The property consists of a ground floor mid-terraced retail unit as part of a larger 3 storey and basement traditional tenement building of stone construction, surmounted by a pitched and slated roof.
The subjects benefit from a full height timber framed and single glazed display window to the front that affords good natural light into the premises, with access to the unit taken through a timber framed and single glazed recessed double entrance door to the right.
Internally, the subjects are laid out to provide an open plan sales area to the front with further sales space and a small kitchenette to the rear, with basic W/C accommodation present to the middle of the premises.
The floors throughout are constructed of suspended timber with a laminate overlay, the walls are solid with a plastered and painted finish and the ceiling is finished with a plaster and paint overlay. Artificial lighting throughout is provided by a combination of pendant lights and recessed spotlights which were present to the very front of the unit. The small kitchenette to the rear consists of base mounted units with a stainless steel wash basin and sits to the right of the rear sales area.
Location
The property is situated on the northern side of William Street, in between Manor Place and Walker Street, which both provide access to and from the areas of Haymarket, Shandwick Place and Edinburgh’s City Centre.
The West End is a popular area of Edinburgh that is mixed in character with retail, office, leisure/hospitality and residentiual occupiers within the surrounding vicinity. The property is therefore ideally located to benefit from the surrounding office and residential catchment area.
Surrounding occupiers to the premises include Laura’s Kitchen, Jessica Buckley Interiors, Lily Luna Jewellery and Denzil Skinner and Partners.
Accommodation
We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition. From our measurements taken on site we have calculated the net internal area of the subjects to be in the order of:
36.38 sq.m ( 392 sq.ft )
Terms
RENT - Our clients are seeking offers over £13,000 per annum on a Full Repairing and Insuring lease for a negotiable period.
RATES - According to the Scottish Assessors Association website the property has a current rateable value of £10,400 per annum, meaning that any potential occupiers could benefit from 100% rates relief in line with the Small Business Bonus Scheme.
VAT - The prices quoted are exclusive of VAT which may be chargeable.
LEGAL COSTS - Each party will be responsible for their own legal costs.
Specification
- Attractive Ground Floor Retail Unit
- Located on Sought After Street in the West End of Edinburgh
- Extending to 36.38 sq.m (392 sq.ft)
- Offers over £13,000 per annum