Property Details

10 Roseneath Street
Edinburgh, Marchmont

Offers over£135,000

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PropertyDescription

LOCATION

The subjects are located on Roseneath Street which is situated south of Edinburgh city centre along the meadows in a mixed residential/commercial area. A particularly scenic area, there is a strong student population and a wide variety of shops, cafés and restaurants nearby.

There are numerous nearby bus links to the city centre and elsewhere, with the no. 41 bus serving Roseneath Street directly. There are several of Edinburgh’s tourist and festival attractions, Other local facilities and amenities include: The Queen’s Hall, Festival Theatre, The meadows, National Museum of Scotland, and the Commonwealth Pool.

DESCRIPTION

The subjects are configured over ground floor forming part of a traditional 5-storey tenement building with excellent street frontage.  The front open space makes this property suitable for uses such as retail and café purposes, with a rear study suitably sized for storage, also including a WC, all connected by a hallway via the rear kitchenette.

The Large front windows allow lots of natural light to enter the premises, with tall ceilings greatly enhancing the spaciousness of the property.

ACCOMODATION

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

57 sq. m (614 sq. Ft)

RENT

Our clients are seeking offers over £135,000 for the freehold interest of the property.

SERVICES

The property is served by mains water, and electricity.

ENERGY PERFORMANCE RATING

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

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £6,000. 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

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:P576
  • Postal Code: EH9 1JH
  • Status:For Sale
  • Type: commercial
  • Class:1 (Retail)
  • Property Size:614 sq ft
  • Price:£135,000

ExtraInformation

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