The subjects comprise a ground floor premises of traditional stone construction, contained as part of a larger 4 storey building surmounted by a pitched and slated roof. The lower section of the premises benefits from a painted stone finish whereas the upper floors consist of a stone-chip/rough-cast render.
Internally, the subjects consist of an open plan retail space with rear hot-food counter, storage and a W/C compartment. The flooring currently has a laminate finish with the walls benefitting from a retail/slat-wall décor, with the ceiling noted to be of a false-tiled finish.
Location
The subjects are located in the area of Liberton, which is situated to the south of Edinburgh’s City Centre. More specifically, the subjects lie on the corner of Lasswade Road with a return frontage facing Park Crescent.
The premises lies just off the A701 which is one of the main arterial routes running from Edinburgh’s City Bypass into the east end of the City Centre.
Accommodation
We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition. From our measurements taken on site we have calculated the Net Internal Area of the subjects to be in the order of:
68.55sqm (737sqft)
Terms
PLANNING - We understand the premises to currently have class 1A consent, although planning permission has been obtained for a class 3 café / restaurant. Further information can be obtained via the City of Edinburgh Council Planning Portal under reference number 21/03154/FUL.
RENT - Our clients are seeking offers over £17,500 per annum on a Full Repairing and Insuring lease for a negotiable period.
NON-DOMESTIC RATES - According to the Scottish Assessors Association website, the property has a current rateable value of £8,600 per annum, meaning any prospective occupier may benefit from 100% rates relief in line with the Scottish Small Business Bonus Scheme.
VAT - The prices quoted are exclusive of VAT which may be chargeable.
LEGAL COSTS - Each party will be responsible for their own legal costs.
DATE OF ENTRY - Entry will be available on completion of legal formalities.
ENERGY PERFORMANCE - A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request. For reference, the property has an energy rating of #.
Specification
- Opportunity to occupy prominent premises in established Edinburgh district
- Class 1A use with planning consent for Class 3 café / restaurant
- Benefits from excellent passing vehicular trade and local resident footfall
- NIA of 68.55sqm (737sqft)
- Rental offers over £17,500 per annum (exc. of VAT)