The property is situated at the north end of Restalrig Road, on the corner of Blackie Road, and is less than 500 yards from Leith Links; one of Edinburgh’s larger parks. The area is approximately 4 miles north-east of the city centre.
It is a densely populated residential district and benefits from its close proximity to the Links’ wide open spaces and extensive range of bars, restaurants and cafes at The Shore.
Public transport is widely available and there is plenty of free street parking near to the subjects.
The subjects comprise a traditional corner shop unit with large glass display windows, forming the ground floor of a stone built tenement building. It is currently trading as Paget Newsagent and is easily identified by the striking blue façade.
The main entrance leads directly into the main sales area with the rear shop accessed behind the staff counter. The sales area is bright with a modern suspended ceiling and fixtures and fittings.
The rear area provides space for some storage and a staff mess area with a separately accessed WC.
According to our recent measurement survey the premises contain the following approximate net internal area:
31 sq m (334 sq ft)
Our client is seeking rental offers of £8,000 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.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £4,200 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, on 0131 290 2350.