The subjects comprise a ground floor and basement class 1A premises of traditional stone construction, contained as part of a larger two-storey premises that is surmounted by a pitched and slated roof.
Internally, the premises offers bright and well-conditioned open plan space at ground floor level, with a spiral staircase to the rear of the space leading downstairs to the basement. The basement offers further excellent and usable space via two generous sized rooms, that could be used for a variety of storage, office, staff accommodation. The premises benefits from a single W/C compartment at basement level and also offers a lower ground fire exit that leads to the rear lane behind the premises.
Location
Portobello is a popular and vibrant suburb within Edinburgh that is located approximately 3 miles east of the city centre and lies on the shore of the Firth of Forth, and boasts a popular promenade and beach. Portobello over recent years has become a vibrant place to live, work and socialise, and attracts ample amounts of tourists during the summer months.
The premises itself is located at the north-east end of the High Street and is surrounded by various local and national commercial occupiers within the nearby vicinity at ground floor level, and primarily residential dwellings at tenement level above.
Accommodation
The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a Net internal basis and is as follows:
Ground Floor Sales, office - 14.66 sq m (158 sq ft)
Basement (2 Rooms) Office, storage, staff, W/C - 29.43 sq m (317 sq ft)
TOTAL - 44.09 sq m (475 sq ft)
Terms
SERVICES: The subjects benefit from mains electricity, water and sewerage.
LEASE TERMS: We are inviting offers over £8,000 per annum on a new Full Repairing and Insuring lease for a term to be agreed.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request. The rating is #.
NON DOMESTIC RATES: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £2,625 per annum.
PROPOSAL: Any proposals to lease should be sent directly to the sole marketing agents on the below details.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.
VAT: We have been informed that VAT is not payable on top of rent.
Specification
- Class 1A premises available on new FRI lease
- Located in highlighted established and desirable Portobello district of Edinburgh
- Benefits from excellent passing vehicular trade and high levels of pedestrian footfall
- Excellent residential and commercial catchment area with increased levels of footfall during summer months
- Rental offers over £8,000 per annum (VAT not payable)