Haddington is one of East Lothian’s largest settlements with a resident population of approximately 12,000. It is strategically placed approximately 18 miles east of Edinburgh which is easily accessible within 35 minutes via the A1.
Market Street and Court Street, the two principle retail thoroughfares, offer a diverse mix of shops, restaurants and cafes comprising a mix of local and nationally established operators. The subjects are located at the west end of Court Street directly near to Opera Close and opposite Neilson Park Road.
Short-term parking is available in nearby Tesco whilst the nearest railway station is only 3 miles away at Drem. There are also several direct bus links to Edinburgh and surrounding towns in the county.
The subjects comprise a single shop unit currently trading as ‘The Maple Tree’ and forming the ground floor of a two-storey stone built building.
The property has some charming features including a mosaic, wrought iron gate and a ceramic tiled wall depicting the brand of the historic Buttercup Dairy Company. Whilst we understand the property is not ‘listed’ we have been advised that the ceramic tiling, shop front and entrance door are protected due to their historic interest.
A large display window provides an attractive and bright retail environment with a false chimneybreast and fireplace providing a nice feature midway through the unit.
To the rear of the shop behind the staff counter there is a small area for storage and a staff WC.
According to our recent measurement survey the premises contain the following approximate net internal area:
39 sq m (420 sq ft)
Our client is seeking offers over £95,000 for their heritable interest in the subjects.
The fixtures and fittings in the shop may be available through separate negotiation with the current owners. Due to the forthcoming Christmas trade full vacant possession will not be available until the end of January 2018.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £5,500. The uniform business rate for the current year is £0.484 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.
The property is currently served by electricity and water. We have been advised that there is a gas supply into the property but there is currently no connection to a meter.
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 in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole selling agent, IME Property Ltd, on 0131 290 2350 or via firstname.lastname@example.org