The Pleasance area of Edinburgh is located approximately 0.25 miles south of the city centre. It is known to be a desirable area for residential living with a strong business, retail presence and a vast student population in the immediate area.
The property lies close to the junction of Hardwell Crescent on the Pleasance, the Pleasance adjoins with St Mary’s Street and St Leonards Street at either end. The area benefits from good footfall and excellent visibility from passing motorists. There is a whole host of high end unique eateries and bars popping up more and more in this area such is its growing popularity.
The area is known for having high volume of Student residencies and is a main route for Students walking to either George Square or Edinburgh Sport University respectively.
The Pleasance is well-served by public transport with regular bus routes to the city centre and surrounding areas.
Situated over ground level of a traditional stone built three-storey dwelling with a slated roof. The unit is tastefully decorated with a good layout internally that suits the former occupiers, the unit may suit other varieties of cuisine.
The front of this unit is waiting/serving and some seating could be added for a few diners to sit in. The fully fitted Kitchen and WC are to the rear. There is class 3 standard ventilation in place. Internally and externally the property is in good decorative order.
The unit is ideally located in a prime location for a takeaway business.
According to our measurement survey, the subjects would comprise the following approximate areas:
Total NIA 34 M2 (366 SQ FT)
According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £7,200. 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.
A rent of £15,000 per annum is sought for this property.
We are seeking a premium of offer over £10,000
The property has mains water, gas and electricity.
Energy Performance Certificate
The EPC rating is pending.
A copy of the EPC and recommendation report can be provided upon request.
By agreement on completion of legal formalities.
Each party will bear their own legal costs. The ingoing tenant or purchaser will be responsible any LBTT due on the lease or purchase.