Property Details

54 Rodney Street
Edinburgh
Edinburgh
, Bonnington

£12,000 P.A.

Request a Viewing

PropertyDescription

LOCATION
The subjects are located on Rodney Street on the north side of Edinburgh. Rodney Street is a continuation of Broughton Street which leads down to Cannomills and onto Goldenacre. Bodrum Express is located close to Heriothill Terrace and the junction with Broughton Road and Eyre Place. The area is a very popular residential area due to its close proximity to the City Centre which is less than 1 mile away to the south.

There is a bus stop outside the business with regular bus services to the City Centre and beyond.

DESCRIPTION
The subjects currently trade as “Bodrum Express” comprises the ground floor retail unit of a four storey traditional building constructed of stone under a pitched and slate roof. There is a display window to the front of the property with an entrance door. The area is predominantly residential above parades of similar styled retail units however there is a Tesco Superstore within 100 meters on the junction of Broughton Road.

Internally, the unit is a basic rectangular in shape with a front sales area, rear preparation area with a staff and WC for staff. The business has a high specification with a full inventory including a gas range, pizza oven, kebab machine, charcoal grill, hotplate, preparation tables. Fridges, freezers, etc.

The property is currently benefits Class 3 Usage.

ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate net internal area:

Ground floor 42sq. m. (452 sq. ft.)

RENT
The passing rent is £12,000 per annum.

LEASE TERM
The subjects are held on a 15 year Full Repairing and Insuring lease with 12 years remaining. A copy of the lease will be available to interested parties once they have viewed.

GOODWILL
Our client is seeking offers around £25,000 for the goodwill of the business.

RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £9,000. 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.

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

ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.

A copy of the recommendation report is available on request.

VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME Property Ltd.

LEGAL COSTS
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.

ENTRY
Upon completion of a formal missive under Scots Law.

PropertyOverview

  • Property ID:P378
  • Postal Code: EH7 4DX
  • Status:For Rent
  • Type: commercial
  • Class:3 (Food & Drink)
  • Property Size:452 sq ft
  • Price:£12,000

ExtraInformation

ShareThis Property

John

John

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.

SimilarProperties