Property Details

15 Colinton Road
Edinburgh, Morningside

£12,000 P.A.

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PropertyDescription

AVAILABLE EARLY 2021

LOCATION
The subjects are located on Colinton Road, situated just off the junction between Bruntsfield Place and Colinton Road, referred to as the Holy Corner. Proximate to the Merchiston and Morningside areas, the property is located in a particularly busy and scenic area, with the A702 being a major thoroughfare continuing off Bruntsfield Place with lots of passing motorists and pedestrians.

While a desirable residential area, the immediate vicinity of 15 Colinton Road hosts no shortage of businesses. Amenities include a Tesco Metro, Starbucks Coffee and The Bruntsfield Links, with plenty of bus stops within a minutes’ walk away.

DESCRIPTION
The subjects are configured over the ground floor forming part of a three-storey tenement building. Access to the property is gained through a glazed doorway with a showcase bay window opposite allowing for plentiful amounts of light into the shop. The front-shop (285 sq. Ft) is currently configured as a retail space with a L-shaped checkout till installed.

Through a doorway at the rear of the front-shop leads to a WC and a storage area of approximately 155 sq. ft, which also includes a steel sink/tea prep area. Walls are finished in white with the floor finished in a wood-effect.

This property would suit any Class 1 (retail) use such as a hairdresser, shop, cold-food consumption etc.

ACCOMMODATION
According to our recent measurement survey, the property comprises of the following approximate net internal area:

Total = 41 SQ M (440 SQ FT)

RENT
Our clients are looking for £12,000 pa (excl. VAT) to lease the property.

LEASE DETAILS
The subjects are available on a new Full Repairing and Insuring (FRI) basis with a rent of £12,000 per annum for a term to be agreed.

SERVICES
The property has mains water, gas, and electricity.

ENERGY PERFORMANCE RATING
The Energy Performance Certificate (EPC) rating G.

RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £7,700. 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 in Scotland is £35,000 or less.

LEGAL COSTS.
Each party is responsible for their own legal and costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.

ENTRY
On completion of legal formalities.

VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, ime DJK Group Ltd.

PropertyOverview

  • Property ID:P571
  • Postal Code: EH10 5DP
  • Status:For Rent
  • Type: commercial
  • Class:1 (Retail)
  • Property Size:440 sq ft
  • Price:£12,000

ExtraInformation

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