• Attractive retail premises with return frontage
• Large useable basement with direct street access
• May suit office use (subject to planning)
• Qualifies for 100% rates relief
• 102 sq m (1,097 sq ft)
DESCRIPTION
The subject property comprises a corner retail unit over ground and basement with a return frontage and three storeys of residential flats above.
The ground floor, which benefits from three large window openings, provides a spacious open plan area plus a private office, tea prep and WC.
The basement, meanwhile, is a significant plus for the property because it is fully tanked and useable with a head height of approximately 1.8 metres. In addition, there is a further WC and whilst internal access is available from the ground floor staircase, a set of double doors off Primrose Terrace make deliveries straightforward.
Location
Slateford Road (A70) is a continuation of Dalry Road and is approximately 2 miles south-west of Edinburgh city centre. It is situated within Slateford which is a highly sought-after residential district.
The property is located on the corner of Primrose Terrace and benefits from high levels of passing traffic due to Slateford Road being a popular route in and out of the city centre. Regular bus services are available from the property.
Parking is available outside the premises between the hours of 9.30am and XXXm with further parking available in surrounding streets.
Accommodation
According to our recent measurement survey the subjects comprise the following approximate net internal area:
102 sq m (1,097 sq ft)
Terms
RENT
Our client is seeking offers over £XXX per annum to grant a new lease.
LEASE TERMS
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.
Specification
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £XXX effective 1st April 2017. The uniform business rate for the current year is 46.6 pence in the pound.
Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £XXX or less.
UTILITIES
The property has supplies of mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate is pending.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.
ENTRY
On completion of legal formalities.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, Allied Surveyors Scotland plc.