Property Details

10 Clifton Terrace
Edinburgh, Haymarket

£26,000 P.A.Premium Cost:£20,000

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PropertyDescription

10 CLIFTON TERRACE, EDINBURGH, EH12 5DR
TO LET

• Starting rent of £26,000 per annum
• Highly sought-after class 3 use with alcohol license
• Fully fitted Fish and Chip Shop
• New Lease Available

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 in Haymarket. 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, recently trading as The Station Takeaway, 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 and nicely decorated customer waiting area to the right of the front shop and a staff counter and fryer etc.. fitted to the center of the shop which divides the front shop. The left-hand side is the working serving area.

The shop is fully fitted to a very high standard and is very clean and tidy and in walk in condition.

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

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 starting rent will be £500 per week for the first year.
Rent will rise to £800 per week in year two and be reviewed again around year five.

A £20,000 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.

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:£26,000
  • Premium Cost:£20,000

ExtraInformation

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