Occupying the ground and basement floor of a traditional stone-built Edinburgh tenement building with a slated roof, the unit has been tastefully decorated to create an inviting atmosphere. The internal layout is well-designed, maximizing space and functionality for a modern restaurant dining experience.
The restaurant features a warm and inviting ambiance, accentuated by tasteful, ambient lighting that enhances the overall atmosphere. To the mid right, a stylish bar area serves as a focal point, offering a welcoming space for socializing and drinks. The polished brick walls add a touch of rustic charm, contrasting beautifully with the modern lighting and decor.
Large windows at the front and back of the space flood the interior with natural light, creating an open and airy feel throughout. At the rear left, you'll find a fully compliant DDA accessible WC, ensuring ease of access for all guests. To the front right, a staircase leads down to the basement, providing additional space for dining or events. Overall, the layout combines comfort, accessibility, and aesthetic appeal seamlessly.
The basement has 3x WC’s for customers, a large dry storage area towards the front, a cleaner’s cupboard and a cupboard that houses a hot water cylinder and of course the kitchen. The kitchen is fully kitted out to suit high end dining but could be used to create any type of cuisines.
This location offers excellent opportunities for delivery services alongside dine-in and takeaway options, making it an ideal spot for a thriving food business.
Location
The subjects are on South Clerk Street which is situated in the south of Edinburgh city centre; a popular continuation of Clerk Street which leads directly to the Bridges, Royal Mile and the east end of Princes Street.
Newington is a particularly scenic area of Edinburgh with local landmarks such as Salisbury Crags, Arthur’s Seat and the Meadows all in close proximity to each other. There is a strong student population in the immediate vicinity and a wide range of shops, bars and cafes nearby.
There are regular bus links to the city centre but several of Edinburgh’s tourist and festival attractions, such as the Royal Mile and Edinburgh Castle are within walking distance. Other local facilities include: The Queen’s Hall, Festival Theatre, National Museum of Scotland and the Commonwealth Pool.
Accommodation
According to our measurement survey, the subjects would comprise the following approximate areas:
Total NIA - 114 SQ FT (1,227 SQ FT)
Terms
Rating - According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £17,300. 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.
Rent & Lease Term - The rent is £25,000, The lease is held on full repairing and insuring terms and conditions and runs until 2032 with an option to extend, alternatively the landlord would maybe consider an extension for the next occupier.
Premium - We are seeking a premium of offers over £85,000 for the fixtures and fitting’s and the leasehold interest.
Services - The property has mains water, gas and electricity.
Energy Performance Certificate - The EPC rating is pending.
A copy of the EPC and recommendation report can be provided upon request.
Entry - By agreement on completion of legal formalities. Legal Costs
Each party will bear their own legal costs and both parties will share any landlords’ legal costs 50-50%. The ingoing tenant or purchaser will be responsible any LBTT due on the lease purchase.