Property Details

10 Clifton Terrace
Edinburgh, Haymarket

£36,400 P.A.Premium Cost:£35,000

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PropertyDescription

LOCATION

The property is located near the junction of Rosebury Crescent on the north side of Clifton Terrace, directly opposite the newly refurbished Haymarket Train Station.

The immediate area offers a range of excellent amenities including Tesco Express, Starbucks and a number of bars and coffee shops as well as the new Haymarket development which is approaching completion. The popular Platform 5 pub is just a few doors away from the subjects

The area benefits from excellent transport links with Tram stop, bus stop, taxi rank and Train station directly outside the shop.

DESCRIPTION

The subjects, trading as 'FISH Haymarket', comprise a single windowed unit configured over ground and basement and forming part of a stone-built tenement.

Internally, the subjects comprise of a bright, nicely decorated customer waiting area to the right of the front shop and a staff counter and fryer etc.. fitted to the left hand side of the shop which divides the front shop. the rear front shop has canopy extraction as well as individual fryers and a display fridge.

The shop is fully fitted to a very high standard with too much equipment to list fully and is very clean and tidy and in walk in condition.

The back shop area hosts more refrigerators prep areas and storage spaces.

The subjects also benefit from an extensive basement which provides excellent storage, further equipment and the WC is located here also.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate net internal area:

73 SQ M (786 SQ FT)

RENT AND PREMIUM

The current rent is £700 per week.

A £35,000 premium is sought to purchase the FRI leasehold for 10 years.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £11,700. 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.

UTILTIES

The premises 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.

LEGAL COSTS

Each party shall bear their own legal costs in the with the eventual tenant liable for any Registration Dues or LBTT thereon.
Any Landlord legal costs will be covered by assignee and assignor.

ENTRY

Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION

By appointment through the sole letting agent, Ime DJK Group Ltd.

PropertyOverview

  • Property ID:P550
  • Postal Code: EH12 5DR
  • Status:For Rent
  • Type: commercial
  • Class:3 (Food & Drink)
  • Property Size:786 sq ft
  • Price:£36,400
  • Premium Cost:£35,000

ExtraInformation

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