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Unique Class 1A Premises, 1 Meadowbank Avenue, Edinburgh, EH8 7AP

740 Sq Ft / Retail / General Retail

For Sale - £160,000.00

Available - Last updated: 23 August 2024

The subjects comprise a ground and lower ground floor traditional premises of stone construction, contained as part of a larger 4-storey premises, surmounted by a pitched and slated roof. The premises benefits from excellent visibility via the return/double-frontage and full height display windows.

Internally, the subjects are currently presented to provide reception, waiting and treatment/studio space at ground floor level, with storage, staff, workshop and a W/C compartment all provided at lower ground floor level. A uniquely presented steel constructed mezzanine is access via stairs to the rear of the premises where further studio/workshop space is afforded.

Location

The subjects are located within the desirable and affluent area of Meadowbank, approximately 1.5 miles to the east of Edinburgh’s City Centre.

The subjects are found to be situated on an extremely prominent pitch on a return frontage between Meadowbank Avenue and Meadowbank Terrace, with the A1 London Road running directly adjacent to the building.

Accommodation

The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a net internal basis and is as follows:

Ground Floor - Sales, reception, waiting space, treatment - 37.52 sq m (404 sq ft)

Mezzanine - Studio, Workshop - 12.86 sq m (138 sq ft)

Lower Ground - Storage, staff, workshop, W/C - 18.34 sq m (197 sq ft)

Total - 68.72 sq m (740 sq ft)

Terms

PRICE: We are seeking offers over £160,000 for the outright purchase of our clients heritable interest.

ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request. The current rating is a G.

NON DOMESTIC RATES: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £6,000 per annum.

It should be noted under the terms of the Small Business Bonus Scheme, the property may be eligible for 100% rates relief.

PROPOSAL: All proposals to purchase the premises should be directed towards the sole selling agents at the below details.

LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.

VAT: All prices quoted are exclusive of VAT which maybe chargeable.

Specification

  • Opportunity to purchase unique class 1A premises in desirable Edinburgh district of Meadowbank
  • Premises situated over ground, basement and mezzanine levels
  • Ideal for owner occupation or investment purposes
  • Excellent passing vehicular trade and pedestrian footfall
  • Suitable for a variety of class 1A purposes
  • Offers over £160,000 (exclusive of VAT)

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers over For Sale Freehold £160,000.00 NA

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Contact agents

Oliver Lawson

DM Hall

0131 610 0575

Harry Pattullo

DM Hall

0131 610 0180

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