The Causewayside area of Edinburgh is located approximately 0.4 miles south of the city centre. It is known to be a desirable area for residential living with a strong business and retail presence in the immediate area.
The property lies close to the junction of West Preston Street and is directly opposite Sainsburys local. The area benefits from good footfall and the unit has excellent visibility from passing motorists. Surrounding occupiers include Tesco Express, National Library of Scotland and Majestic Wine Warehouse.
Causewayside is known for having high volume of Student residencies and is a main route for Students walking to either George Square or The Kings Buildings respectively.
The area 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 four-storey dwelling with a slated roof. Externally the premises form a single fronted unit with a fixed pane window and timber door with borrowed light and good signage space above. The unit is tastefully decorated with a good layout internally that suits the former occupiers (hairdresser) and the unit will certainly suit other varieties of retailers.
The front area of this unit is open plan area with a large storage/staff area and passageway to the back shop. There is a large storage cupboard located centrally on the way through to the back-shop area. The back-shop is bright and a good-sized additional space, the WC is located to the very far rear left-hand side of the shop. Internally and externally the property is in good decorative order.
According to our measurement survey, the subjects would comprise the following approximate areas:
Total NIA 48 SQ M (517 SQ FT)
According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £4,700. 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.
A rent in the region of £12,000 per annum is sought for this property.
The property has mains water 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.