The Police Box is situated on the east side of Drumsheugh Gardens, close to the junction with Queensferry Street. The area mainly comprises commercial and residential occupiers and is close to the bustling West End/Shandwick Place area.
There are a number of large office occupiers in the immediate vicinity including HMRC with the Box directly outside their building, Meldrum House.
The unit is lined with white walls, oak shelving, running hot and cold water and electricity. There is also a fully operational coffee machine and small fridge.
Externally, there is a fully operational retractable awning and several removable shelves.
The unit has full cafe consent for the sole purpose of selling: coffee, juice, soup, doughnuts, sausage rolls and newspapers.
According to our measurement survey the internal area of the box is approximately:
2.1 sq m (22 sq ft)
Rental offers over £5,000 per annum are invited.
In addition, there is a Section 59 Agreement imposed by City of Edinburgh Council of £195.30 per annum payable by the operator.
Alternatively, our client may consider selling the heritable interest with offers invited.
LICENSE AGREEMENT TERMS
The box is available on a License Agreement for a minimum period of 12 months.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £600 and the property is exempt from business rates.
ENERGY PERFORMANCE CERTIFICATE
The property is exempt.
Each party will bear their own legal costs. The ingoing tenant will be responsible for stamp duty and registration dues incurred in the preparation and completion of the lease.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment with the sole letting agents, IME Property Ltd.