Wardlaw Place is located in a mixed residential/retail area situated approximately 2 miles west of Edinburgh city centre. It is located just off Gorgie Road which is one of the main arterial roads leading into the city from the west. The subjects are located in the heart of Gorgie Road’s retail shopping area.
Situated on the west side of Wardlaw Place the subjects occupy a prominent position close to the corner of Gorgie Road. The hair dressing salon shares a parade of similar styled units along with an estate agent and a hot food take away. There are a wide range of commercial occupiers nearby including offices, cafes, bakers as well as retail outlets. Tynecastle Stadium is a short distance from the unit.
This is a busy location where there is excellent footfall and offers great potential for any purchaser looking to create a business.
The subjects comprise a shop unit (class 1) situated on the ground floor level of a traditional tenement building with residential units on the three floors above. The unit enjoys a window frontage onto Wardlaw Place. The unit, regular in shape, is presently used by ‘Real McCoy Barbers’ and is in good condition and decorative order throughout.
The shop has a good sized sales area with high floor to ceiling height and mirrors accentuating the light. The unit is laid out as a unisex hairdressing salon with 4 chairs and it has a wash hand basin station for hair washing. To the rear of the unit there is a WC compartment.
According to our recent measurement survey the subjects comprise the following approximate net internal area.
17.72 square meters (190 sq ft)
Our client is seeking offers in excess of £70,000 to acquire the freehold of this property.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have the following rating assessment; RV £2,450. 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 has supplies of mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
On completion of legal formalities.
Each party is responsible for their own legal costs but the ingoing tenant will be liable for any Registration Dues and LBTT relating to this transaction.
Strictly by appointment via the sole selling agent, IME Property Ltd.
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.