Property Details

54 Candlemaker Row
Edinburgh, Grassmarket

Offers over£124,000

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PropertyDescription

54 Candlemaker Row, Edinburgh EH1 2QE

 LOCATION

The premise is located centrally on ‘Candlemaker Row’  in between Greyfriars Bobby and the Cowgate. The shops position is on he west side of the street beside other small businesses including bistro/cafés, pubs, tourist shops and boutiques. The street runs parallel with George IV Bridge And is less than a 10 minute walk to Edinburgh Castle.

 There is no shortage of public transport in the vicinity of the premises, Edinburgh Waverly is around  a 15-minute walk away from the premises as well as the nearest tram stop and buses pass regularly on George the IV Bridge. 

 DESCRIPTION

The subjects occupies the ground floor of a commercial unit in a parade of shops with traditional Edinburgh Old town tenement flats above. Access to the property is gained through a small double door which has a  large showcase window on it’s right hand side, entering into an open space which has been used as an antiques shop since the 1980’s.

 The back shop area has a single WC to the left hand side.

 ACCOMODATION

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

 

  • 28 sq. m (301 sq. ft)

 SALE PRICE

This commercial property freehold is for sale for offers over £124,000

 RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a rateable value of £5,600. 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 utilities serving the property are mains water and electricity.

 

 ENERGY PERFORMANCE CERTIFICATE

The EPC rating of this property 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:P605
  • Postal Code:EH1 2QE
  • Status:For Sale
  • Type:commercial
  • Class:1 (Retail)
  • Property Size:301 sq ft
  • Price:£124,000

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