Prominant roadside location in popular East Lothian town
6,810 sq ft with on-site car parking
Longstanding occupiers
Asset management opportunities
Lot 55
Auction 24th October 2019
Rent £35,964 per Annum Exclusive
Status Sold Prior
Price
Sector Office
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
Property Information
Location
Miles
13 miles east of Edinburgh
5 miles east of Musselburgh
40 miles north-west of Berwick upon Tweed
Roads
A1, B1348, A198
Rail
Prestonpans (13 mins to Edinburgh Waverley)
Longniddry (20 mins to Edinburgh Waverley)
Edinburgh Waverley (East Coast mainline)
Air
Edinburgh Airport
Situation
Cockenzie is a residential/commercial suburb, located 13 miles east of Edinburgh, 5 miles east of Musselburgh and 40 miles north-west of Berwick upon Tweed. The town is well connected with the A1 1 mile to the south. The train stations of Longniddry and Prestonpans are located within 3 and 2 miles respectively, providing direct links to Edinburgh Waverley Station. The property is located at the northern end of the town in a corner position on the north side of Edinburgh Road, at its junction with School Lane.
Tenure
Heritable. (Scottish equivalent of English Freehold)
Location
Miles
13 miles east of Edinburgh
5 miles east of Musselburgh
40 miles north-west of Berwick upon Tweed
Roads
A1, B1348, A198
Rail
Prestonpans (13 mins to Edinburgh Waverley)
Longniddry (20 mins to Edinburgh Waverley)
Edinburgh Waverley (East Coast mainline)
Air
Edinburgh Airport
Situation
Cockenzie is a residential/commercial suburb, located 13 miles east of Edinburgh, 5 miles east of Musselburgh and 40 miles north-west of Berwick upon Tweed. The town is well connected with the A1 1 mile to the south. The train stations of Longniddry and Prestonpans are located within 3 and 2 miles respectively, providing direct links to Edinburgh Waverley Station. The property is located at the northern end of the town in a corner position on the north side of Edinburgh Road, at its junction with School Lane.
Tenure
Heritable. (Scottish equivalent of English Freehold)
Description
The property comprises a building of traditional sandstone construction arranged over two floors with a large entrance area. The former school provides a mixture of office and light industrial space. There is on-site car parking at the front of the property. The property is currently run as a business centre and is let on licence agreements.
VAT
VAT is applicable to this lot.
Planning
The property may benefit from conversion to residential use, subject to the current occupation and the necessary consents/permissions. Interested parties are referred to www.edinburgh.gov.uk
Viewings
Please contact Mhairi Jarvis (07718 899341)
EPC
Band E. See legal pack at acuitus.co.uk
Description
The property comprises a building of traditional sandstone construction arranged over two floors with a large entrance area. The former school provides a mixture of office and light industrial space. There is on-site car parking at the front of the property. The property is currently run as a business centre and is let on licence agreements.
VAT
VAT is applicable to this lot.
Planning
The property may benefit from conversion to residential use, subject to the current occupation and the necessary consents/permissions. Interested parties are referred to www.edinburgh.gov.uk
Viewings
Please contact Mhairi Jarvis (07718 899341)
EPC
Band E. See legal pack at acuitus.co.uk
Tenancy & Accommodation
Unit
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
1
41.53 sq m
(447 sq ft)
JOHN GREEN t/a Opal Personal
6 month rolling licence
£5,760
2B
26.85 sq m
(289 sq ft)
SCOTT DAVID
Monthly rolling licence
£1,920
4
33.26 sq m
(358 sq ft)
SUZANNE HAUGHEY
6 month rolling licence
£4,200
5A
20.62 sq m
(222 sq ft)
ASBESTOS SURVEYS AND ADVICE LIMITED
6 month rolling licence
£3,480
6
39.95 sq m
(430 sq ft)
ANDREW CRUMMY
6 month rolling licence
£5,700
8
17.09 sq m
(184 sq ft)
LYNSEY SHIELLS
Monthly rolling licence
£1,860
9A
13.94 sq m
(150 sq ft)
LAURA THOMSON
6 month rolling licence
£2,400
11
34.19 sq m
(368 sq ft)
GREENTRAX RECORDINGS LIMITED
6 month rolling licence
£3,960
M1
18.49 sq m
(199 sq ft)
DOUGLAS McNEILL
Monthly rolling licence
£2,280
M2
14.21 sq m
(153 sq ft)
MARY O’NEIL
6 month rolling licence
£2,340
STORE 1
9.29 sq m
(100 sq ft)
STUART McALPINE t/a Kingston P
6 month rolling licence
£1,584
STORE 2
9.29 sq m
(100 sq ft)
ASBESTOS SURVEYS AND ADVICE LIMITED
6 month rolling licence
£120
MB1
STUART McALPINE t/a Kingston P
6 month rolling licence
£360
3, 5B, 7, 9B, 10, 12, 14, Store 2A
353.95 sq m
(3,810 sq ft)
VACANT
Total
632.66 sq m
(6,810 sq ft)
£35,964
Contacts
Seller's Solicitors
Curle Stewart 189 St Vincent Street Glasgow G2 5QD