The subjects comprise a ground floor and basement hot-food takeaway premises of traditional stone construction, contained within a larger 4 storey premises surmounted by what appears to be a pitched and slated roof.
Internally, the subjects benefit from a sales/serving area with customer waiting space to the front, with full commercial kitchen and fittings to include storage and a basic W/C compartment located to the rear. The premises further comprises a good-sized basement that is accessed via a floor hatch with timber staircase, which is located behind the serving counter.
Location
Leith Walk is 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 new Edinburgh east end – Newhaven tram line.
311 Leith Walk itself sits on the eastern side of Leith Walk between the junctions/turnings for Dalmeny Street and Iona Street. The unit is situated approximately 50m from one of the new Newhaven line tram stops.
Nearby occupiers to the premises include La Casa, Best One Convenience Store, Cherry Bay Cafe and Braids Veterinary Practice.
Accommodation
We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition on a Net Internal Area basis in the order of:
NIA: 107.69 sq m (1,159 sq ft)
Terms
SALE TERMS - Our client is seeking offers over £175,000 for the outright purchase of their heritable interest.
PREMIUM - Our client is seeking a premium/goodwill payment of £15,000, for the purchase of all seen equipment and fixtures and fittings currently within the premises.
RATEABLE VALUE - According to the Scottish Assessors Association website, the property has a current rateable value of £9,800 per annum, meaning any potential occupier could benefit from 100% rates relief in line with the Scottish Small Business Bonus Scheme.
ENERGY PERFORMANCE CERTIFICATE - The property has an EPC rating of # and a copy of the certificate is available to interested parties on request.
LEGAL COSTS - Each party shall bear their own legal costs in connection with the transaction although in the normal manner the purchaser will be liable for land & buildings transaction tax and registration dues.
VAT - Please note unless otherwise stated, VAT may be chargeable at the prevailing rate.
Specification
- Rare opportunity to purchase fully fitted hot-food takeaway premises
- Situated on Edinburgh’s vibrant and historic Leith Walk
- Located approximately 50m from new Leith Walk tram stop
- NIA of 107.69sqm (1,159sqft)
- Offers over £175,000 (exc. of VAT)