Property Details

120A Straiton Road
Midlothian, Loanhead

£18,000 P.A.Premium Cost:£25,000

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PropertyDescription

120A Straiton Road, Loanhead, Midlothian EH20 9NL
TO LET

Starting rent of £18,000 per annum
Showroom Use
Current Business Model Available
Other Uses Considered
Secure entrance and Parking

LOCATION

The property is ideally located close to Ikea and the slip Road for the Edinburgh City Bypass (A720) Directly opposite Straiton Retail Park.

The immediate area offers a wide range of amenities including Sainsburys, Halfords, McDonalds and Costa to name a few. The unit itself is set just 40 yards off the main Straiton Road on the west side, with excellent signage from the road directing you in.

The area benefits from excellent transport links with buses passing frequently and the City Bypass on your doorstep.

DESCRIPTION

The subjects, trading as The Bed Store, is formed by a series of metal shipping containers with glazed windows and sliding patio doors which provide a pleasant bright space, configured over the ground floor carpeted with LED lighting.

The subjects suit the current business with private parking and designated spaces for customers and collections. Internally the layout is a vast open plan area for showcasing the stock and there is a private staff only area to the right hand side for storage, tea prep/staff area and WC. Additionally there are two large storage container within the yard.

The business is available for someone to take over and can be made even more profitable by more on-line presence or alternatively The unit would make an excellent sales showroom for just about anything like Mountain bikes/E-bikes showroom and workshop, fitness/training studio, the possibilities are endless.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate net internal area:

200 SQ M (2,153 SQ FT)

RENT AND PREMIUM

The rent for this property is £18,000 per annum on Full Repairing and Insuring Terms.
A £25,000 premium is sought if you would like to take over the business which is already very profitable, figures can be discussed with seriously interested parties.

RATEABLE VALUE

According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £9,900. 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.

UTILTIES

The premises is served by mains electricity and water.
The ingoing tenant will be responsible for these costs.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate rating is Pending.

A copy of the recommendation report is available on request.

LEGAL COSTS

Each party shall bear their own legal costs in the with the eventual tenant liable for any Registration Dues or LBTT thereon.

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.

Council tax band: X,

PropertyOverview

  • Property ID:P634
  • Postal Code: EH20 9NL
  • Status:For Rent
  • Type: commercial
  • Class:10 (Non-residential Institutions)
  • Property Size:2,153 sq ft
  • Price:£18,000
  • Premium Cost:£25,000

ExtraInformation

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