Property Details

42 Main Street
Edinburgh
Edinburgh
, Balerno

£8,000 P.A.

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PropertyDescription

LOCATION

Balerno is a sought after village situated on the outskirts of Edinburgh, 8 miles south-west of the city centre. Situated just off the A70 it is well placed for accessing the A720 Edinburgh City Bypass and M8 interchange at Hermiston Gait.

The subject property, situated at the north end of the pedestrianised Main Street, is close to a range of amenities and local businesses including a post office, pharmacy, vet surgery and food store.

The surrounding area is predominately residential with good public transport links to support that. There is car parking in the area with several spaces available outside the premises.

DESCRIPTION

The subjects comprise a three-storey building of traditional sandstone construction with a slate tile roof and two large display windows looking onto Main Street. The first floor is a private residential unit with the subject property occupying the ground and basement levels.

Internally, the unit is currently set out as a hair salon with steps leading up from the main shop area to various wash stations, a tea prep, WC and shower. There is also a small side room which could be used as a private office. The basement provides excellent usable storage space and could be utilised to a greater extent. It still contains stone ovens from when the property was a bake house.

The property was renovated to a high standard in 2007 and has been maintained well throughout.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate areas:

NIA 44 sq m (474 sq ft)
GIA 93 sq m (1,002 sq ft)

RENT

Our client is seeking rental offers over £8,000 per annum exclusive to grant a new lease.

LEASE TERMS

The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.

Alternatively, our client will consider offers for the heritable interest in the property.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £8,400 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.

UTILITIES

The property is served by mains gas, electricity and water.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate rating is pending.

A copy of the recommendation report is available on request.

LEGAL COSTS

Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.

ENTRY

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.

PropertyOverview

  • Property ID:P363
  • Postal Code: EH14 7EH
  • Status:For Rent, May Sell
  • Type: commercial
  • Class:1 (Retail)
  • Property Size:474 sq ft
  • Price:£8,000

ExtraInformation

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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.

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