Retail / Office Premises To Let, 82 Newington Road, Edinburgh, EH9 1QN

The subjects comprise a multi-windowed flat roofed retail unit arranged over the part ground and basement floors. Internally the property consists of an open plan retailing space with small office, staff room, stores and WC facilities while the basement consists of further storage facilities. Nearby occupiers include Signage Stationary, Mov8 Estate Agents and The Mockingbird Bar & Kitchen.

Location

The property is located on the west side of Newington Road between the junctions of West Newington Place to the north and Salisbury Place to the south within the Newington district of Edinburgh, approximately 1 miles to the east of the city centre. Newington Road forms part of the A701 trunk road which leads a high volume of traffic from Cameron Toll in the south towards the east end of Princes Street via the North and South Bridges

Accommodation

We calculate that the subjects extend to approximately;

Ground Floor 78.22m2 (42ft2)

Basement 48.58m2 (23ft2)

Total: 126.81m2 (1,365ft2)

Terms

RATEABLE VALUE
The subjects are entered in the current Valuation Roll at a rateable value of £12,700 per annum. Please note, a new tenant or occupier of a property has a right to appeal this rateable value within 6 months of the beginning of the tenancy agreement and this property may also be applicable for small business rates relief.

LEASE TERMS
The subjects are also being offered on a full repairing an insuring basis for a term to be agreed incorporating regular rent reviews at offers over £13,500 per annum.

EPC Released on application

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 ingoing tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.

ENTRY
By mutual agreement.

Specification

• Offers over £13,500 per annum
• Prominent frontage on busy secondary retail parade
• Unit extends to 126.81m2 (1,365ft²)
• Located in the Newington District of Edinburgh
• High vehicular and pedestrian passing trade
• Class 1 retail & Class 2 office consent