2 retails units on Moredun Park Road, Edinburgh which will be formed from the subdivision of an existing Scotmid Store. The properties are located in the centre of Moredun, a large local authority housing estate with a large catchment area. The units extend to 1,281ft & 1,206ft and are available on a standard FRI basis for an initial rental of £XXX p.a and £XXX p.a respectively.
Location
The subjects are located with the Moredun district of Edinburgh, approximately 5 miles to the south east of Edinburgh’s City Centre. The property lies on the south side of Moredun Park road within the centre of Moredun, a large local authority housing estate with a large catchment area. Surrounding occupiers in close proximity include Scotmid, a convenience store, bakers and hairdressers/beautician.
Accommodation
We calculate that the subjects extend to approximately;
Unit A 119m² (1,281ft²)
Unit B 112m² (1,206ft²)
Total: 231m2 (1,487ft2)
Terms
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 annual rental of £XXX per annum for Unit A and £XXX per annum for Unit B.
PLANNING
We understand that the property has received a class 3 hot food licence of recent for Unit A, with Unit B still benefiting from a retail licence. The property may suit alternative uses subject to obtaining all necessary planning consents. It will be incumbent upon any tenant to satisfy themselves in this respect.
EPC Released on application.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS
Each party to bear their own legal costs in the documentation of this transaction; however the ingoing tenant will be responsible for any SDLT, Registration Dues and any VAT incurred thereon.
ENTRY
By mutual agreement.
Specification
- Unit A- Class 3, Hot Food Unit - Offers over £XXXpa
- Unit B- Class 1, Retail Unit – Offers over £XXXpa
- Units extending to 1,281ft² & 1,206ft² respectively
- Located in the Liberton District of Edinburgh
- Available Immediately