Property Details

50 Moredunvale Road
Edinburgh
Edinburgh
, Moredun

£30,000 P.A.

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PropertyDescription

LOCATION

The subject property is located on Moredunvale Road, just off Old Dalkeith Road, in the Little France area of Edinburgh, approximately 3 miles south-east of Edinburgh city centre. Old Dalkeith Road is a popular commuter route leading from the Sheriffhall roundabout on the A720 Edinburgh City Bypass.

The immediate area is well-known due to its proximity with the Edinburgh Royal Infirmary and the soon to be completed Royal Hospital for Sick Children. The area is predominately residential but there are some commercial occupiers near to the subjects.

There is plenty of available parking adjacent to the property and on surrounding side streets. Public transport connections are favourable with a number of bus services available from outside the property.

DESCRIPTION

The subjects form part of a single storey former public house of brick construction with a roughcast exterior and a pitched, slated roof. The property is currently undergoing an extensive redevelopment project to form three commercial units including a pre-let hot food takeaway.

The premises, which would be suitable for a convenience store or similar occupier, are accessed over a paved area from Moredunvale Road. It has been finished to a shell standard ready for a tenant fit-out. The unit is entirely open plan and has white plasterboard walls and fluorescent lighting.

To the rear of the premises is storage space and staff facilities.

ACCOMMODATION

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

257 sq m (2,766 sq ft)

CAR PARKING

There are a number of dedicated car parking spaces available with the premises.

LEASE TERMS

The subjects are available on a new full repairing and insuring lease (FRI) for a term to be agreed.

RENT

Our client is seeking a rental of £30,000 per annum to grant a new lease on the property.

RATEABLE VALUE

The property will require to be reassessed by the Local Valuation surveyor upon completion of the works.

UTILITIES

The premises is served by mains electricity, gas 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 in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.

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:P317
  • Postal Code: EH17 7RZ
  • Status:For Rent
  • Type: commercial
  • Class:1 (Retail)
  • Property Size:2,766 sq ft
  • Price:£30,000

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