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Large Double Fronted Retail Premises, 4-5 Summer Place, Edinburgh, EH3 5NR

2,573 Sq Ft / Retail / General Retail

Sold - Last updated: 27 May 2022

The subjects comprise a ground floor and basement retail unit as part of a larger 3 storey traditional stone built tenement premises surmounted by a pitched and slated roof. The frontage of the shop protrudes outwards from the main tenement and this section is of a single storey in nature surmounted by a flat roof which is covered in an asphalt covering. The frontage itself is highly visible and benefits from full height display windows being of single glazed and timber framed nature with access taken via a recessed timber framed and single glazed pedestrian entrance door which is centrally located.

Internally the subjects are laid out to provide open plan sales accommodation to the front which is currently utilised as a piano show room. This area is well presented with a carpet overlay finish to the floor, the walls being solid with wall paper finish and the property also benefitting from high ceilings with decorative cornicing throughout. Artificial lighting is provided by way of hanging pendant track lights.

To the rear of the property on the right hand side there is a level change up a half flight of stairs offering a further mezzanine style display area which adds to the unique character of the unit.

To the left hand side of the property and to the rear again there is another level change up a set of stairs, providing a small wc compartment as well a tea/coffee preparation area. There is also office space and access into a further storage/office space. Further natural daylighting is afforded to the rear of the unit by sash and case timber framed windows.

The property also benefits from a lower ground floor/basement level. This is accessed by a solid staircase to the middle rear of the property and is laid out to provide ancillary storage accommodation. Toward the rear of the lower ground floor/basement there are double timber doors which lead directly out onto what is common garden area and is at ground floor level to the rear this area also benefits from a wc, having a good floor to ceiling height with further natural daylighting afforded through the timber framed single glazed window.

The rest of the basement towards the front of the shop is of more typical basement accommodation and can be utilised for ancillary storage accommodation.

Location

The subjects are located within the Canonmills area of the city approximately 1 mile north of Edinburgh’s main commercial hub of Princes Street with easy access to the centre from Dundas Street.

More specifically the subjects are located on Summer Place within a parade of other similar style retail units including Tanz, Connor Malcolm and a local antiques and bookshop, with Summer Place itself being a continuation of Inverleith Row as part of the B901.

The subjects are well located and benefit from good transport links with regular local buses passing the property. There are also nearby visitor attractions including The Royal Botanic Gardens with access from Inverleith Row or from Inverleith Terrace.

Accommodation

The property has been measured in accordance with the RICS Code of Measuring Practice – 6th Edition on a net internal area basis and is as follows: -

Ground floor:- 120.5 sq m (1,292 sq ft)

Basement/lower ground floor: 119.07 sq m (1,281 sq ft)

Total:- 239.12 sq m (2,573 sq ft)

Terms

RATEABLE VALUE: According to the Scottish Assessors Association website the property has a current rateable value of £XXX

PRICE: Offers over £XXX

DATE OF ENTRY: Upon completion of legal formalities.

ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) is available upon request.

VIEWING: Strictly by arrangement with the selling agents.

VAT: All prices quoted are exclusive of VAT.

LEGAL EXPENSE: Each party will be responsible for the payment of their own legal costs in this transaction. The purchaser will be responsible for any LBTT, registration dues and VAT included thereon.

Specification

  • Large double fronted retail unit benefitting from full height display windows
  • Located within the popular and affluent area of Canonmills
  • Property benefits from great transport links and passing trade
  • Arranged over ground and basement/ lower ground floor
  • NIA 239.12 sq m (2,573 sq ft)
  • Offers over £XXX


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