The property comprises a highly prominent ground floor corner unit with the benefit of Class 3 planning consent. The subjects form part of a four storey stone built building under a part pitch and slate roof. Internally the property is arranged as a café with a main seating area fronting Bernard Street and Maritime Street, a newly formed Assisted WC, additional WC and kitchen / serving area. There is a secondary access point from Maritime Street via a pent. Internally, the property requires an element of upgrading.
Location
Edinburgh is a UNESCO World Heritage city and Scotland's capital, located approximately 400 miles north of London and 45 miles east of Glasgow. It is a key political, legal and judicial centre and is the second largest financial centre in the UK. The city has a population of approximately 525,000 and a regional catchment of around 1.6 million people. Edinburgh has a diverse economy with more FTSE 100 companies located there than any other city in the UK outside of London, a booming tourist industry, and one of the fastest growing airports in the UK with over 200 direct routes.
More specifically, the property is located within the heart of bustling Leith, a vibrant district to the north of Edinburgh. The prominent corner unit is situated on the south side of Bernard Street at its junction with Maritime Street to the west and Constitution Street to the east. There is an exciting mix of nearby occupiers including hotels, restaurants, coffee shops, bars and retail units. Nearby uses include Pierinos, The Kings Wark, Malmaison Hotel, Sainsbury's Local and Boombarbers.
Accommodation
Front Café: 54.35 sqm (585 sqft)
Rear Kitchen: 33.72 sqm (363 sqft)
Total NIA: 88.07 sqm (948 sqft)
Terms
Lease Terms: The property is available on full repairing and insuring (FRI) terms for a minimum of 5 years.
Rent: Offers of £30,000 per annum exclusive of VAT are invited.
Rateable Value: We are advised by the Rates Authority that 23 Bernard Street and 26 Maritime Street are individually listed; however, it is anticipated the newly combined unit will be assessed as a single property. The current rateable value of 23 Bernard Street is £12,600 and 26 Maritime Street is £4,200. The ingoing occupier has the right of appeal against these figures.
EPC: The property has an EPC rating of E.
Date of Entry: By arrangement.
Legal Costs: Each party shall be responsible for their own legal costs; however, the ingoing tenant shall be responsible for any registration dues, Land and Buildings Transaction Tax (LBTT) and any VAT payable thereon.
Specification
- PROMINENT CLASS 3 UNIT IN THE HEART OF VIBRANT LEITH
- HIGHLY VISIBLE CORNER PROPERTY IN A POPULAR LOCATION
- CLOSE TO ‘THE SHORE’ TRAM STOP
- GROUND FLOOR OF 88.07 SQM (948 SQFT)
- OFFERS OF £30,000 PER ANNUM ARE INVITED