The subjects comprise a self-contained Class 3 restaurant premises arranged over the ground and basement floors of a substantial 4 storey detached block of traditional stone construction under a pitched and slated roof.
The subjects are fitted to a high standard throughout, and benefit from a large glazed façade at ground floor level.
Internally, the subjects provide substantial restaurant and private dining areas and public bar area at ground floor level, with extensive storage and cellarage at basement level.
Location
The subjects are located on the east side of Dock Place, situated just off Commercial Street, the main thoroughfare through the Leith District of Edinburgh. Dock Place is a short distance west of the junction with Commercial Street and The Shore, approximately 1.5 miles to the north of Edinburgh City centre.
The area has seen substantial redevelopment in the past, both residential and commercial in nature, with the surrounding area forming a renowned and established restaurant location.
Surrounding occupiers in close proximity include Chop Chop, Teuchters Landing and Michelin starred The Kitchen.
Accommodation
We calculate that the gross internal floor area of the subjects extends to approximately 1,035m² (11,141ft²) or thereby, comprising the following;
Ground Floor
Restaurant Accommodation - 5,027 sq ft (467 sq m)
Basement
Cellerage/Storage - 6,114 sq ft (568 sq m)
TOTAL - 11,141 sq ft (1,035 sq m)
Terms
LEASE TERMS
Our clients are willing to enter into a standard full repairing and insuring lease for a term to be agreed at an initial rental of £60,000 per annum.
PRICE
Our clients will consider a sale of the property.
Further details available from the sole agent.
RATEABLE VALUE
The Lothian Regional Assessors Department have entered the subjects in the current Valuation Roll at Rateable Value of £59,100.
The current non-domestic rate being £XXX exclusive of water rates and sewerage rates.
VAT
All prices, rents and outgoings are quoted exclusive, but may be liable to VAT.
LEGAL COSTS
Each Party to bear their own legal costs in the documentation of this transaction.
ENERGY PERFORMANCE CERTIFICATE
The subjects have an energy performance certificate (EPC) rating of ‘F’.
Specification
- FULLY FITTED RESTAURANT PREMISES
- RENOWNED RESTAURANT LOCATION
- AVAILABLE AT £60,000 PER ANNUM
- MAY SELL – PRICE ON APPLICATION