Property Details

223 Causewayside
Edinburgh
Edinburgh
, Newington

Fixed price£150,000

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PropertyDescription

Location

The Causewayside area of Edinburgh is located approximately 0.4 miles south of the city centre. It is known to be a desirable area for residential living with a strong business and retail presence in the immediate area.

The property lies close to the junction of Duncan Street and is directly next to Belville Court.  The area benefits from good footfall and the unit has excellent visibility from passing motorists.  Surrounding occupiers include: Tesco Express, National Library of Scotland and Sambucca Restaurant. There is a commercial development nearby called Kittle Yards which contains a number of office occupiers.

Causewayside is known for having high volume of Student residencies and is a main route for Students walking to either George Square or The Kings Buildings respectively.

The area is well-served by public transport with regular bus routes to the city centre and surrounding areas.

Description

The subjects are currently trading as the Bella Roma Pizza Takeaway.  Situated over ground level of a traditional stone built two storey dwelling with a slated roof.  The unit is tastefully decorated with a good layout internally that suits the current occupiers, the unit may suit other varieties of cuisine.

The Front of this unit is waiting/serving and cooking area, the WC’s and side entrance is located centrally on opposite sides and the food preparation area and some storage space are to the rear. There is class 3 standard ventilation in place.  Internally and externally the property is in good decorative order.  

Accommodation

According to our measurement survey, the subjects would comprise the following approximate areas:

Total NIA                             30 M2   (323 SQ FT)

Rating

According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £5,300. The uniform business rate for the current year is £0.466 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.

Sale

Our clients are seeking  £150,000 for the freehold.

Services

The property has mains water and electricity.

Energy Performance Certificate

The EPC rating is pending.

A copy of the EPC and recommendation report can be provided upon request.

Entry

By agreement on completion of legal formalities.

Legal Costs

Each party will bear their own legal costs. The ingoing tenant or purchaser will be responsible any LBTT due on the lease or purchase.

 

PropertyOverview

  • Property ID:P419
  • Postal Code: EH9 1PH
  • Status:For Sale
  • Type: commercial
  • Class:3 (Food & Drink)
  • Property Size:n/a sq ft
  • Price:£150,000

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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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