Property Details

43 Dalry Road
Edinburgh, Dalry

£11,000 P.A.

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PropertyDescription

LOCATION

The subject property is situated on Dalry Road (A70) close to the corner of Richmond Terrace approximately 1 mile west of Princes Street. The Dalry area of Edinburgh is adjacent to the ever-improving Haymarket district and is within comfortable walking distance of Haymarket Station.

The unit sits on the south side of Dalry Road on the corner of Dalry Place and is surrounded by a mix of residential tenements, retailers, restaurants, cafes and bars. The amount of passing traffic and trade make this a popular commercial destination.

Public transport links are very good with regular bus routes stopping close to the property whilst the tram stop at Haymarket Station is only a few minutes walk away.

DESCRIPTION

The subject comprises a single shop unit forming part of a terrace of similar commercial units with stone built residential properties to the rear. The current occupier, Appellation Wines, will be vacating at the end of August.

ACCOMMODATION

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

52 sq m (559 sq ft)

RENT

Our client is seeking £11,000 per annum exclusive to grant a new lease.

LEASE TERMS

The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a minimum 5 year lease term.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £8,100 effective 1st April 2017. The uniform business rate for the current year is 46.6 pence in the pound.

Occupiers may be eligible for 100% 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.

UTILITIES

The property is served by mains electricity and water.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate rating is E.

A copy of the recommendation report is available on request.

LEGAL COSTS

Each party shall bear their own legal costs with the eventual tenant 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 letting agent, IME Property Ltd.

PropertyOverview

  • Property ID:P308
  • Postal Code: EH11 2BU
  • Status:For Rent
  • Type: commercial
  • Class:1 (Retail)
  • Property Size:559 sq ft
  • Price:£11,000

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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.