The subject property is situated midway along Dalry Road (A70) approximately 1.5 miles west of Princes Street. The Dalry area of Edinburgh connects with Gorgie and is adjacent to the ever-improving Haymarket district.
The unit sits on the south side of Dalry Road close to the corner of Washington Lane and is surrounded by a mix of residential tenements, retailers, restaurants, cafes and bars. The amount of passing traffic and trade make this a popular commercial destination.
Public transport links are very good with regular bus routes stopping close to the property. The tram stop at Haymarket Station is only a short distance away.
The subjects are configured over ground and basement and comprise a double windowed retail unit with three floors of residential properties above.
Currently trading as a Polish food store, the shop benefits from a large open plan sales area to the front with stairs leading down to a large, dry basement. To the rear of the ground floor is a small office, store cupboard and staff WC.
The basement is split into three areas providing excellent storage space for a retail use.
According to our recent measurement survey the premises contain the following approximate net internal area:
140 sq m (1,507 sq ft)
Our client is seeking rental offers in excess of £12,000 per annum exclusive to grant a new lease.
The rent is subject to VAT at the prevailing rate.
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £13,400 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 pending.
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.