103 High Street, Portobello, Edinburgh, EH15 1AR

To Let – Prominent Retail Premises, 103 High Street, Portobello EH15 1AR

*Closing Date - 12 noon, Friday 31 March 2017*

Location
Portobello is a popular suburb situated on the Firth of Forth approximately 4 miles east of Edinburgh city centre, equidistant from Musselburgh to the East and Leith to the North West with the A199 connecting the three locations and easy access to the A720 Edinburgh City Bypass. The premises are situated on the south side of Portobello High Street within a well-established, retail pitch. The subject benefits from high footfall and is within walking distance of the new Portobello High School. Occupiers in close proximity include a mixture of local and national traders, such as William Hill, McColl’s, Salon Ninety Nine, Findlay’s Butchers and The Fine Wine Company.

Description
The subjects comprise a prominent retail unit arranged over the ground floor of a traditional four storey sandstone building. Internally the property provides an open plan retail space with smaller storage and staff areas to the rear of the ground floor.

Accommodation
We have measured the accommodation in accordance with the RICS Code of Measuring Practice (6th Edition) and we calculate the following Net Internal Areas: Ground Floor 54.8 sq m (589 sq ft)

Rateable Value
We understand that the subjects have a rateable value of £XXX with effect from 1 April 2010. Please note that this rateable value is due to increase to £XXX as of 1 April 2017.  Further details on rateable value, rate poundage and rates relief can be found at www.saa.gov.uk or 0131 344 2500.

Planning
We understand that the property benefits from a Class 1 (Shops) use class as defined in the Town and Country Planning (Use Classes) (Scotland) Order 1997. Interested parties should satisfy themselves as to any planning requirements for their proposed use by contacting the Planning Department on 0131 529 3550 or planning@edinburgh.gov.uk

Terms
The property is available on a new Full Repairing and Insuring (FRI) lease for a negotiable period of time. The Council will insure the structure and the premium will be recovered from the tenant. The tenant will be responsible for contents and all other insurances.

Services
Mains drainage, water and electricity are installed and all charges for such services will be the responsibility of the tenant.

Rent
Rental offers over £XXX per annum exclusive are invited.

Energy Performance Certificate
The property has an EPC rating of F.  A copy of the report is available on request.

Viewing
The property may be viewed by appointment with either Stewart Irwin or Mark Bulloch who can be contacted on 0131 529 5951/5991, or at stewart.irwin@edinburgh.gov.uk / mark.bulloch@edinburgh.gov.uk

Fees
In accordance with the standard practice, the ingoing tenant will be responsible for the Council’s reasonable legal fees and expenses in connection with the transaction, as well as stamp duty, if applicable, and Registration dues. In addition, the tenant will be responsible for the Council’s Corporate Property expenses