• Rare opportunity to acquire a modern retail unit
• Situated on fringe of Musselburgh town centre
• Suitable for buy-to-let investor/owner occupier
• Close to road and rail travel links
DESCRIPTION
The subjects form the ground floor of a two-storey steel framed building consisting of retail and leisure units on the ground floor and office suites at first floor level.
Internally, the premises are currently fitted out for a dance studio with a number of large partitioned rooms. On the east side of the unit there is an office, kitchen, store room and WC facilities. The large glazed screens to the front ensure there is plenty of natural light provided to the rooms facing the car park.
The estate on which the subjects occupy has undergone expansion in recent years, including an enlarged car park, and improved access from Newhailes Road. Other occupiers include Home Bargains, Vets 4 Pets, Aldi, Insureness, A&E Controls and Enable Scotland.
Location
Musselburgh is East Lothian’s largest town with a population of 22,000 people and is situated approximately 5 miles east of Edinburgh city centre.
Olive Bank Retail Park is prominently located to the west of Musselburgh town centre just off Newhailes Road, and is directly adjacent to the popular Newhailes Business Park. The location provides excellent access to the motorway network with the A1 and the A720 Edinburgh City Bypass both 2 minute’s drive away.
The local area is well served by public transports links with both bus and rail operators providing regular services to Edinburgh. Musselburgh train station and the park and ride at Newcraighall are less than 1 mile away.
Accommodation
According to our recent measurement survey we calculate the approximate net internal area to be:
244.26 sq m (2,629 sq ft)
Terms
Our client is seeking offers over £XXX for their heritable interest in the subjects.
Consideration will be given to leasehold interests with details provided on request.
Specification
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £XXX The uniform business rate for the current year is £XXX pence in the pound.
For properties with a Rateable Value of £XXX and under occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme, depending on individual circumstances.
UTILITIES
The property is served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
Available on request.
VAT
All prices quoted are exclusive of VAT.
LEGAL COSTS
Each party shall bear their own legal costs in documenting the transaction.
ENTRY
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole selling agent Allied Surveyors Scotland PLC.
Iain Mercer: 0131 357 4455
Iain.mercer@alliedsurveyorsscotland.com