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Retail Premises With Storage To The Rear, 90 Leamington Terrace, Edinburgh, EH10 4JU

553 Sq Ft / Retail / General Retail

For Sale - £175,000.00

Sold - Last updated: 17 November 2020

The subjects comprise a ground floor and basement retail premises as part of a larger 5 storey and attic over basement traditional stone built tenement property, surmounted by a pitched and slated roof which appears to incorporate a central flat platform.

The subjects benefit from a single glazed display window to the front with access taken through a recessed part glazed door to one side, offering good natural daylight into the unit itself, and which we note has an external steel roller security shutter.

Internally the property is laid out to provide a front shop with treatment room formed with stud and plaster partitioning, and a rear shop which has also been fitted out as a treatment room, to the rear of which is additional storage and a single WC incorporating a single glazed sash and case timber window. The shop has a suspended timber floor with carpet and vinyl finishes and the walls are of plaster/plasterboard with a wallpaper finish. There is a plaster ceiling with painted finish within the front shop, and suspended ceilings within the treatment rooms.

The property also benefits from a basement which can be accessed through a floor hatch located within the front sales area and down a fixed timber staircase. Construction is by way of solid concrete floors, solid stone walls with a painted finish. 

Location

The subjects lie in the affluent area of Bruntsfield, approximately 1.8 miles South from Edinburgh’s City Centre. The unit is surrounded by various local and national operators as well as bars and restaurants, with excellent transport links to the centre itself. The area is also a hugely popular residential hub with houses, traditional stone tenements and student accommodations. The unit lies within walking distance of Edinburgh’s Napier University, the newly developed Boroughmuir High School and Fountain Park, Edinburgh’s primary entertainment complex.

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:

51.42 sq m (553 sq ft)

Terms

PRICE - Offers Over £175,000 exclusive of VAT are invited for the heritable freehold.

RATES - According to the Scottish Assessors Association website the property has a current rateable value of £5,400 per annum, meaning that any potential occupiers could benefit from 100% rates relief in line with the Small Business Bonus Scheme.

LEGAL COSTS - Each party will be responsible for their own legal costs.

VIEWING - Strictly by appointment through the sole selling agents.

DATE OF ENTRY - Entry will be available on completion of legal formalities.

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

Specification

  • Retail Unit Within Popular Bruntsfield Area
  • Close proximity to Edinburgh Napier University and Bruntsfield Links
  • Net internal area of 51.42 sqm (553 sqft)
  • Offers Over £175,000 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers over For Sale Freehold £175,000.00 NA

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