Property Details

158-160 Ferry Road
Edinburgh, Ferry Road

Offers over£125,000

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PropertyDescription

LOCATION
The subjects are located on the eastern side of Ferry Road, a major road situated north of Edinburgh city centre, connecting Drylaw to Leith, with Newhaven and Trinity districts along the road.

Just south of Ferry Road lies a host of schools such as Fettes College, Edinburgh Academy and Broughton High School, along with facilities such as the Western General Hospital and numerous parks, playing fields and the Royal Botanic Gardens.

Though the surrounding properties are mainly residential, there are nearby restaurants/takeaways, cafes, bars, a medical centre and post office. Furthermore, there are regular bus links to the city centre.

 

DESCRIPTION
The subjects are configured over ground and basement floors forming part of a traditional tenement building with excellent street frontage.  The premise is heavily compartmentalised to suit the current occupiers and could be opened up to suit other businesses.  The entrance leads to an open plan reception and nail bar area, from which access to one other private room and a WC is gained on the right side, an archway continues to the left side of the unit where two larger beauty rooms are located, both excellently fitted and decorated with room front left boasting a modern shower cubicle. Furthermore, there is a staircase leading to a basement where a neat and tidy fitted kitchen, further WC and a Tanning spray room are located.   Another basement is accessed via a floor hatch by the entrance, leading to a separate underfloor area for extra storage space.

Large south-facing windows allow a generous amount of natural light into the building, and soundproof ceiling tiles mute the activities of residents above.

 

ACCOMMODATION
Total NIA: 91.3 SQ M (982.7 SQ FT)

 

SALE PRICE
Offers over £125,000 are sought for the freehold purchase of the property.

SERVICES
The property has mains water, drainage and electricity.

ENERGY PERFORMANCE RATING
The EPC rating is pending.

RATING
According to the Scottish Assessor’s website (www.saa.gov.uk) the property has a Rateable Value of £7,258. 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.

LEGAL COSTS
Each party is responsible for their own legal and costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the sale including LBTT or VAT applicable

ENTRY
On completion of legal formalities.

PropertyOverview

  • Property ID:P494
  • Postal Code: EH6 4NX
  • Status:For Sale
  • Type: commercial
  • Class:2 (Office)
  • Property Size:979 sq ft
  • Price:£125,000

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