* 3 clear car park spaces
* Rarely available opportunity for office occupiers, residents or investors
* Close to offices, shops, bars and restaurants
* Offers over £145, 000
**Location
**
Rutland Court Lane is situated behind Rutland Square in Edinburgh City Centre
only a short walk from Princes Street.
Specifically, it is just off Canning Street which connects Shandwick Place
with the Western Approach Road - a principal route leading to and from west
Edinburgh.
The surrounding area is mixed residential and commercial with nearby business
occupiers include Lindsays llp, Anderson Strathearn Solicitors, Atkins and
Thomson Reuters.
**Description
**
The subjects comprise 3 clear car parking spaces forming a level and paved
portion of ground with stone wall perimeter.
This represents an excellent opportunity for local office occupiers, residents
or investors to purchase dedicated car parking spaces in a central location.
The subjects will be sold with vacant possession.
**Terms
**
Heritable (Scottish equivalent to English freehold).
**Price
**
Our client is seeking offers over £145, 000 exclusive of VAT.
**Rateable value
**
According to the Scottish Assessor’s website () the subjects have three
entries to the Valuation Roll: 7A/1 - £2, 100; 7A/2 £2, 100 and 7A/3 £2, 100
effective 1st April 2023. The uniform business rate for the current year is
£0. 498 pence in the pound.
Occupiers may be eligible for 100% 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.
**Anti - money laundering
**
The Money Laundering, Terrorist Financing and Transfer of Funds (Information
on the Payer) Regulations 2017 came into force on 26th June 2017. This now
requires us to conduct due dilligence not only on our client but also on any
purchasers or occupiers. Once an offer has been accepted, the prospective
purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity
and residence and proof of funds for the purchase, before any transaction can
proceed.
**Legal costs
**
Each party shall bear their own legal costs with the eventual purchaser liable
for any LBTT and Registration Dues.
**Viewing and further information
**
By contacting the sole selling agent:
Iain W. Mercer ba, AssocRICS
Director of Commercial Agency (East /
Bernadetta Majewska BSc (Hons)
Graduate Commercial Surveyor /

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