The premises are currently laid out to provide a convenience store. The subjects comprise the ground floor and basement of a two storey and attic stone built traditional property under a pitched and slated roof.
The property comprises a triple fronted retail unit. Internally it is well laid out to a good standard and comprises a large sales area with a flexible layout to suit a number of occupiers. The area is compartmentalised to give clearly defined areas to suit a new tenant’s flexible requirements.
In the basement area there is ample storage along with toilet facilities.
Location
The property is strategically located in the Colinton Village area of Edinburgh approximately 3 miles south west of the city centre. The location offers excellent footfall, good local trade and a throughput of traffic heading into the city centre.
Other occupiers in the area include local shops and galleries, solicitor and dentists, as well as local cafes, bars and restaurants. The local trade emanates from a high volume of quality residential units and two army barracks which are located close by.
Accommodation
The premises have been measured in accordance with RICS Code of Measuring Practice - 6th Edition. The net internal floor areas have been calculated as being approximately as follows:
Ground floor - 82.56 sq.m. (888 sq.ft.)
Basement - 35.36 sq.m. (380 sq.ft.)
Total NIA - 117.92 sq.m. (1269 sq.ft.)
Terms
RATING ASSESSMENT - From reference to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £21,300.
Price - Offers over £200,000 are invited for the heritable interest with the benefit of vacant possession.
ENERGY PERFORMANCE - A copy of the Energy Performance Certificate is available upon request, however, the rating is F.
Comment - A rare opportunity to acquire the heritable interest either for owner occupation or for investment purposes in the sought after Colinton village of Edinburgh. The footfall has increased considerably following the recent opening of the Coop food store.
VAT - All prices quoted are exclusive of VAT.
LEGAL COSTS - Each party will be responsible for paying their own legal costs incurred in this transaction.
Specification
- Highly Visible Retail Unit in Local Shopping Parade
- Busy Affluent Residential Area
- Ground + Basement NIA: 118sq.m/1,269sq. ft
- Offers Over £200,000 (Vacant Possession)