Heritable Business Centre Investment
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.
Heritable. (Scottish equivalent of English Freehold)
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 is applicable to this lot.
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
Please contact Mhairi Jarvis (07718 899341)
Band E. See legal pack at acuitus.co.uk
| 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 | ||
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