The subjects comprise a double windowed lock up premises, which benefits from a hot food takeaway consent, arranged over the part ground and basement floors of a single storey and basement mid terraced brick built property surmounted under a flat felt roof.
Internally, the ground floor comprises an open plan sales counter with a kitchen area and wc compartment to the rear. The basement comprises two rooms which can be used as storage. The subjects large glazed frontage encourages significant exposure for pedestrians and vehicular passing traffic. The property would be suitable for a variety of uses subject to the necessary consents.
Location
The property is located on the west side of Morningside Road between the junctions of Albert Terrace to the north and Morningside Road to the south within the highly sought after Morningside district of Edinburgh. This location is situated approximately 1.5 miles south of Edinburgh’s city centre and is well connected with an abundance of bus routes regularly servicing the area.
Morningside Road benefits from high levels of footfall and passing traffic & acts as a main throughfare from the south side of the city towards the city centre within a bustling secondary retail parade. The surrounding area hosts a mix of local, national and independent traders including The Ghurkha, Chinese Doctor, Studio One, Specsavers & Dingwall Fabrics.
Accommodation
Ground Floor - 49.73 sq m (535 sq ft)
Basement Floor - 54.13 sq m (583 sq ft)
TOTAL - 103.86 sq m (1,118 sq ft)
The above floor areas have been calculated on a Net Internal Floor Area basis in accordance with the RICS Code of Measuring Practice (6th Edition).
Terms
Lease Terms - The subjects are offered on a full repairing and insuring basis for a term to be agreed incorporating regular rent reviews.
Rent - Rental price upon application.
Rateable Value - The subjects are entered in the current Valuation Roll at a rateable value of £18,100 resulting in net annual payable rates of approximately in £9,013 payable.
Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 4 months of the beginning of the tenancy.
Energy Performance Certificate - An Energy Performance Certificate is available upon request.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
Legal Costs - Each party to bear their own legal costs in the documentation of this transaction; however the in-going tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.
Specification
- Located in the affluent Morningside district of Edinburgh
- Rental price upon application
- Prominent frontage on established secondary retail parade
- Benefits from high levels of footfall and vehicular passing traffic
- Premises extend to 103.86 sqm (1,118 sqft)
- Arranged over ground and basement floors
- Suitable for a variety of occupiers