Property Details

10B South Trinity Road
Edinburgh, Trinity

Offers over£80,000

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PropertyDescription

10B SOUTH TRINITY ROAD, EDINBURGH, EH5 3NR
INVESTMENT SALE

 

LOCATION

South Trinity Road is located circa 2 miles north-west of Edinburgh City Centre just off Ferry Road (A902). It is situated in the highly desirable Trinity area only a short walk from Goldenacre and the Royal Botanical Gardens.

The area is a mixture of commercial and residential and is much sought after due to its close-proximity to the City Centre and other local amenities.

There are public transport links available in the immediate area as well as on street, car-parking nearby the property.

 

DESCRIPTION

The property comprises the lower ground floor of a four-storey traditional built property, currently let to LEAFYscot a microgreen urban farm. The unit sits below a parade of retail units on the ground floor with two floors of residential properties above. Other occupiers in the block include a skin clinic, hair dressing salon, café, funeral directors and chiropractor.

Internally the unit is laid out as one open plan area. Access is gained through a gate and from a set of stairs to the rear of the property. There is a window allowing light into the good-sized area, a concrete floor with chipboard and is well presented. There is no WC currently in the premises, but the tenant has plans to install one.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate gross internal area:  48 SQ M (517 SQ FT)

 

LEASE DETAILS

The property is currently let for £6,000 per annum and has 3.5 years remaining on a full repairing lease.

 

PRICE

Our client is seeking a price of offers over £80,000 for the freehold purchase of the property.

 

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the property has a Rateable Value of £850. 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.

 

UTILITIES

The properties are served by mains electricity and water.

 

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate rating is 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

PropertyOverview

  • Property ID:P589
  • Postal Code: EH5 3NR
  • Status:For Sale
  • Type: investment
  • Class:6 (Storage or Distribution)
  • Property Size:517 sq ft
  • Price:£80,000

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