The subjects comprise a refurbished corner Class 2 Office/Retail unit arranged over the part ground and basement floors of a substantial 4 storey and basement corner terraced tenement building of solid stone construction pointed externally under a part pitched and slated, part flat felt roof.
The accommodation, which is currently fitted out as offices, comprises ground floor front office with a partitioned rear office, basement partitioned offices, stores and ladies and gents WC facilities. The offices are well appointed and predominantly have carpeted suspended timber floors with plastered and painted walls and ceilings with predominantly spotlight fitments. There has been a substantial set of security shutters recently installed and the entry is via a corner door onto Caledonian Crescent.
Location
The subjects are situated on the north side of Caledonian Crescent on the corner of the junction with Orwell Terrace, a quarter of a mile to the south west of Edinburgh’s Haymarket station and approximately three quarters of a mile to the south west of Edinburgh city centre.
Caledonian Crescent is situated in the Gorgie Dalry district of Edinburgh, which is a popular vehicular route leading a high volume of traffic into the city centre from the west as well as being a well established secondary retailing location. Neighbouring commercial occupiers in close proximity include Domino’s Pizza and the Dalry swimming baths.
The surrounding area has undergone substantial redevelopment in recent years including the extension of the nearby Haymarket Train Station and the creation of Edinburgh’s new tram line, both of which are approximately a 6-7 minute walk.
Accommodation
The accommodation and floor areas provided in the property can be summarised as follows:
Ground Floor
Offices - 524 sq ft (48.71 sq m)
Basement
Offices - 470 sq ft (37.80 sq m)
Stores - 49 sq ft (4.59 sq m)
TOTAL - 980 sq ft (91.10 sq m)
Terms
RATEABLE VALUE The Regional Assessors Department have entered the subjects in the current Valuation role at a Rateable Value of £XXX At the time of publication the non-domestic rate is £XXX exclusive of water and sewerage rates.
As such the property is eligible for the Scottish Governments small business rates relief scheme. Further details are available from the selling agent.
PRICE/LEASE TERMS
Our clients are currently seeking offers over £XXX for the freehold (heritable) interest in the subjects.
LEGAL COSTS
Each party to bear their own legal costs in the documentation of this transaction.
VAT
All prices, rents and outgoings are quoted exclusive but may be liable to VAT.
ENERGY PERFORMANCE CERTIFICATE
The subjects have an EPC rating of G. A copy of the EPC can be provided upon request.
ENTRY
By mutual agreement
Specification
- SUITABLE FOR OFFICE/RETAIL
- CLOSE TO NEW “HAYMARKET HUB”
- EXTENDS TO 91.10 sq m (980 sq ft)
- AVAILABLE IMMEDIATELY
- OFFERS OVER £XXX