454 gorgie road edinburgh eh11 2rn
Transcription
454 gorgie road edinburgh eh11 2rn
ON THE INSTRUCTIONS OF VOLKSWAGEN GROUP LTD DUE TO RELOCATION TO EDINBURGH’S LUXURY CAR VILLAGE (NEWBRIDGE) 454 GORGIE ROAD EDINBURGH EH11 2RN TO LET / LEASE FOR SALE PROMINENT MODERN CAR SHOWROOM 1.93 ACRES (0.78 HA) APPROX. 1,918 SQ M (20,643 SQ FT) APPROX. 454 GORGIE ROAD EDINBURGH EH11 2RN LOCATION ACCOMMODATION The property has a prominent main road position on Gorgie Road (A71), one of the main arterial routes running from Central Edinburgh to the City Bypass, the south-west and north-east. The property is less than 2 miles from Edinburgh City Centre and is in a mixed use location. We estimate that the accommodation extends to the following: Occupiers in the close vicinity include J Sainsbury’s, Richard F Mackay, Lidl and McDonalds. Sq M Sq Ft Showroom 695 7,480 Workshop 844 9,084 Parts/Admin 311 3,347 68 731 1,918 20,643 Amenity (First Floor) DESCRIPTION The subjects comprise a stand-alone car showroom and workshop facility, together with a large service yard and forecourt display area. The subjects comprise a total site extending to 1.93 acres (0.78 ha) or thereby. Total SITE LAYOUT INDICATIVE LAYOUT ONLY SITE: 1.93 acres (0.78 ha) ACCOMMODATION: 1,918 SQ M (20,643 SQ FT) VACANT POSSESSION The subjects are held on a lease to Volkswagen Group until 3 September 2026. The passing rental is £290,000 per annum exclusive. The next rent review is due on 9 March 2011. RATING ASSESSMENT The property is currently assessed as a showroom with a rateable value of £213,000. The current rates poundage is 41.1p/£. VAT All prices, rents, premiums etc quoted are exclusive of VAT. DATE OF ENTRY The date of entry and vacant possession will be offered in Quarter 1 2012. Edinburgh Airport Corstorphine D AD RO RD ON HT UG SA OAD IE R RG O G CH ES S LO NGSTONE RD ER E AV A71 M8 J1 SL AT EF OR Gogar AD EDINBURGH CITY CENTRE R O AD PHINE A8 CORSTOR Morningside RO AD atho LA A7 0 Colinton K AR LAN 0 A7 A RO D D Currie ST WE R ON ST MI OM ER Riccarton AD RO 2C A 70 A71 LD CA NA RK Hermiston Juniper Green A720 CITY BYPASS Balerno 454 GORGIE ROAD EDINBURGH EH11 2RN VIEWING & FURTHER INFORMATION Please contact the sole letting agents: Colliers International 39 George Street Edinburgh EH2 2HN Tel: 0131 240 7500 Fax: 0131 240 7599 Bryce Stewart bryce.stewart@colliers.com Patrick Hannay patrick.hannay@colliers.com Misrepresentation: Colliers International give notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, or Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International, or its joint agents, has any authority to make any representation or warranty whatever in relation to this property. Colliers International is an independently owned and operated business and member firm of Colliers International Property Consultants, a worldwide affiliation of independently owned real estate service businesses, with 267 offices in 57 countries. November 2010.