The subjects comprise a self-contained ground floor retail unit forming part of a traditional Edinburgh tenement with residential above.
Internally, the unit is compact but has a good lay out, and it feel spacious inside. The front shop is currently a retail area with a large display window and double entry doors; the front area is tastefully decorated. The WC and a large storage cupboard are just behind the front shop either side of a small corridor leading to the back office. The back office is bright and airy with a large window to the rear; there is also a kitchenette/tea prep area concealed in a unit with high doors.
This is an excellent unit that would suit a variety of occupiers.
Location
The subject premises are located in William Street which lies in the ‘West End’ area of Edinburgh City Centre and connects to the junc-tions of Manor Place to the west and Walker Street to the east. The unit is located centrally on the north side of the street.
The tram and bus stops are a 5-minute walk away from the shop providing easy access for clients or customer visits. William Street and the West End offer a delightful blend of heritage, culture, and contemporary charm. This vibrant neighbourhood beckons locals and visitors alike with its picturesque, cobbled roads, eclectic boutiques, and a plethora of dining options.
Accommodation
According to our recent meas-urement survey, the premises comprise of the following approx-imate net internal area:
Total: 37 sq. m (398 sq. ft)
Terms
Lease Terms - Our clients are seeking £8,000 per annum to let the premises on a new Full Repair-ing and Insuring (FRI) lease for a term to be agreed.
Rateable Value - According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £9,800. The uniform business rate for 2023 is £0.49 pence in the pound.
EPC - The Energy Performance Certifi-cate rating is currently pending
Utilities - The property is served by mains electricity, Gas and water.
Entry - Upon completion of a formal missive under Scots Law.
Legal Costs - Each party is responsible for their own legal and costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.