The subjects comprise of a semi-detached, brick built, class 1A premises under a flat roof ssurmounted by a flat roof with what we assume to be a bituminous felt or similar type covering. Internally, the subjects benefit from a main room with ancillary space located to one side. The property contains a small tea prep area and W.C.
Location
Longstone is a district located in the southwest of Edinburgh, Scotland. Primarily a residential area with a mix of housing types, including traditional tenements, modern flats, and some detached houses. The area is known for its proximity to amenities such as shops, schools, and parks. Longstone is well-connected to the city centre by both bus and tram routes. More Specifically, the subjects lie on Longstone road which leads directs to Calder Road which, thereafter, directly links to the M8 motorway connecting Edinburgh to Glasgow.
Accommodation
The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a Net internal basis and is as follows:
Ground Floor Retail - 27.68 sq m (298 sq ft)
Terms
TENURE: The subjects are available of a Full Repairing and Insuring Lease for an initial term of 1 year.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
NON-DOMESTIC RATES: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £4,000 per annum.
It should be noted under the terms of the Small Business Bonus Scheme, the property may be eligible for 100% rates relief.
PROPOSAL: Our client is seeking a rental of offers over £5,000 per annum.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.
VAT: All prices quoted are exclusive of VAT which maybe chargeable.
Specification
- Prominent position with high levels of passing traffic
- NIA - 27.68 SQ M (298 SQ FT)
- Qualifies for 100% small business bonus scheme rates relief
- Rental offers over £5000 per annum (excl of VAT)