Duddingston Road is approximately 4 miles south-east of Edinburgh city centre and is a key link road between Willowbrae Road/A1 to the west and Baileyfield Road and Portobello to the east.
It is a popular residential district due to its close proximity to the city centre, A720 Edinburgh City Bypass and recreational areas such as Arthur’s Seat ad Holyrood Park. There are two other commercial occupiers adjacent to the property: a children’s nursery and a hairdresser.
There are regular bus services operating from here to all parts of the city whilst there is ample on street car parking nearby.
The subject comprises a single storey shop unit currently trading as ‘Duddingston Store’ providing a convenience store service to the local community.
It enjoys good roadside frontage and is set back sufficiently from the kerbside to allow a single car parking space directly outside. There is dual access into the open plan shop area which is bright with a suspended ceiling throughout and a ceramic tile floor. A staff/store room and WC is situated to the rear of the shop area.
The subjects have previously been two separate shops and could be separated again subject to obtaining the necessary consents.
According to our recent measurement survey the premises contain the following approximate net internal area:
72 sq m (775 sq ft)
Our client is seeking £10,500 per annum exclusive 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 disposing of their heritable interests in the property.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £6,100 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.
The property is served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is G.
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.