Prime Retail Unit
The subjects are located on Leith Walk, approximately 1.1 miles north of Edinburgh city centre, close to its junction with Great Junction Street. They occupy a prominent position within an established retailing parade offering mixed commercial and residential uses. Leith Walk is one of the main arterial routes to and from Edinburgh City Centre and as a result, benefits from reasonably high levels of footfall and passing traffic. The position of this unit will be further improved with the advent of the extension to Leith of the Edinburgh tram system, with a nearby tram stop. Nearby occupiers include Post Office, Pizza Hut, Moray Centre Partnership, Majestic Wine Warehouse, Ladbrokes, William Hill and Scotmid.
The premises are arranged over ground floor only and comprise the following approximate net internal areas:
Front Sales: 903 sq ft / 83.92 sqm
Office/Storage: 49 sq ft / 4.46 sqm
Ancillary Storage: 28 sq ft / 2.66 sqm
The premises are available by way of a new FRI lease.
Offers over £25,000 pa sought.
Rateable Value: £9,800
The premises qualify for 100% Business Rates Relief (no rates payable) under the Small Business Bonus Scheme. Each interested party should satisfy themselves on the rates relief with the appropriate authority.
The premises benefit from having Sui Generis planning consent for an amusement arcade and and can be used for Class 1 retail.
EPC report available on request.
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), r 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.