Haddington is one of East Lothian’s largest settlements with a resident population of approximately 12,000 and sits within a larger catchment area within the region of circa 100,000. The town is strategically placed approximately 18 miles east of Scotland’s capital city, Edinburgh, which is accessible within 35 minutes via the A1, thus making it extremely popular amongst commuters. The nearest railway station is only 3 miles away at Drem offering direct services to Edinburgh Waverley and there are also several direct bus links.
The affluent town boasts a strong local economy with existing commercial occupiers including Tesco, Aldi, M&Co and Boots. Market Street and Court Street, the two principle retail thoroughfares, offer a diverse mix of shops, restaurants and cafes comprising a mix of local and nationally established operators.
Furthermore, high demand for additional housing in the town has been met with four active developments currently ongoing delivering over 300 new homes. All levels of education from nursery through to senior support this rapid expansion and there is a growing range of local sporting and community facilities.
The B-listed stone built property has retained the majority of its original features dating back to the 16th and 18th century, which includes a prominent crenulated tower upon its west elevation and an arched tripartite window upon its south elevation.
1 George Court will provide premises to a shell finish suitable for a restaurant/café use arranged over ground floor level and capable of seating approximately 60 covers. Externally, there are improvements to be undertaken by the Council which will create an area for external table seating.
We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition and we have calculated the following net interal area:
158 sq m sq m (1,700 sq ft)
The subjects are offered on the basis of a new lease on full repairing and insuring (FRI) terms for a term to be agreed.
Our client is seeking £25,000 per annum for the leasehold interest in the property.
The premises will require to be reassessed upon completion of the current redevelopment works.
The property is served by mains gas, electricity and water.
ENERGY PERFORMANCE CERTIFICATE
Available on request.
Each party shall bear their own legal costs in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the joint letting agents, IME Property Ltd and Graham + Sibbald.