Livingston North and Livingston South Railway Stations (21 mins direct to Edinburgh)
Air
Edinburgh International Airport (8 miles)
Situation
Livingston is Scotland’s fourth New Town and the administrative centre for West Lothian, located adjacent to junctions 3 and 3A of the M8 Motorway. The town has attracted occupiers such as Glenmorangie, Johnson & Johnson, Quintiles, Sky, Heineken and Mitsubishi. Almondview Office Park is strategically located on the north side of Almondvale Road off Livingston Road (A899), close to the A71.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
15 miles west of Edinburgh, 30 miles east of Glasgow
Livingston North and Livingston South Railway Stations (21 mins direct to Edinburgh)
Air
Edinburgh International Airport (8 miles)
Situation
Livingston is Scotland’s fourth New Town and the administrative centre for West Lothian, located adjacent to junctions 3 and 3A of the M8 Motorway. The town has attracted occupiers such as Glenmorangie, Johnson & Johnson, Quintiles, Sky, Heineken and Mitsubishi. Almondview Office Park is strategically located on the north side of Almondvale Road off Livingston Road (A899), close to the A71.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a modern, detached two storey office building which benefits from double glazing, suspended ceilings, raised floors, comfort cooling and the right to park approximately 27 cars.
Six week completion
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern, detached two storey office building which benefits from double glazing, suspended ceilings, raised floors, comfort cooling and the right to park approximately 27 cars.
Six week completion
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground (right wing)
Office
268.69 sq m
(2,892 sq ft)
INGEUS UK LIMITED (1)
Approx 8 years & 6 months from 01/09/2009 (2)
£41,000
18/03/2018
Ground (left wing)
Office
265.23 sq m
(2,855 sq ft)
VACANT POSSESSION
First
Office
537.43 sq m
(5,785 sq ft)
VACANT POSSESSION
Totals
1,071.35 sq m
(11,532 sq ft)
£41,000
(1) Ingeus UK is a leading provider of people-centred services, such as employability programmes, skills training and health-related support and operates from over 80 offices, employing 1,600 people. (Source: www.ingeus.co.uk) For the year ending 31st December 2014, Ingeus UK Limited reported a turnover of £145,537,000, pre-tax profits of £12,811,000 and a total net worth of £18,040,000. (Source: www.riskdisk.com 18/02/2016) (2) The property was originally let for a term of years from 9th September 2009 expiring 4th October 2015 at a rent of £41,000 p.a.x. By way of a deed of variation dated 14th September 2015, the lease was extended so the lease now expires 18th March 2018 with a tenant option to determine on 18th March 2017.
