The subjects comprise a double windowed commercial premises arranged over ground floor and basement of a traditional, four storey tenement building.
The property benefits from two entrances off Dalkeith Road with two large display windows and signage above. Internally, the premises is currently presented as a heating engineer’s showroom with open plan space and a single partitioned office. There is a slight change in level at the mid-point.
The basement provides storage and staff accommodation include a single toilet compartment and tea prep area.
Location
Dalkeith Road is situated some 2 miles south of Edinburgh city centre and is a busy traffic route connecting the city’s Southside with periphery locations.
The subject property forms part of a small shopping parade with residential units above. It is situated on the west side of Dalkeith Road opposite Kilmaurs Terrace.
Public transport is widely available with restricted car parking outside.
Accommodation
According to our recent measurement survey the premises contain the following approximate net internal area:
68 sq m (732 sq ft)
Terms
RENT
Our client is seeking rental offers over £13,000 per annum. VAT is not applicable.
LEASE TERMS
The premises are available for let on flexible terms for a period to be negotiated.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £8,700 effective 1st April 2023. The uniform business rate for the current year is £0.498 pence in the pound.
Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
UTILITIES
The property is served by mains gas, electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.
ANTI-MONEY LAUNDERING
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due dilligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.
ENTRY
Upon completion of a formal missive under Scots Law.