The subject property is situated on Dalry Road (A70) close to the corner with Caledonian Place approximately 1 mile west of Princes Street. The Dalry area of Edinburgh is adjacent to the ever improving Haymarket district and is within walking distance of Haymarket Station.
The unit is on the south side of Dalry Road and is surrounded by a mix of residential tenements, local retailers, bars, restaurants and cafes. There is an abundance of passing trade making this a very popular commercial destination. Public transport links are very good with regular bus routes stooping close to the property.
The subjects offer a ground floor retail unit of a traditional four storey stone building under a pitched and slate roof with a large display window onto Dalry Road.
Internally the unit is rectangular in shape and is on two levels between the front and rear sales areas with a WC for staff. There is a suspended acoustic ceiling across the front and rear sales areas.
The property currently benefits from Class 1 usage however there may be scope for a Change of Use to Class 2 Office Use subject to the necessary planning permissions being granted by City of Edinburgh Council Planning Department.
According to our recent measurement survey the premises contain the following approximate net internal area:
62.33 sq m (671 sq ft)
Our client is seeking £14,000 per annum for the leasehold interest in the property.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £xxx. 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 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 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 letting agent, IME Property Ltd.
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.