South Trinity Road is located circa 2 miles north-west of Edinburgh City Centre just off Ferry Road (A902). It is situated in the highly desirable Trinity area only a short walk from Goldenacre and the Royal Botanical Gardens.
The area is a mixture of commercial and residential and is much sought after due to its close proximity to the City Centre and other local amenities.
There are public transport links available in the immediate area as well as on street car parking nearby the property.
The property comprises the lower ground floor of a four storey traditional built property. The unit sits below a parade of retail units on the ground floor with two floors of residential properties above. Other occupiers in the block include a yoga studio, hair dressing salon, café, funeral directors and chiropractor.
Internally the unit is laid out as one open plan area. Access is gained through a gate and from a set of stairs to the rear of the property. There is a window allowing light into the good sized area, a concrete floor and is well presented. There is no WC in the premises.
The unit was previously used as a storage facility for a firm of decorators. This unit is best suited for storage or as a trades workshop due to its access, head height and basic standard of finishes.
At present the unit is classed as storage.
According to our recent measurement survey the premises contain the following approximate net internal area:
Lower Ground Floor 48 sq m (517 sq ft)
Our clients are seeking a rent of £6,000 per annum.
SALE PRICE A
Our clients are seeking a price of £50,000 for the heritable interest in the property.
The property is being offered on a leasehold basis on a Full, Repairing and Insuring basis with a lease term to be agreed.
According to the Scottish Assessor’s website (www.saa.gov.uk) the property has a Ratable Value of £875. 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 Ratable 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 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.