has been constructed by way of stud partitioning and therefore a conversion back to one large open plan office space is feasible.
ACCOMMODATION
We have measured the accommodation in accordance with the RICS Code of Measuring Practice 6th Edition and would estimate the following net internal area:-
Total:
LEASE TERMS:
267 sq m 2,874 sq ft
Our client is looking to assign their leasehold interest to which the salient points are as follows:Landlord: Sloan Group Lease Expiry: 18 July 2015 Passing Rental: £40,096 per annum Break Option: 18 July 2014 Repair: Full Repairing & Insuring
Alternatively, our client would sub-let their leasehold interest at the initial rental of £10.00 per sq ft for a flexible duration.
RATEABLE VALUE
In accordance with the Scottish Assessors Association (www.saa.gov.uk) we have been advised that the Rateable Value for the property is presently set at £38,900 whilst the Unified Business Rate is presently set at 45.8p, excluding water and sewage which are levied separately.
VAT
All prices quoted are exclusive of VAT however, the ingoing tenant will be responsible for any Stamp Duty Land Tax, registration dues and VAT incurred in connection with this transaction.
VIEWING AND FURTHER INFORMATION
Strictly via the sole letting agents, Messrs Graham + Sibbald, 11 Manor Place, Edinburgh, EH3 7DL. Tel: 0131 240 5311, Fax: 0131 226 1284.
CONTACT Graeme Millar Email: [email protected] Direct Dial: 0131 240 5290
DATE OF PUBLICATION June 2012
WITH OFFICES IN:
IMPORTANT NOTICE
•
ABERDEEN
•
GLASGOW
•
PAISLEY
•
DUNFERMLINE
•
INVERNESS
•
STIRLING
• • •
DUNDEE
EDINBURGH FALKIRK
• • •
HAMILTON
KILMARNOCK KIRKCALDY
• •
PERTH
WEYBRIDGE
Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client’s Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices.
