The subjects form the ground floor of a four-storey tenement building comprising residential units on the upper floors. The property benefits from a single window shop frontage and has a recessed entrance door.
Internally, the premises, which have been freshly decorated, offers a distinct front and back shop. There is a small internal recess towards the rear and a separate WC/tea prep area. There is a new fire alarm system and the lighting is fluorescent strip fittings.
Location
Gorgie Road is a mixed residential/commercial area situated approximately 2 miles west of Edinburgh city centre. It is a direct extension of Dalry Road which leads to the West End and Haymarket district.
Situated on the north side of the street in a continuous parade of retail units, the subjects are situated between Wheatfield Street and Smithfield Street. There is a wide range of commercial occupiers in the area including Scotmid, Costa Coffee, Boots and Greggs. Tynecastle Stadium, home to Heart of Midlothian FC, is only a short distance from the property.
There are excellent public transport links to the city centre and all other areas of Edinburgh from this location.
Accommodation
According to our recent measurement survey the subject comprise the following approximate net internal area:
39 sq m (420 sq ft)
Terms
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.
Specification
RENT
Our client is seeking £9,000 per annum plus VAT (£173 per week) to grant a new lease.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £5,800 effective 1st April 2017. The uniform business rate for the current year is 46.6 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.
UTILITIES
The property has supplies of mains water and electricity.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate is pending.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.
ENTRY
On completion of legal formalities.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, Allied Surveyors Scotland plc.