The subjects comprise a ground floor and basement class 1A premises of traditional stone construction surmounted by a pitched and slated roof, contained as part of a larger 3 storey building.
Internally, the premises have recently been refurbished to a white box/walk-in condition standard, to include plastered and painted walls and ceiling, modern kitchenette units and new light fittings. The premises has a single phase electrical system and electric storage heaters, and a W/C compartment located to the rear as well as further storage. Access to the basement is taken via a floor hatch in the front sales area, as well as a further floor hatch that is located to the rear.
The premises benefits from flexible space and would suit any class 1A user.
Location
The subjects are located in the Tollcross district of Edinburgh, approximately 0.6 miles to the south of Edinburgh’s west end and city centre. Tollcross is a vibrant and diverse area that benefits from exceptional passing trade, with it being strategically as a continuation of the A702, the main thoroughfare that passes through Bruntsfield, Morningside and Comiston and links the city centre to the southside of the city and Edinburgh city bypass.
More specifically, the subjects are situated on the eastern side of Home Street, just past the primary Tollcross junction that connects Home Street, Brougham Street, West Tollcross, Lauriston Place and the top of Lothian Road.
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, storage, W/C - 35.39 sq m (383 sq ft)
Basement Storage - 34.63 sq m (372 sq ft)
Total - 70.02 sq m (753 sq ft)
Terms
SERVICES: We understand the premises to benefit from mains water, drainage, a single phases electrical system and electric storage heaters.
SALE TERMS: Our client is seeking offers over £120,000 for the outright purchase of their heritable interest.
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 £6,500 per annum.
It should be noted under the terms of the Small Business Bonus Scheme, the property maybe eligible for 100% rates relief.
PROPOSAL: Any proposals to purchase should be sent directly to the sole selling agents.
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 maybe chargeable.
Specification
- Rare opportunity to acquire heritable premises within Edinburgh City Centre
- Recently refurbished to an excellent “white box” standard
- Situated in desirable and popular Tollcross district
- Superb passing pedestrian footfall and vehicular trade
- Qualifies for 100% business rates relief
- Offers over £120,000