The subjects comprise a ground floor retail unit lying within a traditional stone built tenemental property, having residential dwellings above, being held under a pitched timber and slated roof incorporating flat felt clad sections. The unit has a prominent main and return frontage.
Internally, the accommodation benefits from three distinct interconnected areas, together with two toilet cubicles and a tea preparation facility. Decor is similar throughout with floors being of a mixed solid and suspended timber design benefiting in the main from carpet overlays. A high level of natural daylight is provided to the accommodation via display frontage windows.
The property may present an attractive opportunity for owner-occupiers', investors and developers seeking premises in a well-established and accessible location.
( Agency Pilot Software ref: 55208 )
Location
The subjects are situated within the Polwarth district of Edinburgh, approximately two miles to the south west of Edinburgh city centre. Bryson Road comprises a predominantly residential locality, with a number of similar commercial units having been redeveloped for residential purposes in the recent past.
The location benefits from a degree of local amenity and lies in relatively close proximity to Edinburgh city centre and Fountainbridge, both of which areas provide good levels of residential amenity. More precisely, the subjects lie at the intersection of Bryson Road and Ritchie Place
Accommodation
77.20 Sq M (832 Sq Ft)
Terms
RATEABLE VALUE According to the Scottish Assessors Association, we note that the subjects have a rateable value of £2,650. Any prospective purchaser could benefit from 100% Business Rates Relief under the Small Business Bonus Scheme.
SALE PRICE We are seeking offers over £175,000 for our clients heritable interest in the property.
EPC A copy of the Energy Performance Certificate can be given upon request.
LEGALS Each party is to pay their own legal costs, the purchaser will be liable for any LBTT, VAT and registration dues incurred within the transaction.
VAT The subjects have not been elected to tax and therefore VAT is not payable upon the sale price
Specification
• Prominent corner Class 1A unit
• Located 2 miles south west of Edinburgh City Centre
• Lends itself to development subject to planning
• Qualifies for 100% business rates relief
• NIA: 77.20 Sq M (832 Sq Ft)
• Offers over £175,000
• VAT free opportunity