The subjects comprise a ground floor retail unit of stone construction surmounted by a pitched and slated roof of three-story building. The subjects benefit from a singles pedestrian access door to the front elevation incorporating glazed windows. The subject property also benefits from a side loading door.
Internally, the subjects offer open plan retail space with two cellular office rooms. The WC's and staff area are located to the rear. Lighting is afforded via down lights and natural lighting is afforded via the double-glazed timber frame windows.
( Agency Pilot Software Ref: 49633 )
Location
Edinburgh is Scotland’s capital city and one of the UK’s leading tourist destinations on a year round basis, the city being well connected by road, rail, air and sea from all other parts of the UK and significantly further afield. The premises are situated on Gorgie Road, one of the principal arterial roads in to the city centre. Gorgie Road benefits from great local and passing trade. Gorgie area of Edinburgh which is located approximately 2 mile west of the city centre. The area is a popular retail/residential area. More specifically, the premises are situated within a prominent location on Gorgie Road within an established retail location. Surrounding occupiers include Hearts of Midlothian Football Club, TSB Bank and 20/20 Opticians.
Accommodation
Ground 170.45sq m ( 1,834sq ft )
Total 170.45 sq m (1,834sq ft )
Terms
RATEABLE VALUE In accordance with the Scottish Assessors Association we have been advised that the subjects have a rateable value of £XXX The current rate poundage is 0.498/£XXX (April 2020/2021).
LEASE TERMS The lease expires on the 12th March 2028. The lease has a break option on the 12th Match 2023 subject to a 6-month notice period.
Rent reviews at every 5th anniversary of the lease.
LEGAL EXPENSES AND VAT Each party is to bear their own legal costs and the ingoing tenant will be responsible for the land and buildings transactional tax, registration dues and VAT incurred in connection with this transaction.
EPC Rating G.
Specification
• Well-presented retail premises
• Situated within a prominent location on Gorgie Road
• Sublease/Assignation
• Lease remaining until March 2028.
• Rental £XXX per annum exclusive of VAT
• Extends to 170.45 Sq M / 1,834 Sq Ft