The premises comprise a double windowed Class 1A premises arranged over the ground floor of a two storey property with a single storey projection to the front elevation. The property benefits from a large display frontage, allowing for excellent branding opportunities. Internally, the accommodation comprises a generous open plan front shop with staff areas, stores and W.C facilities to the rear. The subjects’ open plan configuration offers an attractive proposition for a variety of retail, professional service, café or leisure uses subject to the necessary planning consents
Location
Tranent is an established East Lothian commuter town situated just off the main A1 dual carriageway leading a high volume of traffic east and south of Edinburgh. The subject property is prominently positioned on the south side of the High Street which forms part of the A199 trunk road which is the main vehicular thoroughfare through the town.
In addition, the High Street is well represented by a strong mix of local and national occupiers including Ladbrokes, Janet's Florist, Well Pharmacy & Asda Supermarket which is a 5 minute walk away. Tranent and its surroundings has seen great development in recent years with Avant Homes Scotland recently acquiring a £31 million development for 92 new homes set to be delivered at the start of 2025. Additionally the development area of Blindwells has planning permission for 1600 houses and is located north of the town centre.
Accommodation
Ground Floor 183.94sq m ( 1,980 sq ft )
Terms
RATEABLE VALUE The subjects are entered in the current Valuation Roll at a rateable value of £14,700, resulting in net annual payable rates of £4,941. 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. A new occupier is entitled to 12 months rates relief.
VAT The property is VAT elected therefore VAT is payable on the price.
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
Specification
- OFFERS OVER £14,000 PER ANNUM
- PREMISES EXTENDS TO 183.94 SQM/ 1980 SQFT
- GROUND FLOOR PREMISES
- PROMINENTLY POSITIONED ON THE MAIN VEHICULAR ROUTE, THE A199 TRUNK ROAD
- ATTRACTIVE DOUBLE FRONTAGE FOR EXCEPTIONAL BRANDING OPPORTUNITY
- SUITABLE FOR A VARIETY OF USES SUBJECT TO PLANNING