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Ground Floor Shop Unit , Queensferry Road, Edinburgh, EH4 2BP

1,061 Sq Ft / Retail

To Let - £17,000.00 per annum

Available - Last updated: 17 November 2020

The subjects comprises of a ground floor triple windowed class 1 former retail premises formally traded as a school wear shop. The unit consists of a ground floor sale area, changing rooms, rear storage, staff room and WC facilities. The unit also benefits from roller shutters on all windows providing a tenant with good security along with the alarm system. The current tenants fitout is available and the landlord is open to a new lease negotiation as well as the sub-let or assignation from the existing tenants.

Location

The property is situated within the Craigleith area of Edinburgh which is located approximately 2 miles north west of the city centre. The subjects are prominently located on Queensferry Road which acts as the main vehicular route into the city centre from the North West of the city and Fife. The property is situated on the east side of Queenferry Road at the between the junctions of Seaforth Drive to the north and Maidencraig Crescent to the south and benefits from high levels of pedestrian footfall as well the high levels of vehicular passing trade

Accommodation

Ground Floor 98.57sq m ( 1,061 sq ft )

TOTAL 98.57 sq m (1,061 sq ft )

Terms

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 LBTT, Registration Dues and any

VAT incurred thereon.

EPC Released on application. VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT

RATEABLE VALUE The subjects are entered in the current Valuation Roll at a rateable value of £21,100 which will result in net annual payable rates of £10,339. Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 6 months of the beginning of the tenancy.

LEASE The subjects are held on an FRI lease subject to until September 2024 on a rental of £17,000 per annum. There are no further rent reviews or break options for the remaining term.

Specification

  •  LARGE RETAILING FRONTAGE WITH PROTECTIVE ROLLER SHUTTERS 
  • POTENTIAL FOR CLASS 2 OFFICE USE OR CAFÉ USE SUBJECT TO CONSENTS
  • LEASE EXPIRY JUNE 2024 WITH NO FURTHER BREAKS OR RENT REVIEWS

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £17,000.00 per annum

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Contact agents

Steven Clarke

Shepherd Commercial

0131 610 0086



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