Prominent Corner Retail Unit
The subjects are situated in the popular Marchmont area of Edinburgh approximately 1 mile south of the City Centre. The subjects occupy a prominent corner position on the junction of Roseneath Street and Marchmont Crescent and benefit from substantial return frontage onto Roseneath Place. Nearby occupiers include Scotmid Co-op, Sainsbury’s Local and a number of independent retailers.
The premises are arranged over ground floor and basement within a five storey stone built tenement building and comprise the following approximate net internal areas:
Ground Floor: 619 sq ft / 57 sqm
Basement: 542 sq ft / 50 sqm
The subjects are available on a new FRI lease.
Rateable Value: £14,300
UBR (2020/21): £0.498
Rates Payable: £7,121 pa
The property benefits from Class 1 consent and has an EPC rating of E.
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.
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.