Located in Midlothian, some 6 miles south-east of Edinburgh. Newtongrange lies only a short distance from a major interchange on the A720 Edinburgh City Bypass, the Sheriffhall Roundabout, thereby offering excellent road connectivity to locals and businesses alike. The A1 trunk road is less than 3 miles to the east providing access to towns in East Lothian, such as Musselburgh, Haddington and North Berwick, with the M8 interchange at Hermiston Gait 10 miles westwards.
Newtongrange, meanwhile, is approximately 2.5 miles to the south west of Dalkeith situated between the A68 and A7 these roads are principal links to the Scottish Borders making towns such as Galashiels and Stow easily accessible. The former mining villages of Mayfield and Easthouses border Newtongrange which enjoys elevated views to the Pentland Hills and Edinburgh beyond.
Rail connectivity has been greatly improved in recent years with the opening of the Borders Railway connecting Galashiels with Edinburgh Waverley. The Newtongrange Station is very close to the property with Eskbank and Gorebridge stations less than 2 miles away in either direction. Bus connections are also readily available providing connections into the city centre.
The subjects comprise the ground floor of a retail unit of a two-storey traditional building constructed of stone under a pitched and slated roof. There are two large display windows to the front of the property beneath a good advertising board space with glazed entrance door to the centre within a inverted door way. The street is a mix of commercial and residential uses with retail, office and business uses on the ground floors with residential units above.
Internally, the unit is a basic rectangular in shape open plan front shop retail area which is bright and has high ceilings.
The back shop is also mainly rectangular in shape currently used by the current occupier as workshop/storage space for the picture framing business that operates from there at the moment.
There are windows to the rear as well as a side entrance, the WC is located to the rear left of the back shop.
The shop front benefits from metal security shutters over the shop front as well as the side door.
This shop would suit a variety of retailers including hairdressers, coffee shop or many others.
According to our recent measurement survey the premises contain the following approximate internal area:
Total: 67 SQ M (721 SQ FT)
Our clients are seeking a rental figure in the region of £6,000 per annum.
Our clients are looking to create a new lease on a Full Repairing and Insuring basis for a term to be negotiated, preferably 5 years or more.
According to the Scottish Assessor?s website (www.saa.gov.uk) the subjects have a Rateable Value of £4,450. The uniform business rate for the current year is £0.49 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 and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
Upon completion of a formal missive under Scots Law.
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.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, Ime DJK Group Ltd.