The town of Musselburgh is situated approximately 5 miles to the east of Edinburgh city centre and enjoys a strategic location by the A1 trunk road and Edinburgh City Bypass (A720). It is East Lothian’s largest settlement with a population of approximately 22,000 people.
The subjects are located on Eskside West, which runs parallel with the River Esk, and is adjacent to the corner of West Holmes Gardens. The town’s busy high street, with a wide range of commercial amenities, is within comfortable walking distance via a pedestrian bridge over the river.
Public transport is widely available in the area and there is plenty of street parking outside the property. Other nearby commercial occupiers, meanwhile, include a bookmakers, hairdresser and a public house.
The property comprises a single shop unit with a large display window. It forms the ground floor of a two-storey building which has residences at first floor level.
Internally, the accommodation is laid out to provide a main retail area to the front with a corridor leading through to a tea prep with a store and WC lying adjacent. The large display window is an excellent source of natural light and also provides good aspect onto the River Esk.
The shop entrance is protected by a roller shutter.
According to our recent measurement survey the premises contain the following approximate net internal areas:
24 sq m (258 sq ft)
Our client is seeking offers over £40,000 for the heritable interests in the subjects.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £2,250 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 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.
EPC rating: G.