The Sighthill area of Edinburgh is situated approximately 2 miles south west of the city centre. It is accessed from a number of routes but primarily via the A71 Calder Road, which is directly to the north of the property and leads to the A720 Edinburgh City Bypass/M8. Sighthill Shopping Centre itself is situated at the junction of Sighthill Loan and Sighthill View.
The surrounding area is predominately residential in nature but there are a number of commercial occupiers nearby including several hot food takeaways, a convenience store, a bank and a public house. One of Edinburgh Napier University’s main campuses is directly opposite on Sighthill Court.
There is a small car park providing free parking for customers together with parking on surrounding streets. The area is also served by a number of regular bus routes.
The subjects are currently occupied by an RS McColls convenience store who are due to vacate at the end of September 2017. The unit is single storey and of brick construction set under a flat bitumen felt roof. There is a covered pedestrian walkway directly outside the property.
Internally, the premises comprises of an open plan shop area rectangular in shape, with a staff counter to the rear. There is a partition which separates the staff facilities at the back including a WC and small kitchen area.
According to our recent measurement survey the premises contain the following approximate net internal area:
72 sq m (774 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 £9,500 per annum exclusive 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 £8,000 effective from 1st April 2017. The uniform business rate for the current year is 46.6 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.