LOCATION
The subject is located in Penicuik, approximately 10 miles to the south of Edinburgh city centre with a population in the region of 16,000 residents. The subject is situated towards the outskirts of the town in a busy residential area adjacent to Edinburgh Road, the main source of traffic from Penicuik to Edinburgh. The subjects benefit from a variety of neighbouring occupiers including The Golden Bell Chinese, a local newsagents and The Dog House.
DESCRIPTION
The unit is based on the ground floor of a 2 storey, mid terraced, cavity crick constructed block. The property has a pitched and slated roof and has a double shop frontage which is timber framed and provides an attractive position within a row of shops. The property is currently a motorcycle retail unit which is has been maintained and finished to a high standard.
ACCOMMODATION
| Floor | Accommodation | Sq M | Sq Ft |
| Ground | Front shop | 45.46 | 488.8 |
| | Back Shop | 5.95 | 63.9 |
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 rates and sewage rates.
PRICE/ LEASE TERMS
Our clients are willing to enter into a standard full repairing and insuring lease for a term to be agreed incorporating regular rent reviews at an initial rental of £XXXpcm.
For the freehold interest of the property we are seeking offers in excess of £XXX
LEGAL COSTS
Each party are to bear their own legal costs in the documentation of this transaction, however the ingoing tenant will be liable for SDLT, Registration Dues or VAT incurred thereon.
VAT
All prices, rents and outgoings are quoted exclusive but may be liable to VAT.
ENTRY
by mutual agreement
ENERGY PERFORMANCE CERTIFICATE
Available on request
CONTACT
Gregor.Porteous@shepherd.co.uk
Ian.Hannon@shepherd.co.uk
Tel: 0131 225 1234