The subjects comprise the ground floor of a two-storey building with a mansard roof. The upper floor is in residential use.
The property comprises a former post office with an aluminum and brick facing shop frontage and roller shutter.
Internally, the premises provides open plan retail space with a store plus staff area and WC to the rear.
Location
Ferry Road is located approximately 1.5 miles north of Edinburgh city centre. It is a principal trunk road which runs from Davidson Mains village through to the city’s Leith area.
The property is situated on the south side of Ferry Road, towards its east end, with the property located between Dudley Avenue South and North Fort Street.
The subjects are situated on a busy parade of local shops in a mostly residential district. Surrounding commercial occupiers include Boots and Scotmid Co-operative.
Accommodation
According to our recent measurement survey the premises contain the following approximate net internal area:
67.4 sq m (726 sq ft)
Terms
RENT
Our client is seeking offers over £12,500 per annum (£240 per week).
LEASE
The property is available on full repairing and insuring (FRI) basis for a period to be negotiated.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £8,100. The uniform business rate for the current year is £0.498 pence in the pound.
Occupiers may be eligible for rates relief through the small business bonus scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
UTILITIES
The property is served by mains gas, electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.
ENTRY
Upon completion of a formal missive under Scots Law.