Gilmerton Dykes Street is located approximately 4 miles south east of Edinburgh City Centre. The newsagent’s business is located at the west end of Gilmerton Dykes Street. Gilmerton Dykes Street is on the B701 which leads from the junction of Lasswade Road and Captains Road to the junction of Gilmerton Road and Drum Street leading onto the A7 Old Dalkeith Road.
The area is a mainly residential with a splattering of neighbourhood shopping. There is car parking at the front of the newsagents and bus stops on either side of the road leading into the city centre. Gracemount High School, Gracemount and Kaimes Primary Schools are situated within 0.75 miles of the premises.
The newsagent comprises the end terraced ground floor retail unit of a three storey property under a pitched and tile roof. There are two floors of residential properties above the newsagents in a parade of similar styled retail units. Other occupiers in the parade of shops includes a licensed grocers, a hair salon, a café and a hot food take away.
There is a large display window fronting onto Gilmerton Dykes Street with the entrance door recessed on the right hand side. Security shutters are fitted to the front elevation.
Internally the unit is laid out with a sales area to the front of the unit with a storage area, WC and tea preparation area to the rear. The long counter is set to the left hand side with ample shelving, cold counters set along the other sides of the unit.
The premises previously hosted a Post Office to the rear of the unit.
At present the unit is classed as Class 1 Retail.
According to our recent measurement survey the premises contain the following approximate net internal area:
Ground Floor 44.87 sq. m. (483 sq. ft.)
Our Clients are seeking offers over £90,000 for the heritable interest in the property.
A premium would be sought for any equipment to be left for the new owner.
According to the Scottish Assessor’s website (www.saa.gov.uk) the property has a Rateable Value of £4,783. 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.
The properties are served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
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.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole selling agent, Ime DJK Group 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.