The premises are located in Haymarket Terrace, Edinburgh close to the junction of Coates Gardens. It is mixed use area with retail on the ground floor with residential on the four floors above as well as purpose-built office premises. Haymarket is a central transport hub for buses, the railway station and traffic.
Haymarket Terrace boasts a high footfall throughout the day with commuters, office workers and tourists trade. The premises are located in parades of similar styled retail/licensed and office properties under traditional tenement buildings.
The subject property comprises a ground floor sales area with a lower ground floor for preparation, storage and staff area. Internally, the unit is currently an open plan area with high ceilings. The back shop is well laid out as an open commercial kitchen, some work remains to be done on the class 3 extraction system. Stainless steel and tiling is in place. The WC is to the rear left hand side.
The basement level is accessed from a traditional timber staircase, this leads down to an open plan storage area with some kitchen units and work tops as well as ample space for dry goods
The unit benefits from a n excellent shop frontage with large display window and glazed doors that allow plenty of natural light to shine into the eatery. There is also a large double window on the back wall
We are seeking an annual rent of £18,000 per annum for this property on full repairing and insuring terms. Preferably for a minimum of at least five years.
The Property is served by mains water, gas and electricity.
According to the Scottish Assessor’s website (www.saa.gov.uk), the subjects have a rateable value of £10,300. 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.
Upon completion of a formal missive under Scots Law.
Each party shall bear their own legal costs in preparation of the sale with the eventual buyer liable for any Registration Dues or LBTT thereon.
Viewing and Further Information
By appointment through the sole letting agent, ime DJK Group Ltd.