The property is currently under construction, however, it will comprise a modern purpose built retail unit with direct frontage onto the West Approach Road. The unit
will benefit from a partly glazed frontage and two access doors to the front of the property.
Location
The property is prominently situated within the Fountainbridge area of Edinburgh and benefits from frontage directly on to the West Approach Road. This is one of Edinburgh’s busiest arterial routes linking the city centre with the western side of the city.
The property is located adjacent to the Springside residential development and the neighbouring Fountainpark leisure complex, with occupiers including Cineworld, Nandos, Virgin Active and Pizza Hut. The property is also in close proximity to recent and proposed developments around the Edinburgh Financial
Services District and Edinburgh Quay areas of the city including offices and proposals for student, hotel and commercial developments.
The subjects form part of a new build student scheme comprising of 302 bedrooms to be opened in September 2015.
The property is ideally located for access to the city centre, west of the city and the motorway network beyond. It is well served by public transport services along the West Approach Road and Dundee Street arterial routes.
Accommodation
We understand the property will extend to a net internal area of 340 Sq M (3,360 Sq Ft).
Terms
LEASE TERMS
New full repairing and insuring leases are available. Additional information and full terms may be obtained via the sole letting agents.
PLANNING
The property has Class 1 (retail), Class 2 (financial) and Class 3 (restaurant) uses.
RATING
The rateable value for the newly created retail unit shall be assessed on occupation.
ENERGY PERFORMANCE CERTIFICATE
The property will be assessed upon practical completion.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred during the transaction. For the avoidance of doubt, the ingoing tenant will be responsible for Stamp Duty Land Tax (SDLT), registration dues and any VAT payable thereon.