Commercial property to let in Royal Park Place, Meadowbank, Edinburgh EH8

Unit 15 Royal Park Place, Edinburgh EH8 8HZ
to let: Class 5, (workshop)

Location

The subjects are located in Royal Park Place close to Holyrood Park, situated just back from the Main adjoining roads of Royal Park Terrace and Spring Gardens that lead to The Royal Mile and Meadowbank respectively.
Holyrood Park is a very popular area in Edinburgh with lots of residential flat and student housing as well as Meadowbank Retail Park. The workshops location is very central and provide easy access to routes all over Edinburgh, ideal for customers and deliveries etc
There is no shortage of regular bus links to destinations across Edinburgh nearby.

Description

The subjects are Workshop use and configured over the ground floor forming part of a parade of purpose built light industrial units in the heart of the city centre with good signage space to promote your business above a timber entrance door, there is also the addition of a neat and tidy roller shutter allowing 3m x 3m access.
Internally the unit is in good condition with light painted walls, good ceiling heights over 3m and the floor is concrete that has been painted with grey workshop floor paint, and there are plenty of electrical sockets throughout, The Workshop has a small office area and WC facilities.
The Unit has Phase 3 Electricity.

Accomodation

According to our recent measurement survey, the subjects comprise of the following approximate net internal area:
Total 120 sq M (1,292 sq ft)

Rent

Our clients would consider a rent of £18,000 per annum to let the premises on a new Full Repairing and Insuring (Fri) lease for a minimum 5-year period or more.

Services

The property is served by mains water and electricity.

Energy performance rating

The Energy Performance Certificate (EPC) rating is A according to the EPC Register Scotland.

Rateable value

According to the Scottish Assessors website () the subjects have a Rateable Value of £7,100. The uniform business rate for the current year is £0.49 pence in the pound (as of April 2023).
Occupiers may be eligible for rates relief through the Small Business Bonus scheme if the combined Rateable value of all their business premises in Scotland is £35,000 or less.

Legal costs

Each party is responsible for their own legal and costs incurred in the preparation, negotiation, and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.

Entry

Upon completion of a formal missive under Scots Law.

Viewing and further information

By appointment through the sole letting agent, ime djk Group Ltd.
EPC rating: A. Council tax band: X