79 Portobello High Street comprises a ground and basement floor retail unit which forms part of a traditional two storey stone built tenement building surmounted by a flat roof.
The property is a prominent corner unit which benefits from three large timber and glazed display windows. Access to the property is gained via a timber framed and glazed entrance door.
Internally, the property is laid out to provide an open plan sales/retail area to the front with prep area, staff w/c and store cupboard located to the rear of the property. Access to the basement is via a hatch and ladders at the rear of the property.
Location
The subjects are located towards the eastern end of the main commercial/retail section of Portobello High Street which is a busy thoroughfare; the property is therefore well located to benefit from a high volume of pedestrian and vehicular traffic coming through on a daily basis.
Portobello itself is a popular suburb of Edinburgh located approximately 3 miles east of the city centre and lies on the shore of the Firth of Forth with a popular promenade and beach. Portobello High Street is mixed in character, primarily with commercial occupiers on ground floor level and residential flats above.
Nearby occupiers include Sainsbury’s, Greggs and William Hill.
Accommodation
The premises have been measured in accordance with the RCIS code of measuring practice 6th edition. The floor areas are approximately as follows:
NIA –40.15 sq m (432 sq ft) or thereby.
Terms
RATING ASSESSMENT - According to the Scottish Assessors Association website the property has a Rateable Value of £XXX
The property qualifies for 100% rates exemption under the Small Business Bonus Rates Relief Scheme.
LEASE TERMS - Offers of £XXX exclusive of VAT are invited with the property being let on a full repairing and insuring lease for a negotiable period.
ENERGY PERFORMANCE CERTIFICATE - A copy of the Energy Performance Certificate will be made available to interested parties.
VAT - All prices quoted are exclusive of VAT.
LEGAL COSTS - Each party will be responsible for paying their own legal costs incurred in this transaction.
Specification
- Prominent corner ground floor and basement retail unit
- In popular location with high footfall
- NIA – 40.15 sq m (432 sq ft) including basement
- Rental - £XXX per annum exclusive