The property is situated on the north side of Great Junction Street near to the junction of Henderson Street and Pirrie Street.
The premise sits in a thriving retail thoroughfare with excellent levels of footfall/passing traffic amidst a number of local and national occupiers including Timpson’s, Razzo Pizza, and The Tam ‘O’ Shanter pub.
Edinburgh city centre is approximately 2 miles away and is easily accessible by public transport. The area will be further enhanced with the ongoing extensions of the tramline down Leith Walk to Newhaven.
The subjects comprise the ground and basement level of a traditional Edinburgh tenement building beneath a pitched slated roof.
Internally, the front shop area offers an attractive waiting and serving area ideal for takeaway purpose. There is a WC and kitchen space to the rear and a full staircase providing access to the basement. The chimneys have already been lined for installation of hot food catering equipment in line with the planning application drawings.
The basement is dry with good access via a traditional staircase, the head height is excellent, and the size matches the ground floor, containing a small kitchenette and a large storage room.
The shop front is well presented with sizeable window frontage suitable for a range of occupiers. Externally, the unit is in good decorative condition and is protected by roller shutters on both window and door.
According to our recent measurement survey, the subjects comprise of the following approximate net internal area:
• 62 sq. m (675 sq. Ft)
Our clients are seeking £14,000 per annum to let the premises on a new Full Repairing and Insuring (FRI) lease for a term to be agreed.
There will be no VAT due on the lease.
The property is served by mains water, and electricity.
ENERGY PERFORMANCE RATING
The Energy Performance Certificate (EPC) rating is currently pending.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £7,600. The uniform business rate for the current year is £0.498 pence in the pound (as of April 2020).
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.
Each party is responsible for their own legal and costs incurred in the preparation, negotiation, and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, ime DJK Group Ltd.