Prominent, triple retail unit with extensive glazed frontage within the busy and affluent suburb of Morningside. Suitable for a variety of uses, subject to planning.
( Agency Pilot Software ref: 11643 )
Location
Edinburgh is the capital city of Scotland and is a major administrative centre housing the Scottish Parliament, Scottish Executive and the Judiciary System. The city is ranked as the UK’s 2nd largest financial centre and the 6th largest in Europe. It has a resident population of approximately 450,000 of which 290,000 are of working age and a catchment of 780,000.
Accommodation
3,267 SQUARE FEET
Terms
LEASE TERMS A new lease is offered on Full Repairing and Insuring terms incorporating 5 yearly upwards only rent reviews, for a term to be agreed.
RENT £45,000 per annum exclusive.
RATEABLE VALUE The subjects are currently entered in the Assessor’s Valuation Roll as having an RV of £39,300. The current UBR (2023/2024) for properties with an RV under £51,000 is £0.498. Therefore, rates payable will be in the order of £19,571.
Specification
- PROMINENT TRIPLE RETAIL UNIT
- BUSY & AFFLUENT RESIDENTIAL SUBURB
- EXTENSIVE GLAZED FRONTAGE
- SUITABLE FOR A VARIETY OF USES, SUBJECT TO PLANNING