The subjects comprise a single windowed retail premises with an aluminum framed frontage protected by roller shutter security screens. It forms the ground and basement of a traditional four storey and attic tenement building.
Internally, the main sales area is open plan with a laminate floor covering and benefitting from a high ceiling incorporating a cornice style effect.
The back shop provides a staff area with small kitchen and toilet compartment off to the side.
Access to the basement is vi a floor hatch to the rear of the main shop area.
Location
Great Junction Street is a principal thoroughfare located just off Leith Walk approximately 1.5 miles north of Princes Street.
The property is located on the north side of Great Junction Street in a parade of similar units between Constitution Street and Henderson Street.
Public transport is widely available nearby with the nearest tram stop at Foot of the Walk.
Nearby commercial occupiers include Guido’s Fish and Chips, Mac’s Audio, Baynes the Bakers, and Leith Pharmacy.
Accommodation
According to our recent measurement survey the premises contain the following approximate net internal area:
64.10 sq m (690 sq ft)
Terms
RENT
Our client is seeking rental offers over £XXX per annum to grant a new lease.
Alternatively, our client will consider selling the property with a price quoted on application.
LEASE
The property is available for let on full repairing and insuring terms for a period to be agreed.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £XXX effective 1st April 2023. The uniform business rate for the current year is £XXX pence in the pound.
Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £XXX or less.
UTILITIES
The property is served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is rated G.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.
ANTI-MONEY LAUNDERING
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due dilligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.
ENTRY
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By contacting the sole letting agent: