Royston Terrace is situated approximately 2 miles north of Edinburgh city centre in the sought after Goldenacre district. The street is located just off Ferry Road and can be accessed from there or Montagu Terrace.
The surrounding area is a popular residential district with some lovely recreational facilities nearby including The Royal Botanic Gardens and Inverleith Park. Stockbridge, with its range of bars and restaurants, is within easy walking distance.
There is ample zoned parking outside the property and there is also good proximity to the public transport network with bus services available on Ferry Road and Montagu Terrace.
The subjects comprise an office configured over ground floor beneath a traditional Victorian residential tenement. It has a single window frontage with opportunities for signage on the facia above.
Internally, there is a shared office area to the front leading through to a private office to the rear. A short corridor leads through from there to a WC and tea-prep area.
The space is decorated to a good standard but there is currently no carpet covering.
According to our recent measurement survey the premises contain the following approximate area:
32 sq m (344 sq ft)
Our client is seeking rental offers of £7,500 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 £4,350 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.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME Property Ltd, on 0131 290 2350