Property Details

59 Slateford Road
Edinburgh
Edinburgh
, Slateford

£15,600 P.A.Premium Cost:£30,000

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PropertyDescription

LOCATION
The subjects are situated on Slateford Road (A70) directly opposite The Caledonian Brewery close to the corner of Shandon Place. The area is a very popular residential district due to its close proximity to Edinburgh city centre which lies less than 3 miles away.

There are regular bus routes serving all areas of the city and a rail connection is available from Slateford station 10 minutes walk from the property. Parking, meanwhile, is available on surrounding streets

Nearby traders include Edinburgh Sash and Case, Taste Good and Slateford Dental Care.

DESCRIPTION
The subjects, currently trading as Shandon Spice, comprise a single windowed unit configured over ground and basement and forming part of a stone-built tenement.

Internally, the subjects comprise of a bright and nicely decorated customer waiting area with a staff counter. The kitchen is fully fitted to a very high standard with a new range and tandoori clay oven. The staff WC is to the rear of the ground floor.

The subjects also benefit from an extensive basement which provides excellent storage.

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

37 sq m (398 sq ft)

RENT
The passing rent is £15,600 per annum exclusive.

LEASE TERMS
The subjects are held on a 15 year FRI lease expiring 7th December 2030 subject to a tenant only break option on 8th December 2018. There is a rent review due on 7th December 2018 and every three years thereafter.

PREMIUM
Offers in the region of £30,000 are sought.

RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £8,800. The uniform business rate for the current year is £0.466 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.

UTILTIES
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 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:P325
  • Postal Code: EH11 1PR
  • Status:For Rent
  • Type: commercial
  • Class:3 (Food & Drink)
  • Property Size:398 sq ft
  • Price:£15,600
  • Premium Cost:£30,000

ExtraInformation

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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.

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