Property Details

105 Leith Walk
Edinburgh, Leith Walk

Guide price£225,000

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PropertyDescription

LOCATION

The premise is located towards the Northern end along Leith Walk, one of Scotland’s most populated streets, and a major thoroughfare connecting Leith to the City Centre. In a parade of similar commercial units, the street also sees a large student population, who use the street’s wide and high capacity pavements to traverse.

Two miles from Edinburgh’s City Centre, Leith Walk’s multiple bus stops house a wide transport network, easing access to any location in Edinburgh. Additionally, the highly anticipated tram lines are due to commence service down Leith Walk in Late 2021.

DESCRIPTION

The subjects comprise a two-storey commercial unit in a parade of similar properties. Access to the property is gained through a recessed door beside a large showcase window, entering a large open space formerly used as a bakery, behind which is a kitchen and a small storage area.

Access to the first floor is gained via a timber staircase which leads to another open space, floored in oak and a beautiful exposed stone wall, extending the length of the room. The room is perhaps best used as a small seated area, with three separate WC’s to the rear.

This property would suit any class 1 use.

ACCOMMODATION

According to our recent measurement survey, the subjects comprise of the following approximate net internal area:

  • 95.25 sqm (1,025 sqft).

GUIDE PRICE

We are looking for offers in the region of £225,000 for our client’s freehold interest.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a rateable value of £7,600. 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 ins Scotland is £35,000 or less.

UTILITIES

The property is served by mains gas, electricity and water.

VAT

There will be no VAT due on the sale.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate (EPC) rating is currently pending.

ENTRY

Upon completion of a formal missive under Scots Law.

LEGAL COSTS

Each party shall bear their own legal costs.

VIEWING AND FURTHER INFORMATION

By appointment through the sole selling agent, ime DJK Group Ltd.

PropertyOverview

  • Property ID:P559
  • Postal Code: EH6 8NP
  • Status:For Sale
  • Type: commercial
  • Class:1 (Retail)
  • Property Size:1,025 sq ft
  • Price:£225,000

ExtraInformation

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