The subjects comprise a Class 1A premises arranged over the ground and basement floors of a traditional four storey stone built tenement. Internally, the accommodation benefits from an open plan configuration with a tea preparation and WC facility to the rear. The basement floor, which is accessed by a timber staircase, consists of a further office/meeting room and storage facilities. The property benefits from an attractive frontage onto Merchiston Avenue, within close proximity to the Polwarth Junction, making the location very attractive for a new tenant with good levels of pedestrian and vehicular passing trade.
Location
The subjects are situated on the west side of Merchiston Avenue in a block bounded by Polwarth Gardens to the north and Polwarth Terrace to the south within the Polwarth district of Edinburgh situated approximately 1 mile southwest of Edinburgh’s city centre. The subjects are positioned within a mixed commercial/residential location. Local and national traders within close proximity include Polwarth Pharmacy, Dunedin Cleaning Services Ltd, Active Health & Margiotta.
Accommodation
PREMISES EXTENDS TO 74.87 SQM (806 SQFT)
Terms
LEASE TERMS The subject is offered on a full repairing and insuring basis a Term to be agreed incorporating regular rent reviews at an initial rental of £9,500 per annum.
RATEABLE VALUE The subjects are entered in the current Valuation Roll at a rateable value of £5,800 which will allow for 100% rates relief subject to the owners/tenants other commercial properties, if any. Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 4 months of the beginning of the tenancy.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
EPC Released on application.
Specification
- HIGH LEVELS OF PEDESTRIAN AND VEHICULAR PASSING TRAFFIC
- QUALIFIES FOR 100% RATES RELIEF
- ARRANGED OVER GROUND AND BASEMENT FLOOR
- ON STREET PARKING WITHIN CLOSE PROXIMITY
- LARGE GLAZED FRONTAGE FOR EXCEPTIONAL BRANDING OPPORTUNITIES