The subjects comprise a ground floor category A listed class 1A premises of traditional stone construction, contained within a larger 3-storey and attic building, surmounted by a mix of pitched and mansard style roof with slate coverings. The premises sits on the return frontage over Fountainbridge and Grove Street and benefits from excellent visibility with display windows all around.
Internally, the subjects comprise open plan sales space to the front/upon entry, with further sales/storage/staff space located to the rear left, with a single W/C compartment noted to the back of the unit. The premises has been decorated tastefully throughout with various fittings and decorations made by the previous tenant.
Location
The subjects are located in the Edinburgh district of Fountainbridge/Tollcross, which lies to the south west of the city centre. The area is mixed in nature with a considerable variety of retail, offices, student accommodation, leisure, hospitality and residential dwellings, all located within the immediate vicinity.
The premises itself is located directly on the corner of Fountainbridge and Grove Street, with Edinburgh’s primary entertainment centre Fountain Park, located and approximately 250m to the west and Lothian Road approximately 450m to the east.
Accommodation
The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a net internal basis and is as follows:
Ground Floor - Sales, staff, storage, W/C - 59.02 sq m (635 sq ft)
Terms
SERVICES: We understand the premises to benefit from mains electricity, water and sewerage.
LEASES TERMS: The subjects are available on a new Full Repairing and Insuring lease agreement with an asking rental of offers over £16,500 per annum.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request. The rating is #
NON-DOMESTIC RATES: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £8,500 per annum.
It should be noted under the terms of the Small Business Bonus Scheme, the property may be eligible for 100% rates relief.
PROPOSAL: All proposals to lease should be directed towards the sole leasing agents at the below details.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.
VAT: All prices quoted are exclusive of VAT which maybe chargeable.
Specification
- Highly visible and excellently located class 1A premises
- Situated in desirable Tollcross/Fountainbridge district
- Previously occupied by well-established plant and coffee shop
- Tastefully decorated interior with historic exterior building and stonework features
- Suitable for all class 1A uses
- Offers over £16,500 per annum (exc. of VAT)