The subjects comprise a rarely available, ground floor retail premises, set within a larger, traditionally constructed 4-storey building, surmounted by an assumed pitched and slated roof.
Internally, the premises is arranged to provide a main retail area, rear storage, kitchen and WC at ground floor level. The property benefits from a large, glazed frontage, with access achieved via a recessed timber framed pedestrian access door. Security measures are in place by way of an external roller shutter.
Location
The subjects are located on Leith Walk, a vibrant and historic street located to the east end of Edinburgh’s city centre. The road itself connects Edinburgh’s city directly to the Leith district via road, bus and the recently extended Edinburgh east end – Newhaven tram line.
287 Leith Walk itself sits on the eastern side of Leith Walk between the junctions/turnings for Dalmeny Street and Jameson Place. The premises benefits from a Newhaven line tram stop directly outside.
The area boasts a mix of residential and commercial uses, with nearby occupiers including Your Move, Tesco Express and Cake Box.
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 - 41.60 sq m (447 sq ft)
Terms
SALE TERMS: We are seeking offers over £135,000 (exc. of VAT) for the outright purchase of our client’s heritable interest (Scottish equivalent of English freehold).
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects will be available upon request.
NON-DOMESTIC RATES: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £6,900 per annum.
It should be noted under the terms of the Small Business Bonus Scheme, the property maybe eligible for 100% rates relief.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.
VAT: All prices quoted are exclusive of VAT which may be chargeable.
Specification
- Class 1A premises for sale
- Rarely available Leith Walk location
- Occupiers may qualify for 100% business rates relief
- 41.60 SQ M (447 SQ FT)
- Offers over £135,000 (exc. VAT) to purchase