The subjects comprise the ground floor of a 3 storey and attic traditional stone built mid terraced property. Internally the subjects comprise a large retail area with a double windowed frontage and a recessed door off the High Street. To the rear there is back shop accommodation, general storage, WC and a tea prep.
The front shop retail accommodation has a laminate covered floor and a plastered, papered and painted ceiling. The walls are lined out with retail type shelving/racking. The back shop has predominantly carpet covered suspended timber floors, plastered, papered and painted walls and plaster/artex ceilings.
Location
The property is located in Musselburgh, which is an established East Lothian commuter town situated just off the A1 trunk road located approximately 8 miles to the east of Edinburgh city centre, 5 miles north of Dalkeith and approximately 10 miles to the west of Haddington.
The subjects are located on the north side of Musselburgh High Street between the junctions of Newbigging to the west and Linkfield Road to the east. The subjects form part of the main High Street in an architecturally historic part of Musselburgh town centre. The High Street is the main vehicular thoroughfare through Musselburgh containing a good mix of local and national style traders.
Accommodation
The subjects extend to approximately 77.49 m² (834 ft²) comprising the following:
Ground Floor
Retail Area - 48.87 sq m (526 sq ft)
Back shop area - 16.72 sq m (180 sq ft)
Ancillary - 11.90 sq m (128 sq ft)
TOTAL - 77.49 sq m (834 sq ft)
Terms
LEASE TERMS
Our clients are willing to enter into a standard full repairing and insuring lease for a term to be agreed incorporating regular rent reviews at an initial rent of £15,000 per annum.
RATEABLE VALUE
The subjects are entered in the current Valuation Roll at a rateable value of £10,900 per annum.
As such the property is eligible for rates relief, further details are available from the sole letting agent.
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.
LEGAL COSTS
Each party to bear their own legal costs in the documentation of this transaction, however the ingoing tenant will be liable for SDLT, Registration Dues or VAT incurred thereon.
VAT
All prices, rents and outgoings are quoted exclusive but may be liable to VAT.
ENERGY PERFORMACE CERTIFICATE
The subjects have an Energy Performance Rating of E. A copy of the Energy Performance Certificate can be made available to seriously interested parties.
Specification
- HIGH STREET RETAIL UNIT
- EXTENDS TO 77.49 M² (834 FT²)
- AVAILABLE IMMEDIATELY
- £15,000 PER ANNUM