South Trinity Road is located 2 miles north west of Edinburgh city centre just off Ferry Road (A902). It is situated in the highly desirable Trinity district of the city only a short walk from Goldenacre playing fields and the Royal Botanical Garden.
The area is a mixture of commercial and residential and is much sought after due to its close proximity to the city centre and the range of local amenities.
There are public transport links available in the immediate area and as well as free on street parking nearby the property.
The property comprises a single shop unit with a double windowed frontage forming the ground floor of a red sandstone tenement. It sits alongside a row of other commercial occupiers, including a hair salon and chiropractor, and its sky blue exterior makes this a highly visible property.
Internally, the shop is bright and well-presented creating a pleasant retail environment. There are wall mounted electric heaters whilst the flooring is laminate and the wall décor is white throughout. There is a WC to the rear of the unit.
The property is currently trading as ‘Kitschy Coo’ with the current tenant due to vacate the premises at the end of July 2017. Entry and vacant possession will be available from 1st August.
According to our recent measurement survey the premises contain the following approximate net internal area:
42 sq m (451 sq ft)
The subjects are offered on the basis of a new lease on full repairing and insuring (FRI) terms for a period to be agreed.
Our client is seeking £9,000 per annum (£750 per month) for the leasehold interest in the property.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £5900. The proposed Rateable Value effective from 1st April 2017 is £6,600. 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 electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is 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 sole letting agent, IME Property Ltd.