Property Details

162 Gorgie Road
Edinburgh, Gorgie

£10,000 P.A.Premium Cost:£25,000

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PropertyDescription

162 Gorgie Road, Edinburgh EH11 2NT
Class 3 Hot Food Takeaway
Lease Disposal

An excellent opportunity has arisen to acquire the leasehold of this highly desirable fully fitted Class 3 Hot Food Takeaway unit on Gorgie Road.

LOCATION
This superb unit is approximately 2 miles west of Edinburgh city centre on the north side of Gorgie Road, occupying a central location in between Wheatfield Street and McLeod Street and just around the corner from Tynecastle High School as well as Tynecastle Football stadium. Gorgie Road (A71) is a main route to and from Edinburgh for commuters.
There are regular public transport links to the city centre and transport hubs such as Haymarket Station and Murrayfield Tram stop. Edinburgh city centre is within a 10-12 minute walk and Fountain Park which houses a cinema, restaurants, a bowling arcade and a casino is a 5-10 minute walk away.

DESCRIPTION
The subjects form part of a traditional Edinburgh tenement building on a busy retail and residential thoroughfare. The unit is a hot food takeaway and is very well presented and in excellent decorative condition both internally and externally.
The shop layout’s suits the use as a takeaway for burgers, wraps, fries, milkshakes etc. The shop benefits greatly from the school kids at lunch times as well as good footfall in the evenings and a highly populated delivery area. The unit would suit any types of cuisine and new occupiers could choose to open earlier if they wish.
Internally the unit is configured into a generous open space to the front which is sub divided by the sales/service counter with customer serving/waiting area to the front of counter and cooking/serving area behind. The back shop provides further space for food preparation, storage freezers etc as well as the WC facilities and a good-sized storage cupboard.
This unit comes fully fitted with the extraction system and all the equipment in place. (see photos)

ACCOMODATION
According to our measurement survey the unit is approximately:
31 SQ M (334 SQ FT)

LEASE DETAILS
There are currently 13 years remaining of a 15 - year FRI (full repairing and insuring) lease at £10,000 per annum.

PREMIUM
Our clients are seeking a £25,000 premium for the leasehold and fixtures and fittings.

SERVICES
The property has mains water, drainage and electricity.

ENERGY PERFORMANCE RATING
The EPC rating is F.

RATING
The rateable value is £5,100
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.

VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, Ime DJK Group Ltd.

LEGAL COSTS
Each party is responsible for their own legal and costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable

ENTRY
On completion of legal formalities.
Council tax band: X, EPC rating: F.

PropertyOverview

  • Property ID:P643
  • Postal Code: EH11 2NT
  • Status:For Rent
  • Type: commercial
  • Class:3 (Food & Drink)
  • Property Size:334 sq ft
  • Price:£10,000
  • Premium Cost:£25,000

ExtraInformation

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