Fowler Terrace is located just off Dundee Street (A70) in the Polwarth area of Edinburgh approximately 0.5 miles west of the city centre. The area is very popular with students and young professionals but there is also a strong business presence with a variety of shops and offices nearby including the ‘One Sixty’ office development and a Sainsbury’s Local.
This opportunity is also close to the recently completed Napier University halls of residence opposite Fountain Park and a short walk from the site of the new Boroughmuir High School.
The subjects comprise a Class 2 unit configured over ground and basement forming part of a traditional Edinburgh tenement under a pitched slate roof. Externally this corner premises is well presented and tastefully decorated.
Internally the ground level is an open plan office capable of seating 4-5 people with a large boardroom, two private offices, shower and toilet facilities and a kitchen. Other features include Cat 5 cabling throughout, recessed down lighters and a spiral staircase leading to further office/ storage space in the basement.
The premises would suit office occupiers, beauticians, surgeries or any retail usage.
Ground floor 76 SQ M (823 SQ FT)
Basement 21 SQ M (230 SQ FT)
Total Net 98 SQ M (1,055 SQ FT)
According to the Scottish Assessors Website (www.saa.gov.uk) the subjects have a Rateable Value of £6,500. The uniform business rate for the current year is £0.49 pence in the pound
A rent of £12,500 is sought on a full repairing and insuring lease.
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.
Upon completion of a signed formal FRI lease and deposit agreement.
Each party shall bear their own legal costs but the eventual tenant will be liable for any LBTT should it be applicable.