Hot Food Takeaway
Lease Disposal/Business Sale
497 Calder Road EH11 4AW
LOCATION
The Sighthill area of Edinburgh is situated approximately 2 miles southwest of the city centre. It is accessed from several routes but primarily via the A71 Calder Road, which is directly to the north of the property and leads to the A720 Edinburgh City Bypass/M8. Sighthill Shopping Centre itself is situated at the junction of Sighthill Loan and Sighthill View.
The surrounding area is predominately residential in nature but there are many commercial occupiers nearby including a bakery, a convenience store, and a pharmacy. One of Edinburgh Napier University’s main campuses is directly opposite on Sighthill Court.
There is a small car park providing free parking for customers together with parking on surrounding streets. The area is also served by a number of regular bus routes.
DESCRIPTION
Situated on the ground floor level of a single storey purpose-built retail unit within a parade of similar units making up part of Sighthill Shopping centre a busy hub for local consumers. The unit is of brick construction beneath a flat roof
The takeaway if mostly open plan with a customer service/waiting are directly at the front of house.
Just behind the counter the kitchen is open so customers can see the food being cooked and see the cleanliness of the area. The kitchen is fully fitted to a high standard with everything required to suit their needs. There is a further back shop area that has excellent dry storage space a WC and a back entrance for loading etc… the condition of the internals is absolutely spotless, a great example of how a takeaway should look.
Externally the unit has an electronic roller shutter with a large window to the right-hand side of a entrance door. The unit is in good decorative order inside and out.
ACCOMODATION
Total 72 SQ M (774 SQ FT)
RENT & LEASE TERMS
The sitting rent is £9,000 per annum on full repairing and insuring terms and runs until February 2036
PREMIUM
A premium of £49,950 is sought for the lease, fixtures and fittings and any goodwill.
THE BUSINESS
‘Navayas’ has built up a loyal following, offering classic Indian style dishes with their own website and high ratings on ‘Just Eat’ and has gained the ‘Just Eat’ Local Legend badge.
The current lease holder has et up the business in an organised fashion that would allow a purchaser a smooth transition into a high-standard running entity. Turnover can be discussed after a successful viewing.
RATEABLE VALUE
According to the Scottish Assessors website (www.ssa.gov.uk) the subjects have a rateable value of £14,400. The uniform business rate for the current year is 0.498 in the pound. Occupiers may be eligible for rates 100% relief through the Small Business Bonus Scheme.
ENERGY PERFORMANCE CERTIFICATE
The EPC rating is E and can be viewed on the EPC Register Scotland.
SERVICES
We are advised that the property is connected to electricity, gas, water and drainage services, the tenant will be responsible for these utilities.
LEGAL COSTS
Each party is responsible for their own legal costs, the ingoing tenant will be liable for any Registration Dues and LBTT relating to this transaction. The landlord’s solicitor’s fee will be split 50-50 by the assignee and assignor.
VIEWING
Strictly by appointment via the sole selling agents
ime DJK Group Ltd