165a Bruntsfield Place comprise a ground floor and basement retail unit contained within a four storey traditional mid terraced property.
Location
The subjects lie in the affluent area of Bruntsfield, approximately 1.8 miles from Edinburgh’s City Centre.
Bruntsfield Place is a busy thoroughfare that links Bruntsfield to Lothian Road and subsequently the City Centre. The unit is surrounded by various local and national operators as well as bars and restaurants, with excellent transport links to the centre itself.
The area is also a hugely popular residential hub with houses, traditional stone tenements and student accommodations. The unit lies within walking distance of Edinburgh’s Napier University, the newly developed Boroughmuir High School and Fountain Park, Edinburgh’s primary entertainment complex.
Accommodation
We understand the property extends to a total area of 93 sq. m (1,001 sq. ft or thereby)
Terms
ASSESSMENT - We have consulted the Scottish Assessor’s website (www.saa.gov.uk) and note that the premises are entered in the current Valuation Roll as follows:-
Rateable Value: £17,300
We are advised that the current business rate is 48 pence.
GENERAL REMARKS - This is an excellent opportunity to acquire the leasehold interest in this prominent property in one of Edinburgh’s affluent areas.
RENT - £26,000 per annum excluding VAT
Specification
- Class 1 retail unit within prime location
- Ground and Basement extending to 93 sq m (1,001 sq ft)
- Rent £26,000 per annum