Newbridge is a small commuter village situated approximately 9 miles west of Edinburgh city centre. The property is on Bridge Street which is accessed off Old Liston Road and wraps around the back of a large Mercedes car dealership.
It benefits from being located adjacent to the Newbridge roundabout, a principle interchange for the M8 and M9 motorways, and is less than 2 miles from Edinburgh airport.
The surrounding area is a mix of commercial and residential properties with occupiers nearby including Edinburgh’s Luxury Car Village, the Newbridge Inn public house and .
The subjects comprise a former Post Office premises which is now vacant. It forms a single storey property beneath a pitched slate roof with a secure roller shutter. There is a set of steps leading up the property from street level.
Internally the unit, which has recently been refreshed, is open plan with a WC and tea prep off to the side. The large glazed frontage provides plenty of natural light.
Unrestricted street parking is available outside.
According to our recent measurement survey the premises contain the following approximate net internal area:
46 sq m (495 sq ft)
Our client is seeking rental offers of £6,000 per annum to grant a new lease.
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.
Alternatively, our client will consider selling the heritable interest in the subjects.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £3,050 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.
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 with the eventual tenant liable for any LBTT and Registration Dues.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME Property Ltd.