The subjects comprise a Class 1A premises arranged over the ground floor of a two storey stone built, and part externally rendered tenement building. Internally, the ground floor comprises of an open plan configuration with WC facilities & storage to the rear. The property benefits from an attractive frontage onto the High Street & the units open plan configuration offers a flexible space for a variety of uses.
Location
Penicuik is a town located within Midlothian which lies on the west bank of the River North Esk and east to the Pentland Hills. Penicuik is situated approximately 10 miles south on the A701 trunk road which connects Edinburgh to Peebles. Penicuik is known as a popular commuter town into Edinburgh. The subjects are located within a secondary retail parade on the south side of the High Street. National and local commercial occupiers in close proximity include Tanz Tanning, McDougall McQueen solicitors & estate agents and Gordon Vets.
Accommodation
PREMISES EXTENDS TO 72.93 SQM (785 SQFT)
Terms
LEASE TERMS The subjects are offered on a full repairing an insuring basis for a term to be agreed incorporating regular rent reviews at an initial rental of £14,000 per annum
RATEABLE VALUE The subjects are entered in the current Valuation Roll at a rateable value of £7,700 which will allow for 100% rates relief subject to the tenant’s 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 4 months of the beginning of the tenancy.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
EPC Released on application.
Specification
- LARGE FRONTAGE FOR EXCEPTIONAL BRANDING OPPORTUNITY
- SUITABLE FOR A VARIETY OF USES SUBJECT TO PLANNING
- FREE ON STREET PARKING IMMEDIATELY OUTSIDE