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, a major thoroughfare connecting Leith to the city centre, also one of Scotland’s most populated streets. 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 the city centre, Leith Walk’s multiple bus stops houses a wide transport network, easing access to any location in Edinburgh.

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 small storage area.

Access to the first floor is gained via a timber staircase, leading to another open space, floored in oak, and is perhaps best used as a small seated restaurant area, with a WC and two small storage areas at the rear.

This property would suit any class 3 use (or below).

ACCOMODATION

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 £0.498 pence in the pound (as of April 2020).

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.

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

PropertyFeatures

  • Excellent Signage Potential
  • High Footfall
  • Trams Commencing Q3 2021

ExtraInformation

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