Property Details

3 Craigmillar Castle Road
Edinburgh, Craigmillar

Offers over£65,000

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PropertyDescription

LOCATION

The subject property is approximately 2 miles east of Edinburgh city centre on Craigmillar Castle Road.  It is close to the corner of Niddrie Mains Road and the crossroads of Duddingston Road West and Peffermill Road.

The local area is improving with several new developments ongoing including a new supermarket and housing developments alongside the new Craigmillar Library. There are several well-known occupiers in the vicinity including a convenience store, several hot food takeaways and a pharmacy.

There is free on street parking outside the premises whilst numerous bus routes serve the area and connect it with the rest of the city.

DESCRIPTION

The subjects, easily identifiable by the black and white exterior paintwork, comprise a shop unit forming part of a single storey building.  There are metal roller shutters protecting the main entrance and the single window unit.

Internally, the premises, which are now in need of renovation, are open plan with a narrowing floor plate towards the rear of the unit where there is a WC.  There is also stairs leading up to a half floor which would be useful storage space or could be a staff area/office.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate gross internal area:

99 sq m (1,066 sq ft)

PRICE

Our client is seeking offers over £65,000 for the heritable interest in the subjects.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £4,100.  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.

UTILTIES

The property is served by mains electricity and water.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate rating is pending.

A copy of the recommendation report is available on request.

LEGAL COSTS

Each party shall bear their own legal costs with the eventual purchaser liable for any LBTT and Registration Dues.

ENTRY

Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION

By appointment through the sole selling agent, IME Property Ltd.

PropertyOverview

  • Property ID:P266
  • Postal Code: EH16 4BY
  • Status:For Sale
  • Type: commercial
  • Class:1 (Retail)
  • Property Size:1,066 sq ft
  • Price:£65,000

ExtraInformation

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Bill Adams

Bill Adams

If this property is of interest and you would like further details, or want to arrange a viewing, please contact our property agent on the following details.