The subjects comprise retail premises occupying the ground and basement floors of a four storey and attic traditional stone tenement building surmounted by a pitched and slated roof. The traditional frontage with painted surround incorporates a timber framed and glazed full height display window, together with a timber and glazed entrance door.
Internally the subjects are laid out to provide a front sales and back shop area, together with toilet compartment, allowing for a variety of retail uses. The large basement is accessed via a hatch in the front shop area by way of a timber stair case and provides significant amount of storage space.
Location
Haddington is a popular town in East Lothian with an estimated resident population of approximately 12,000 persons. Haddington is the main administrative, cultural and geographical centre for East Lothian and is a popular commuting town to Scotland’s capital city of Edinburgh, which is located only 20 miles west and is easily accessible via the A1.
The town is undergoing rapid expansion with a number of national house builders (Cala, Taylor Wimpey, McTaggart & Mickel, Avant, Stewart Milne) actively on site developing the town’s western boundaries.
More specifically, the subjects are located on the north side of the High Street and nearby occupiers include J. S. Main and Sons, Saddlers, Day-to-Day and Haddington Wines and Whiskys, together with numerous cafes and restaurants.
Accommodation
The accommodation has been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition). The floor areas are approximately as follows:
NIA: 24.72 sq m (266 sq ft)
Terms
RATING ASSESSMENT - From reference to the Scottish Assessors Association website, the subjects are noted to have a Rateable Value of £XXX This therefore means that potential occupiers could benefit from 100% Rates relief in line with the Small Business Bonus Scheme.
LEASE TERMS - Offers of £XXX per annum are invited on a full repairing and insuring lease for a negotiable period.
SALE TERMS - Our client may consider selling the property. Offers over £XXX exclusive of VAT, are invited for the purchase of our client’s heritable interest in the subjects.
ENERGY PERFORMANCE - A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
VAT - All prices quoted are exclusive of VAT.
LEGAL COSTS - Each party will be responsible for paying their own legal costs incurred in this transaction.
Specification
- Suitable for a variety of retail uses
- Limited investment required
- Good location in town centre with on-street parking
- Large basement storage area
- £XXX per annum