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Commercial Premises Suitable For Various Uses, 3A Montgomery Street Lane, Edinburgh, EH7 5JT

610 Sq Ft / Offices / Mixed Use

Withdrawn - Last updated: 28 September 2022

The subjects comprise a ground and first floor mid-terraced mews property of traditional stone construction, surmounted by what appears to be a pitched and slated roof.

Externally, the property benefits from a timber framed and glazed frontage, with access taken through a centrally located timber framed and glazed pedestrian entrance door.

Internally, the property is currently utilised as open planned yoga studio on the 1st floor, with a therapist’s treatment room, W/C accommodation, reception area and small kitchenette at ground floor level.

The property was extensively refurbished to a high standard by the current owner in 2004, with some of the key specifications noted below:

  • Interior designed by Helen Lucas Architects
  • Sandstone floor finish throughout ground floor level
  • Underfloor heating throughout
  • 4 bespoke skylights and 2 electronically operated velux windows
  • Skorpio System steel wall brackets within 1st floor studio for yoga classes

Location

The subjects are situated on Montgomery Street Lane, which is accessed directly from the west end of Montgomery Street itself, next to the road turning where Montgomery Street Lane meets Elm Row to the west.

Montgomery Street itself is situated to the west of Elm Row and Haddington Place, which provides access to the south to Croall Place, Albert Place and subsequently Leith Walk. Leith Walk acts as the main thoroughfare from the buzzing port district of Leith in the north east of the city, to the east end of Edinburgh’s vibrant City Centre.

Surrounding occupiers include primarily residential dwellings, with some local commercial occupiers based on Montgomery Street Lane itself.

Accommodation

We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition on a Net Internal Area basis in the order of:

NIA: 56.66 sq m (610 sq ft)

Terms

SALE TERMS - We are seeking clean unconditional offers to purchase our clients heritable interest. Sale price can be given out upon request. VAT is not applicable.

RATEABLE VALUE - According to the Scottish Assessors Association website, the property has a current rateable value of £XXX per annum. Any potential occupier could therefore benefit from 100% rates relief in line with the Scottish Small Business Bonus Scheme.

ENERGY PERFORMANCE CERTIFICATE - A copy of the EPC is available to interested parties upon request.

LEGAL COSTS - Each party shall bear their own legal costs in connection with the transaction although in the normal manner the purchaser will be liable for land & buildings transaction tax and registration dues. 

VAT - All prices quoted are exclusive of VAT which may be chargeable.

Specification

  • Unique and Rarely Available C Listed Mews Property
  • Currently Used as A Yoga and Therapy Studio
  • Would Suit a Variety of Different Uses to Include Residential Conversion (STP)
  • NIA of 56.66sqm (610sqft)
  • Price Upon Application (VAT not applicable)


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