The development occupies a prominent roadside position on Whitehouse Road within the affluent Barnton area of Edinburgh, approximately 4.5 miles west of the city centre. The property comprises a two storey brick building with the ground floor split to provide five retail units with the end, corner unit occupied by Sainsbury's extending to the first floor also (utilised for storage). The remainder of the first floor is utilised as office accommodation.
There is an excellent mix of retail units within the development incorporating a Sainsbury's supermarket, Post Office, pharmacy, hot food takeaway and gift shop/cafe.
Location
The subjects occupy a prominent roadside position on Whitehouse Road within the affluent Barnton area of Edinburgh, approximately 4.5 miles west of the city centre. This extremely busy location is situated next to the junction between the A90 (the arterial route from the Forth Road Bridge into and out of Edinburgh’s city centre) and the A902 (leading to the M8 and M9 motorway networks). The property occupies a highly visible corner position on the junction of Whitehouse Road and Barnton Grove. Whitehouse Road is a popular secondary retail parade, facilitating the Barnton, Braepark and Cramond suburbs.
Accommodation
Ground: 2,885 sq ft, First: 1,302 sq ft
Terms
Planning We have been verbally advised by the Local Planning Authority that the subjects currently benefit from Class 1 consent and can therefore be used for retail use. The property may however be suitable for alternative uses (subject to consents). Parties who wish to make further planning enquiries are advised to speak directly to the Local Planning Authority.
Lease Availability by way of sub-lease/assignation to expiry of the current lease 21/08/26 or a new lease direct with the landlord.
Rent The subjects are offered on a Full Repairing and Insuring basis, incorporating 5 yearly rent reviews at an initial rent of £65,102.17 per annum.
Service Charge Managing agents have been appointed in relation to the property and costs incurred in the management, maintenance, upkeep and provision of certain services are recovered via a service charge. Based on the 2020-2021 service charge budget we estimate nonrecoverable service charge in respect of the subjects amounts to approx £3,500 per annum.
Rating We have been verbally advised by the Rates Authority that the rateable value of the subjects with effect from 1 April 2017 is £52,500. (Each new occupier has the right of appeal against this figure). Based on the intermediate property rate of XXX, this rateable value will result in an estimated rates liability in financial year 2021/22 of £26,407.
Energy Performance Certificate A copy of the EPC certificate can be provided on request.
Date of Entry By arrangement.
Specification
- Highly prominent location within one of Edinburgh’s most affluent suburbs
- Situated adjacent to A90/A902 junction, one of the main arterial routes into Edinburgh city centre
- Ground: 2,885 sq ft, First: 1,302 sq ft
- Potential for alternative uses