Property Details

104 Newhaven
Edinburgh, Leith

Offers over£120,000

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PropertyDescription

LOCATION

The subject premises are located in Newhaven Road to the south the junction of Ferry Road. The unit is located near the corner of Pitt Street and close to Graham Street.

The premise is located in a mixed-use area which is a bustling and thriving community with a combination of retailers including a grocery store, Indian takeaway and a beautician. There is excellent public transport links serving the city centre with a bus stop located 5 meters from the premise giving access to all parts of the city.

The Water of Leith also provides an excellent cycle route for commuters.

Newhaven Road itself is mainly residential.  The subjects have good visibility to passing motorists.

 

DESCRIPTION

Fully fitted café available for freehold purchase.  Currently tenanted at the moment but will come with vacant possession for new owners.

The subjects comprise a single retail unit with double windows and a centrally located traditional door.  The premises occupy the ground and basement floors of a four storey traditional stone-built tenement block with retail on the ground floor with three floors of flats above.

Internally the café seating and serving area are located in the front with kitchen, WC, prep area and storage to the rear.  There is also further storage in the basement which has good height.

 

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate net internal area:

 

Ground Floor     38 SQ M  (409 SQ FT)

Basement           24 SQ M  (256 SQ FT)

 

SALE PRICE

Offer Over £120,000 are sought for the freehold purchase.

 

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the property has a Rateable Value of £5,700. 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.

 

UTILTIES

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.

 

LEGAL COSTS

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.

 

ENTRY

Upon completion of a formal missive under Scots Law.

 

VIEWING AND FURTHER INFORMATION

By appointment through the sole selling agent, Ime DJK Ltd.

PropertyOverview

  • Property ID:P480
  • Postal Code: EH6 4BS
  • Status:For Sale
  • Type: commercial
  • Class:3 (Food & Drink)
  • Property Size:409 sq ft
  • Price:£120,000

ExtraInformation

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