Commercial Investment For sale , 13, Market Street, Haddington, EH41 3JL

The subjects comprise a ground floor retail unit as part of a larger 2 storey and attic traditional stone-built premises surmounted by a pitched and slate roof. Externally the subjects benefit from a large, glazed frontage with access taken via a centrally located recessed timber framed and glazed entrance door.

Internally the subjects are laid out to provide an open plan sales area/salon, with two further treatment rooms, staff area, W/C and further ancillary storage facilities.
( Agency Pilot Software ref: 52790 )

Location

The subjects are located within the East Lothian Market town of Haddington lying approximately 17 miles east of Edinburgh. The town itself is easily accessible located just off the A1 which forms one of the main arterial routes linking Scotland to England. More specifically the subjects are located on the North side of Market Street close to the junction with Hardgate and Victoria Terrace. Market Street itself is mixed in nature with the majority of commercial premises on the ground floor and residential dwellings above.

Accommodation

The property extends to 82.64 Sq M (889 Sq Ft)

Terms

PRICE Fixed price £160,000 exclusive of VAT equating to a Net Initial Yield of 7.98%

RATEABLE VALUE The current rateable value is noted as £11,600 and therefore an occupier will benefit from 100% rates relief in line with the small business bonus scheme.

LEGAL COSTS + VAT Each party is to bear their own legal costs. The prospective purchaser will be responsible for the land and buildings transactional tax, registration and any registration dues.

Specification

• Located within a prominent location on Market Street 
• Ground floor retail premises.
• The current passing rent is £13,000 per annum. 
• Lease expiry 29th February 2032