Prestonpans is situated in East Lothian approximately 11 miles east of Edinburgh City Centre. Hawthorn Road is located to the south of Prestonpans High Street and is accessed just off Preston Road. It is only 5 minutes from the A1 and less than 1 mile from Prestonpans railway station where there's regular commuter services to Edinburgh. There's also regular bus links from directly outside the property on Preston Road. Nearby occupiers, on what is a popular neighbourhood retail parade, include Scotmid, Co-operative Pharmacy and Ladbrokes
The subjects comprise an extensive detached property of brick construction beneath a pitched tiled roof with a mixture of stone frontage and roughcast walls.
Internally, the building is configured over ground and first floor but also has an extensive basement/cellar area. The ground floor is split into three distinct rooms based on its previous use as the Johnnie Cope public house and also includes kitchens, stores and WC facilities.
The first floor, which benefits from a separate entrance but can also be accessed internally, was until recently a cafe and children's party/play area. Many of the fixtures and fittings from this use remain in place. The main room is dual aspect and enjoys good levels of natural daylight.It has hard wood flooring throughout and has generally been fitted out to a good standard. There are also two separate rooms currently fully fitted out for beauty therapy.
According to our recent measurement survey the subjects extend to the following approximate net internal area:
416.87 sq m (4,487 sq ft)
The property is available to let on a new full repairing and insuring lease (FRI) with a rent of £35,000 per annum sought.
Our client will also consider heritable interests with offers over £235,000 sought.
We understand the property has retained its use as a public house whilst the ground floor also carries a Class 1 use. Interested parties should make their own enquiries with East Lothian Council Planning Department.
The building may also be suitable for redevelopment purposes subject to obtaining the necessary planning consents.
According to the Scottish Assessor's website (http://www.saa.gov.uk) the subjects currently have two entries of £7,200 and £8,500 entered into the valuation roll. The uniform business rate for the current year is £0.484 pence in the pound.
Occupiers may be eligible for rates relief through the small business bonus scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
The property is served by mains gas, electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
VIEWING AND FURTHER INFORMATION
Strictly by appointment through the sole agent, IME Property Ltd.
Each party shall bear their own legal costs in the preparation of the lease with the eventual purchaser or tenant liable for any Registration Dues or LBTT thereon.
Upon completion of a formal missive under Scots Law.