The subjects comprise a double windowed retail unit arranged over the ground floor of a 5 storey traditional terraced tenement. Internally the premises benefits from an open plan sales area at the front, rear office with a tea preparation area and WC facilities to the rear also.
Location
The subject premises is located on the east side of Montagu Terrace close to the junctions with Ferry Road to the North and Royston Terrace to the south within the popular Inverleith area of Edinburgh approximately, 1 mile to the north of the city centre. Montagu Terrace a continuation of Inverleith Row which is the main vehicular thoroughfare through Inverleith containing a mixture of local and national occupiers.
Accommodation
Ground Floor - 65.87m² (709ft²)
Terms
RATEABLE VALUE
The subjects are entered in the current Valuation Roll at a rateable value of £XXX per annum.
Please note, a new tenant or occupier of a property has a right to appeal this rateable value within 6 months of the beginning of the tenancy agreement.
LEASE TERMS
The subjects are offered on a full repairing an insuring basis for a term to be agreed incorporating regular rent reviews at an initial rental of £XXX per annum.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
EPC - Released on application.
LEGAL COSTS
Each party to bear their own legal costs in the documentation of this transaction; however the purchaser will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.
Specification
- Prominent double frontage retail premises
- Situated in the sought-after area of Inverleith
- Offers in excess of £XXX per annum
- Premises extends to 65.87m2 (709ft²)
- Landlord refurbishment incentives being offered
- High levels of pedestrian and vehicle traffic
- Potential for Café or Class 2 office use