The subjects comprise a ground floor and basement retail premises as part of a larger 4 storey traditional stone built tenement property surmounted by a pitched and slated roof.
This property benefits from 2 large timber display windows located either side of a recessed centrally located access door which is timber framed and glazed, all of which offers good natural daylighting into the unit itself.
Internally at ground floor level the property is laid out to provide an open plan sales area which is well presented and in a good condition. This section is constructed of suspended timber floors with a carpet overlay finish, solid walls with wood chip wallpaper or plaster and paint dependant upon location.
The unit also benefits from high ceilings of what we assume is a lath and plaster nature with decorative cornicing and artificial lighting provided by way of fluorescent strip lights.
The basement is accessed down a concrete staircase to the rear of the ground floor and is laid out to provide compartmentalised rooms for ancilliary storage accommodation. The front room is of a basic nature with solid concrete floor, the walls are of solid stone and artificial light is provided by pendant downlighters.
The room to the rear of the basement provides further ancilliary storage accommodation and also has a basic wc facility. There is also a window boarded up which would give the potential to afford natural daylight into the basement section should any prospective tenant wish to do so.
Location
The subjects are situated on the west hand side of South Clerk Street close to the junction of East Preston Street, with South Clerk Street itself linking to Newington Road and Nicolson Street, creating part of the major thoroughfare (A701) into Edinburgh’s city centre from the south linking to Edinburgh City Bypass and beyond.
South Clerk Street is mixed in character with a mixture of commercial occupiers primarily at ground floor level with residential flats above. The street is full of many national and local occupiers as well as bars and restuarants. There are numerous students and young professionals in the area due to its close proximity to Edinburgh University as well as major office blocks such as the large Scottish Widows building in the not too far vicinity.
Accommodation
The propery has been measured in accordance with the RICS Code of Measuring Practice – 6th Edition. From the measurements taken onsite we have calculated the net internal area of the subjects to be in the order of:
Ground Floor: 31.62 sq m (340 sq ft)
Basement: 28.71 sq m (309 sq ft)
Total: 60.33 sq m (649 sq ft)
Terms
RENT - We are seeking offers over £11,500 per annum on a full repairing and insuring basis for a period negotiable period.
RATEABLE VALUE - According to the Scottish Assessors Association website the property has a current rateable value of £7,800 meaning that any potential occupier could benefit from 100% rates relief in line with the Small Business Bonus Scheme.
DATE OF ENTRY - Upon completion of legal formalities.
ENERGY PERFORMANCE - A copy of the Energy Performance Certificate (EPC) is available upon request.
VAT - All prices quoted are exclusive of VAT.
LEGAL EXPENSE - Each party will be responsible for the payment of their own legal costs in this transaction.
Specification
- Prominent retail opportunity on busy thoroughfare
- Full height double display windows offering great visibility
- Located in parade of other similar style operators
- Benefitting from great public transport links
- NIA 60.33 sq m (649 sq ft)
- Offers over £11,500 per annum