Retail Unit For Sale / To Let
The subject property is located on the east side of Morningside Road, between the junctions of Jordan Lane to the north and Hermitage Terrace to the south, within the Morningside district of Edinburgh, situated less than 2 miles to the south of the City Centre. Morningside Road is one of the main vehicular thoroughfares leading a high volume of traffic into the City Centre from the south as well as being a well-established residential and retailing location, which is well represented by both local and national traders alike. Neighbouring occupiers include Sainsburys Local, West End Vets, Marks & Spencer, Pizza Hut, Boots and Matto Pizza.
The subjects comprise Class 1 & 2 retail premises, arranged over the ground floor of an end-terraced commercial retailing parade. The property, which is currently being refurbished and potential to be extended, will benefit from customer entrances via Morningside Road at ground floor level, side glazing on the south elevation, as well as access to the rear via a service pedestrian access. Internally, the subjects will comprise a large, open plan, modern retail space which will benefit from an extensive new retail frontage on Morningside Road providing a unique opportunity for Class 1 & 2 operators to occupy one of the most prominent retail spaces in Morningside.
The premises are arranged over ground level and comprise the following approximate net internal areas:
Ground Floor: 3,800 – 4,144 sq ft / 353 – 385 sqm
The subjects are available on a new Full Repairing and Insuring Lease. Quoting rental on application.
The property is available for sale along with a potential development opportunity on the upper floors. More information can be provided on request.
The building will require to be re-assessed on completion of the extension/refurbishment.
Unless otherwise stated, all quoted figures are exclusive of VAT.
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.
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.
TO LET / MAY SELL
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.