The premises occupy the ground and basement floors of a commercial unit within a row of similar properties with residential above. The exterior of the building is well maintained, with access through a glazed door protected by an ornate gate with a large showcase window on the right. Upon entry, you are greeted by a vestibule adorned with ornate traditional floor tiles, which leads into a well-presented retail space, open plan and rectangular in shape with high ceilings. At the back, there is a spacious private room/office area along with a small WC.
The basement is accessed via a trapdoor with a timber staircase and offers dry storage beneath the front area.
The property has great potential for a variety of vendors.
Location
The property is situated on the northeast side of Ashley Terrace a continuation of Shandon Place, meeting the main arterial routes of Slateford Road (A70) to the north most side and Colinton Road to the south most. Ashley Terrace is situated in the Shandon area of Edinburgh, a short distance from Polworth and Merchiston, being approximately 2 miles to the southwest of the city centre. The sub-jects themselves lie within a parade of other similar style retail units occupied by local covenants including a dog grooming shop, bar-ber shop, an art gallery, as well as cafés and a Margiotta.
Accommodation
Total = 69.43 SQ M (747 sq. Ft).
Terms
Rent - We are aiming to rent this property on Full Repairing and Insuring (FRI) terms for £14,000 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 £5,600. 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 F.
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.