Broughton Street is a busy vehicular route towards the east end of Edinburgh City Centre. The subjects are situated on the east side of Broughton Street near the junction with York Place and the top of Leith Walk. The location is in close proximity to the Edinburgh tram system, with the York Place tram stop 100m from the property. Nearby national and local retailers include Soderberg Bakery, Rollo Restaurant and Wine Bar, Tesco Express, and Medusa Hairdresser. The property is in close proximity to the new Edinburgh St James development, due to open in Spring 2021.
The premises are arranged over ground floor and comprise the following approximate net internal areas:
Ground Floor Sales: 328 sq ft / 30.5 sqm
Ground Floor Storage: 151 sq ft / 14.10 sqm
Offers over £14,500 pa
The premises are available by way of a new FRI lease from December 2021.
Rateable Value: £11,900
UBR (2021/22): £0.49
Rates Payable: £5,831 pa
The premises benefit from having Class 1 (Retail) consent. An EPC Report is 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), 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.