The premises comprise a ground fl oor unit with extensive glass frontage onto Ratcli ff e Terrace and Grange Loan. Internally the unit bene fi ts from laminate fl ooring, WC facilities, electrical distribution and mounted ceiling light fi ttings. There is also basement storage which is accessed via an access hatch. The premises we understand has consent for Class 1A (Shop) however alternative uses will also be considered subject to a change of use.
( Agency Pilot Software ref: 10133 )
Location
Ratcli ff e Terrace is located in Causewayside, approximately 1.5 miles from Edinburgh City Centre. There are many nearby amenities and local traders such as Tesco Express, Petrol Filling Station, National Tyre Autocare, Jewsons, Pharmacy, Local Cafes and close proximity to Edinburgh University Pollock Halls, The Meadows and the Royal Commonwealth Pool. A number of bus routes pass by on Newington Road which is the next street parallel to Ratcli ff e Terrace
Accommodation
Basement Store 336 sq ft (31 sq m )
Ground Floor 628sq ft ( 58sq m )
TOTAL 964 sq ft (89sq m )
Terms
BUSINESS RATES According to the Local Assessors the premises has a Rateable Value of £10,900, which results in rates payable (2023/2024) of £5,428 per annum.
TERMS The subjects are o ff ered on a new Full Repairing and Insuring lease for a term to be agreed. The quoting rent for this unit is £17,000 plus VAT per annum. Further details are available upon request. Alternatively, our client will consider o ff ers for the heritable interest in the property. Interested parties are advised to note their interest in writing to the sole selling agents.
VAT All fi gures quoted are exclusive of VAT, which is payable at the prevailing rate.
ENTRY Immediate entry is available upon completion of missives.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in this transaction. In the normal manner, the purchaser will be liable for any LBTT and registration dues.
ENERGY PERFORMANCE CERTIFICATE (EPC) This property will have proposed rating of ‘G’. The certi fi cate is available upon request.
Specification
- CLASS 1A (SHOP) CONSENT
- ELIGIBLE FOR RATES RELIEF
- PROMINENT DOUBLE FRONTAGE
- IMMEDIATE ENTRY AVAILABLE