The subjects comprise a ground floor Class 3 unit within a traditional stone tenement building. The premises benefit from a glazed frontage providing excellent natural light and visibility to passing trade with excellent signage space above.
Internally, the accommodation is well presented and arranged to provide a welcoming restaurant area to the front, a staircase leading to the basement is in the central area, that leads down to a storage area and WC. The back of the unit has an open plan kitchen area with extraction fitted; this would suit a wide variety of cuisines looking for a cosy restaurant or café.
More seating could be added in the space in front of the kitchen, and the kitchen could be closed off.
Location
The property is located on the west side of Morningside Road, a highly popular mixed-use thoroughfare with a strong retail presence connecting to Bruntsfield, approximately 1 mile south-west of Edinburgh city centre.
Morningside benefits from high levels of pedestrian and vehicular traffic and serves a densely populated residential area with a strong mix of local retailers, cafés, and service businesses.
Nearby occupiers include M&S Foodhall, Boot The Chemists, Soderberg and several independents and food operators.
Accommodation
According to our recent measurement survey, the premises comprise the following approximate net internal areas:
Ground Floor - 42 sq. m. (454 sq. ft)
Basement - 20 sq. m. (215 sq. ft.)
Total - 62 sq. m. (667 sq. ft.)
Terms
RENT & LEASE TERMS - The current rent is £20,000 per annum.
The property is on a Full Repairing and Insuring (FRI) lease with 20 years remaining.
PREMIUM - Our client is seeking offers over £45,000 for an assignation of lease, they would consider a sub-lease too, with terms to be discussed.
RATEABLE VALUE - According to the Scottish Assessors Association website, the current Rateable Value is £17,000.
UTILITIES - The property is connected to mains water, and electricity.
ENERGY PERFORMANCE CERTIFICATE - The Energy Performance Certificate (EPC) rating is G.
LEGAL COSTS - Each party will bear their own legal costs in the preparation of the lease. The incoming tenant will be responsible for Registration Dues and Land and Buildings Transaction Tax (LBTT) applicable. The landlord shall bear no cost.
ENTRY - Entry will be available upon completion of formal missives under Scots Law.
Specification
TO LET/LEASE DISPOSAL
Class 3 / Restaurant
324 Morningside Road, Edinburgh EH10 4QJ
LOCATION
The property is located on the west side of Morningside Road, a highly popular mixed-use thoroughfare with a strong retail presence connecting to Bruntsfield, approximately 1 mile south-west of Edinburgh city centre.
Morningside benefits from high levels of pedestrian and vehicular traffic and serves a densely populated residential area with a strong mix of local retailers, cafés, and service businesses.
Nearby occupiers include M&S Foodhall, Boot The Chemists, , Soderberg, and several independents and food operators
DESCRIPTION
The subjects comprise a ground floor Class 3 unit within a traditional stone tenement building. The premises benefit from a glazed frontage providing excellent natural light and visibility to passing trade with excellent signage space above.
Internally, the accommodation is well presented and arranged to provide a welcoming restaurant area to the front, a staircase leading to the basement is in the central area, that leads down to a storage area and WC. The back of the unit has an open plan kitchen area with extraction fitted; this would suit a wide variety of cuisines looking for a cosy restaurant or café.
More seating could be added in the space in front of the kitchen, and the kitchen could be closed off.
ACCOMMODATION
According to our recent measurement survey, the premises comprise the following approximate net internal areas:
| Floor | Area (sq. m.) | Area (sq. ft.) |
| Ground Floor | 42 sq. m. | 454 sq. ft. |
| Basement | 20 sq. m. | 215 sq. ft. |
| Total | 62 sq. m. | 667 sq. ft. |
RENT & LEASE TERMS
The current rent is £20,000 per annum.
The property is on a Full Repairing and Insuring (FRI) lease with 20 years remaining.
PREMIUM
Our client is seeking offers over £45,000 for an assignation of lease, they would consider a sub-lease too, with terms to be discussed.
RATEABLE VALUE
According to the Scottish Assessors Association website, the current Rateable Value is £17,000
UTILITIES
The property is connected to mains water, and electricity.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate (EPC) rating is G.
LEGAL COSTS
Each party will bear their own legal costs in the preparation of the lease. The incoming tenant will be responsible for Registration Dues and Land and Buildings Transaction Tax (LBTT) applicable. The landlord shall bear no cost.
ENTRY
Entry will be available upon completion of formal missives under Scots Law.
VIEWING AND FURTHER INFORMATION
Strictly by appointment through the sole letting agents:
Ime DJK Group Ltd
0131 629 5050
Commercial@imedjk.co.uk