Property Details

4-6 Dundas Street
Midlothian, Bonnyrigg

Offers over£120,000

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PropertyDescription

A fully refurbished Class 2 unit in a prominent location at Bonnyrigg’s main crossroads, available To Let or For Sale.

LOCATION

The town of Bonnyrigg, with a population of approximately 16,000, is one of a cluster in Midlothian which sit on the periphery of Edinburgh, approximately 8 miles south-east of the city centre and 3 miles from the (A720) Edinburgh City Bypass.

The subject property is situated on the corner of Dundas Street and Lothian Street which connects directly with the High Street.  There is a range of commercial businesses nearby including a post office, betting shop, bank and several hot food takeaways.

In addition to regular bus links to the city centre, there is rail connectivity to Edinburgh Waverley from Eskbank Station via the Borders Railway.

 

DESCRIPTION

The subjects formally a Chinese Takeaway forming the ground floor of a three-storey stone-built building.  The premises have recently been transformed into a class 2 office use unit which would suit a variety of occupiers such as offices, retail stores, salons, therapists, beauticians and nail bars. 

The unit has a large glazed shop front with high visibility and good passing trade.  The internal area comprises of a good-sized shared office/open space area and a staff serving/kitchen area and WC situated to the rear.  In the recent refurbishment the unit has been fitted with new gas central heating, full re-wire, new disabled access WC, kitchen units in staff area and laminate flooring in the main area.  Any future tenant would have minimal work to do to get their business up and running.

 

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate areas:

Ground Floor:  34 sqm (366 sq ft)

 

RENT

We are seeking £13,000 per annum on a full repairing and insuring lease on this property.

 

SALE TERMS

Our client is seeking offers over £120,000 for the heritable freehold interest in the property.

 

 

RATEABLE VALUE

 

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £6,100 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.

 

UTILITIES

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

 

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate rating is pending.

A copy of the recommendation report is available on request.

 

LEGAL COSTS

Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.

 

ENTRY

Upon completion of a formal missive under Scots Law.

 

VIEWING AND FURTHER INFORMATION

By appointment through the sole letting agent, IME DJK Group Ltd, on 0131 290 2350.

PropertyOverview

  • Property ID:P362
  • Postal Code: EH19 3AS
  • Status:For Sale, May Rent
  • Type: commercial
  • Class:2 (Office)
  • Property Size:366 sq ft
  • Price:£120,000

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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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