The subjects are located on Dalkeith Road which is one of the main arteries into Edinburgh city centre from the south for commuters. The surrounding area provides a mix of residential and retail properties, one of the main Edinburgh University student residencies, located only 1.2 miles from the restaurant.
The site enjoys excellent passing trade generated by the number of residential dwellings and local businesses in the immediate vicinity. Visitors to the city often stay in the area’s extensive range of guest houses whilst the number of local bus routes make this a very accessible location.
The subjects currently trade as Bodrum Express and comprise a ground floor and basement retail unit of a four - storey traditional building constructed of stone under a pitched and slate roof. There is a display window to the front of the property with an entrance door.
Internally, the unit is a basic rectangular in shape with a front sales / cooking area fully equipped for chip shop, kebab and pizza use. To the rear of the property is a food preparation area with fridges, freezers, sinks and a potato peeling/chipper machine.
The basement area is accessed via a timber staircase from the back shop and is a useful storage area.
A staff WC for staff is also located here. The business has good specification with a full inventory including a gas range, pizza oven, kebab machine, charcoal grill, hotplate, preparation tables. Fridges, freezers, etc.
The property is currently benefits Class 3 Hot food takeaway use.
According to our recent measurement survey the premises contain the following approximate net internal area:
Ground floor 69 q. m. (743 sq. ft.)
The passing rent is £14,000 per annum.
Our client is seeking offers around £25,000 for the goodwill of the business.
According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £9,100. The uniform business rate for the current year is £0.484 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.
The property is served by mains electricity, gas and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME DJK Group.
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.