Property Details

54a Clerk Street
Edinburgh, Newington

£25,000 P.A.Premium Cost:£25,000

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PropertyDescription

AVAILABLE TO SUB-LEASE
Class 3

54a Clerk Street, Edinburgh, EH8 9PS

Location
The unit is located on Clerk Street, which is in the popular Newington area of Edinburgh, just a mile from the City Centre. Clerk Street forms part of the main arterial road into Edinburgh from the south leading onto the Bridges and subsequently Princes Street. The surrounding area is densely populated with a large student population due to the various Edinburgh University Campus’. The premises are located adjacent to a pelican crossing and busy bus stops.
The property is situated in a parade of similar styled retail units with three storeys of residential properties located above. Other retailers close by include Armstrong’s vintage clothing and Marmaris Kebab House, as well as a wide selection of local artisan retailers, delicatessens, bars, restaurants, cafés and services.

Description
This premises is a full class 3 Unit. It has undergone new renovations and is fully fitted. Internally, the café/eatery is well presented and looked after. There is a seating area featured at the back of the premises, with an open kitchen/serving area at the front.
The property has nice features and could easily suit a host of various cuisines.

Accommodation
According to our recent measurement survey the premises contain the following approximate net internal area:
45 SQ M (484 SQ FT)

Rating
According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of (AWAITING REASSESSMENT). 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

Rent & Premium
Our client is seeking rent of £25,000 per annum alongside an offers over £25,000 premium on full repairing and insuring terms on sub-let basis for a term to be agreed.

Services
The property has mains water, gas and electricity.

Energy Performance Certificate
The EPC rating is Pending
A copy of the EPC and recommendation report can be provided upon request.

Entry
Entry will be upon completion of a formal missive under Scots Law.

Legal Costs
Each party is responsible for their own legal costs but the ingoing tenant will be liable for any Registration Dues and LBTT relating to this transaction.

Viewing
Strictly by appointment via the sole selling agents

Contact
Ime DJK Group Ltd 0131 290 2350 – commerical@ime.co.uk

PropertyOverview

  • Property ID:P623
  • Postal Code: EH8 9JB
  • Status:For Rent
  • Type: commercial
  • Class:3 (Food & Drink)
  • Property Size:n/a sq ft
  • Price:£25,000
  • Premium Cost:£25,000

ExtraInformation

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