The subjects comprise an attractive 3/4 car garage arranged over the ground floor of a 2 storey brick built premises part pointed and part roughcast externally under a flat felt roof. The subjects are located to the rear of the main townhouse building at 49 Thistle Street.
Internally the garage can accommodate up to 4 vehicles with additional storage accommodation and is accessed via 2 electronic roller garage doors and benefits from mains power and light.
Location
The subject premises is located on the south side of Thistle Street Lane North between the junctions of Hanover Street to the east and Frederick Street to the west within Edinburgh’s main historic city centre commercial facilities which are centred around George Street and Princes Street.
The subjects are located in a busy lane located to the rear of a number of townhouse offices, niche retail units and a number of bars and restaurants on Thistle Street.
Accommodation
We calculate that the gross internal area of the subjects extends to approximately 60.48 m² (651 ft²) or thereby.
Terms
RATEABLE VALUE
The subjects are entered in the current Valuation Roll at a rateable value of £4,850 per annum, the current non domestic rate being 48.0 pence exclusive of water rates and sewerage rates.
Please note, a new tenant or occupier of a property has a right to appeal this rateable value within 6 months of the beginning of the tenancy agreement.
PRICE
Our client is seeking offers in the region of £175,000 (ONE HUNDRED AND SEVENTY FIVE THOUSAND POUNDS) for their freehold (heritable) interest in the property.
Please note, our client need not accept the highest nor indeed any offer over the subject premises.
LEGAL COSTS
Each party 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
Specification
- Secure 3/4 car garage
- Modern electric roller door access
- Prime city centre location