The subjects an upper ground floor premises of traditional stone construction contained within a larger 3 storey with lower ground and attic premises, surmounted by a pitched and slated roof. The premises further provides timber framed and singled glazed sash and case windows that provide excellent natural light and visibility into the premises.
Internally, the premises comprises open plan retail accommodation presently used as a bakery and cafe but would be suitable for a number of various uses. More specifically, the premises provides retail/sales, seating and service space to the front with a customer W/C and storage cupboard, with kitchen/prep space, storage and staff facilities located to the rear.
Location
The premises is situated on the eastern side of Broughton Street, an extremely busy thoroughfare that leads from part of Edinburgh’s new town to the main hub of Edinburgh’s east end. The premises is situated just off the corner of Forth Street and opposite the junction to Albany Street, with York Place and the top of Leith Walk only a minor distance away.
Being on a main articular route, the premises benefits from excellent passing vehicular trade and pedestrian footfall all-year round, and is surrounded by various other national and local commercial occupiers at ground level with primarily private residential dwellings above.
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:
73.92 sq m (795 sq ft)
Terms
RENT & LEASE TERMS - The salient/passing lease terms are noted below:
Lease Type: Full Repairing and Insuring
Passing Rent: £19,500 per annum (VAT not payable)
Lease Start: 1st of February 2021
Lease End: 1st of February 2031
Break Option: 1st of February 2026
Rent Review: Upwards Only to Open Market on 1st February 2026
PREMIUM: Our client may consider premium offers to purchase some of the fixtures and fittings currently contained within the premises.
RATES: According to the Scottish Assessors Association website the property has a current rateable value of £16,100 per annum. This means that any potential occupier may benefit from some form of business rates relief.
VAT: We understand that VAT is not applicable.
LEGAL COSTS: Each party will be responsible for their own legal costs.
VIEWING: Strictly by appointment through the sole letting agents.
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 the reference, the property has an EPC rating of G.
Specification
- Lease assignation available for well-established bakery/café premises
- Premium offers invited for any current fixtures and fittings
- Refurbished to an excellent standard throughout
- NIA of 73.92sqm (795sqft)
- Passing rental of £19,500 per annum (VAT not applicable)
- **Please note, business staff are currently unaware of marketing**