The subjects comprise a Class 1A premises arranged over the ground floor of a two-storey mid terrace stone build, under a pitched and slated roof. The property benefits from a large double-glazed frontage, allowing for excellent branding opportunities. The accommodation comprises of a reception area, with portioned office rooms as well as a staff area, store & WC facility to the rear. Internally, the property is finished to a high standard and would suit a variety of occupiers subject to the necessary planning consent.
Location
Loanhead is a popular Midlothian town located just south of the City of Edinburgh Bypass, which circles around the south of Edinburgh, providing efficient transport links into Edinburgh as well as a link to the A1. The subjects benefit from being positioned on Clerk Street, which is known as the main commercial throughfare that runs through the town. More specifically, the property is positioned on the south side of Clerk Street with close proximity to the busy junction where Clerk Street meets Loanhead High Street. Additionally, the area benefits from a high volume of passing pedestrian and vehicle trade & free parking immediately outside. Clerk Street is home to a variety a local and national occupiers including Hillview Healthcare Limited, Turkish Barber, Scotmid & Tru’ Loaf Home Bakery Ltd.
Accommodation
Premises extend to 54.02 sqm (581 sqft)
Terms
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.
Lease Terms The subjects are held on a full repairing and insuring basis, with the lease expiring 11th October 2028.
Rent The rent is currently £11,000 per annum.
Rateable Value The subjects are entered in the current Valuation Roll at a rateable value of £8,200 which will result in no rates 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
Specification
- Located in Loanhead’s main commercial thoroughfare
- Passing Rent- £11,000 per annum Highly levels of vehicular traffic and footfall
- Lease expiry October 2028
- Premises extend to 54.02 sqm (581 sqft)
- 100% Small Business Rates Relief
- Large glazed frontage for excellent branding opportunities