The subjects comprise an open plan retail unit arranged over the ground floor of a 3 storey traditional stone built tenement. The property benefits from a front shop, back shop, tea preparation area, storeroom and WC facilities. The french doors at the rear of the property provide access into a communal garden and creates an extremely bright and welcoming space. The property would be suitable for a variety of uses subject to the necessary consents.
Location
The property is situated within the Blackhall district of Edinburgh, approximately one miles north west of Edinburgh city centre. Seaforth Terrace is a continuation of Queensferry Road which is the main vehicular route from the Queensferry Crossing into the city centre. Blackhall is an affluent residential area comprising a mixture of commercial occupiers including, Aitken & Niven, Cloudberry Gift & Coffee Shop and Angus Gordon Hair and Beauty.
Accommodation
Ground Floor 75.47 sq m (812 sq ft )
TOTAL 75.47 sq m ( 812 sq ft )
Terms
PRICE The subjects are offered on a full repairing and insuring basis for a new lease, incorporating regular rent reviews at an initial rent of £18,000 per annum.
RATEABLE VALUE The subjects are entered in the current Valuation Roll at a rateable value of £15,000 which will allow for 100% rates relief subject to the tenants other commercial properties, if any. Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 6 months of the beginning of the tenancy.
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.
EPC Released on application
Specification
- SITUATED IN THE BLACKHALL DISTRICT OF EDINBURGH
- DOUBLE WINDOWED FRONTAGE
- OFFERS OVER £18,000 PER ANNUM
- PREMISES EXTENDS TO 75.47 SQM / 812 SQFT
- 100% RATES RELIEF SUBJECT TO TENANT CIRCUMSTANCE
- HIGH LEVEL OF VEHICULAR PASSING TRAFFIC LEADING INTO THE CITY CENTRE
- SUITABLE FOR A VARIETY OF USES SUBJECT TO THE NECESSARY CONSENT