165, Lothian Road, Edinburgh, EH3 9AB

LOCATION

The corner unit is prominently located on the east side of Lothian Road between the junctions of Bread Street to the north and East Fountainbridge to the south within the Tollcross district of Edinburgh. Lothian Road is a main vehicular thoroughfare that leads a high volume of traffic towards Princes Street & Edinburgh-s main city centre commercial facilities.

Lothian Road contains a number of well-established retailing parades which are represented by a mix of local & national occupiers with a strong element of retail and leisure uses. Neighbouring occupiers include Superdrug, William Hill, Ali-s Cave, Indigo Sun, Costa Coffee and Poundland.

DESCRIPTION

The property comprises a category B listed multi-windowed corner premises arranged over the ground & basement floors of a 4-storey & basement traditional tenement building.

Internally the subjects comprise an open plan space with a rear store and disabled WC on the ground floor. The basement comprises an extensive space suitable for a variety of uses including a private dining space, bar, kitchen, staff accommodation, or further storage.

The property was formally a bank (class 2) and more recently has been granted restaurant (class 3) consent therefore could be occupied as a restaurant, office, or retail unit. The property further benefits from a prime return frontage on two extremely busy commercial thoroughfares.

PLANNING

Class 3 planning consent has been granted.

https://citydev-portal.edinburgh.gov.uk/idoxpa-web/applicationDetails.do?keyVal=Q4538IEWFJ900&activeTab=summary

LEASE TERMS

The subjects are being offered on a full repairing and insuring basis for a term to be agreed incorporating regular rent reviews at offers over £55,000 per annum.