FOR SALE
144 Ferry Road
Edinburgh
EH6 4NX

Modern Office / Retail Unit
For Sale
*No VAT Payable

Ground Floor: 1,563 sq ft
Sale Price: Offers over £400,000
Location

Edinburgh has a population of 507,000 and is one of the strongest retailing centres in the UK, dominating its catchment of 1.6 million. Edinburgh is the second most visited city in the UK with over 4 million visitors a year.
The subjects are located in the popular Inverleith area of Edinburgh and occupy a prominent position on Ferry Road, one of the major roads in Edinburgh which runs from Queensferry to Leith. Nearby occupiers include Smart Property, Wattax, Best-One, Boots and The Gold Sea Takeaway.

Description & Accommodation

The subject property occupies part of a prominent pitch surrounded by other local and national businesses. The unit boasts a large glass frontage and benefits from the significant passing vehicular traffic and footfall on Ferry Road.
Internally, the unit is fitted out to a very high standard providing a generous modern office space. The subjects also benefit from a fully-fitted kitchen, W/C’s and shower facilities.

The premises are arranged over ground floor, mezzanine and basement levels and comprise the following approximate net internal areas:
Ground Floor Office : 1,563 sq ft / 145.26 sqm
Basement Office:          754 sq ft / 70.07 sqm
Basement Storage:      323 sq ft / 30 sqm

Sale Price

Offers in excess of £400,000 are sought for our clients Heritable interest in the property. The property is not elected for VAT.

Rates

Rateable Value: £13,300
UBR (2023/24): £0.498
Rates Payable: £6,623 pa

Planning / EPC

The premises currently benefit from Class 1A Consent under the Town & Country Planning (Use Classes)(Scotland) Order 1997.  EPC Report is available on request.

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.  For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.

Anti-Money Laundering Regulations

In order to comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time.

FOR SALE

144 Ferry Road
Edinburgh
EH6 4NX
Viewing strictly by appointment through ORINSEN

Tom Forster
T. 0131 374 1111
M. 07919 920 126
E. tforster@orinsen.com

Joe Stephenson
T. 0131 374 1111
M. 07580 519 431
E. joe@orinsen.com

Important Notice

ORINSEN, their clients and any joint agents give notice that:

They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.  They assume no responsibility for any statement that may be made in these particulars.  These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

Any areas, measurements or distances are approximate.  The text, photographs and plans are for guidance only and are not necessarily comprehensive.  It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities.

Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

Published 30.09.20

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