The subjects comprise ground floor retail / office space of stone construction surmounted by a pitched and slated roof. The subjects benefit from two pedestrian access doors to the front with large glazed windows. Internally, the subjects offer open plan retail / office space with two cellular office rooms. The WC's and staff area are located to the rear. Lighting is afforded via down lights and natural lighting is afforded via the double glazed timber frame windows. The subjects benefit from electric storage heating.
( Agency Pilot Software ref: 48885 )
Location
Morningside is an affluent neighbourhood two miles south of the city centre. The premises are situated on Morningside Road, one of the principal arterial roads between the bypass and city centre, with the road benefitting from substantial passing trade. The property is situated within the Morningside area of Edinburgh which is located approximately 2 mile south of the city centre. The area is a popular retail/residential area. More specifically, the premises sit in a prominently location on Morningside Road within an established retail location. Surrounding occupiers include Marks and Spencer, Waitrose, Boots, Café Nero, Santander, TSB and The Merlin.
Accommodation
Ground 91.92sq m ( 989sq ft )
Terms
RENT The subjects are offered on a full repairing and insuring basis at rent of £33,750 per annum exclusive of VAT.
RATEABLE VALUE In accordance with the Scottish Assessors Association we have been advised that the subjects have a rateable value of £28,200. The current rate poundage is 0.498/£1.00 (April 2020/2021).
LEGAL EXPENSES AND VAT Each party is to bear their own legal costs and the ingoing tenant will be responsible for the land and buildings transactional tax, registration dues and VAT incurred in connection with this transaction.
EPC Rating G
Specification
• Situated in the heart of Morningside
• Well-presented retail / office unit
• Highly sought-after Location
• Lease remaining until November 2024
• High levels of pedestrian and vehicle traffic
• Rental £33,750 per annum exclusive of VAT
• Extends to 91.92 Sq M / 989 Sq Ft
• Sublease/Assignation