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Unit 7a, Elm Court

To Let £15,500 per annum.
Property Details

EH45 9BU

To Let £15,500 per annum.
Offices
Description

To Let: Adaptable first floor offices / units

Offices - Peebles

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LOCATION

Calvary Park is a modern business park situated on the south side of the River Tweed on the eastern edge of Peebles, which lies approximately 25 miles south of Edinburgh City centre. Peebles town centre provides many shops, restaurants, hotels and recreational facilities, in addition to banks and a post office.

DESCRIPTION

Cavalry Park consists of a mix of owner-occupied and tenanted office, storage, retail and light industrial units and businesses. Unit 7a Elm Court was built in 2007 / 2008 and consists of the first floor of the western half of a 2-storey block. The block is constructed of steel portal frame with part concrete block walls and fully insulated outer cladding and roofing. Internally, the walls are part blockwork, with lightweight partition walls forming the current layout, but easily adaptable. The flooring is suspended steel and concrete at first floor level.

The unit benefits from double-glazed windows throughout, wheelchair lift and alarm system. 6 allocated car parking spaces are also available to the west and north of the building.

ACCOMMODATION

Ground Floor: Own door access to entrance hall with staircase; rear hall with lift.

First Floor: Landing with secured entry door leading into hall with lift. 2 offices; main store; smaller storage room; kitchenette; and toilet facilities including wheelchair access toilet. Gross Internal Area of approximately 161.32 sqM (1,736 sqft).

SERVICES

Mains electricity, water and drainage. Mains gas central heating (shared with unit 7). Security alarm system. Fire detection system. Cat 5 wiring throughout.

RATING

The Scottish Assessors Association have entered the subjects in the current Valuation Roll as an Office (Unit 7a) with a Rateable Value £10,600.

The unit may qualify for Small Business Rates Relief at the rate of 100% relief. The 2018 / 2019 non-domestic rate is £0.48 exclusive of water and sewerage charge

TERMS

Our clients are willing to sell the unit either as a whole (with unit 7) or as separate units or enter into a standard Full Repairing and Insuring Lease as a whole or separate units for a term to be agreed.

ASKING PRICES

  1. Sale

Offers over £325,000 for the purchase of the units as a whole, or £170,000 for Unit 7 and £155,000 for Unit 7a.

  1. Rent

An annual rent of £33,500 is sought for the whole, or £18,000 for Unit 7 and £15,500 for Unit 7a.

LEGAL COSTS

Each party to bear their own legal costs for the documentation of this transaction, however, if let, the ingoing tenants will be liable for any SDLT, Registration Dues and any VAT incurred thereon.

EPC

Energy Performance Certificates are available from the selling agents.

Unit 7a: EPC rating – Band D (49)

ENTRY

By mutual agreement.

VAT

All prices, rents and outgoings are quoted exclusive, but may be liable to VAT.

VIEWINGS AND FURTHER INFORMATION

For further information or to arrange an appointment to view please contact Walker Scott Ireland Ltd. Viewing is strictly by appointment. Interested parties are advised to note interest with Walker Scott Ireland Ltd in order to be kept informed of any closing date that is set. Please note, our client need not accept the highest offer, nor indeed any offer. To comply with current Anti-Money Laundering Regulations, any offer presented must be accompanied with Notarised/certified photographic evidence of the purchaser’s identity and separate evidence of the purchaser’s residential address, or the offering parties must attend our offices with the original documents, before any acceptance of the offer can be confirmed.

Property Features
  • Offices
Map

Contact Us

Walker Scott Ireland Ltd.
82 High Street,
Peebles,
Scottish Borders
EH45 8SW
Tel: 01721 721669
Email: enquiries@walkerscottireland.com
Company Number SC500115
Regulated by RICS
 

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