The subjects comprise a retail premises situated on the ground floor of a 3 storey traditional stone built property, with the shop also incorporating a projected single storey frontage under a flat roof which we assume is of a bituminous felt or similar type covering.
The subject benefit from a large traditional display front with a full height single glazed display window and access is taken through a recessed timber and glazed entrance door.
Internally the subjects are laid out to provide an open plan sales area to the front, a toilet and kitchen to the centre and a further storage/ office room located to the back.
The flooring throughout is of a suspended timber construction with carpet or vinyl floor finishes, the walls being plaster or plasterboard lined and decorated, as are the ceilings. Artificial lighting is provided by way of pendant downlighters or strip lighting dependedant upon location. There is also further access afforded through a rear entrance door which provides access for deliveries.
The subjects also incorporate a single car parking space to the rear which is accessed via an access lane from Lee Crescent.
Overall the subjects are well presented and would work well for another local retail operator or potentially as a small office subject to planning.
Location
The subjects are located on Brighton Place within the Edinburgh suburb of Portobello lying just off Portobello’s High Street at the junction with the High Street and Bath Street. Portobello itself is located approximately 3 miles north east of the City Centre lying on the shores of the Firth of Forth with a popular promenade and beach.
More specifically the subjects sit in a retailing parade of similar style operators on Brighton Place forming a bustling secondary retailing location, benefitting from good footfall and passing trade, being highly visible situated just off Portobello’s main pitch.
Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice 6th edition on a net internal area basis as follows: 48.23sq m (519 sq ft).
Terms
RATEABLE VALUE: According to the Scottish Assessors Association website the property has a current rateable value of £XXX This therefore means that any prospective tenant could benefit from up to 100% rates relief in line with the Small Business Bonus Scheme.
RENT: Our client is seeking offers in excess of £XXX per annum on a full repairing and insuring lease for a negotiable period.
DATE OF ENTRY: Upon completion of formal legal missives.
ENERGY PERFORMANCE: The EPC will be available upon request. The subjects have a rating of G.
VIEWING: Strictly by arrangement with the sole letting agents
VAT: All prices are quoted exclusive of VAT.
LEGAL EXPENSE: Each party will be responsible for the payment of their own legal costs in this transaction, the tenant would be responsible for any LBTT or registration dues.
Specification
- Good quality retail unit with large full height display window
- Situated in busy retail parade with other local occupiers
- Well located just off Portobello High Street’s prime pitch
- NIA 48.23 sq m (519 sq ft)
- Offers over £XXX Per annum