The subjects occupy the ground and basement floors of a Commercial Unit that forms part of a traditional Edinburgh tenement be-neath a slated pitched roof on a highly prominent corner. Access to the property is gained through a UPVC/Composite door with an electric security shutter over both window and door. The entrance leads directly into an open plan reception/office space with a door on the back wall that lead to a staircase to access the basement. There are two storage areas one under the stairs and a file room to the front of the basement. The rear right hand side has a private office with a window and also houses the WC and a tea prep area.
Location
The premise is located on the junction of Newhaven Road and Ferry Road. While a primarily residential area, there is no shortage of small businesses located in the immediate area of the property, with the A-Haven Hotel, a veterinary clinic, and a solicitor/estate agen-cy to name a few. Amenities such as the Victoria Park and various takeaways are less than a 5-minute walk away.
Ferry road, which leads directly on to the A90, sees much passing traffic from the North of Scotland. There is no shortage of public transport links on either Newhaven or Ferry Road.
Accommodation
Total = 55 sq. m (599 sq. Ft).
Terms
Rent - We are aiming to rent this property on Full Repairing and Insuring (FRI) terms for £8,600 per annum for a minimum of five years.
Rateable Value - According to the Scottish Assessor’s website (www.saa.gov.uk), the subjects have a rateable value of £3,650. 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 com-bined rateable value of all their business premises in Scotland is £35,000 or less.
EPC - The Energy Performance Certifi-cate rating is currently pending.
Utilities - The property is served by mains electricity and water.
Entry - Upon completion of a formal missive under Scots Law.
Legal Costs - Each party shall bear their own legal costs in preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.