TO LET / MAY SELL
356 Morningside Road
Edinburgh
EH10 4QN

Retail Unit to Let / May Sell

Ground Floor: 1,183 sq ft
Rent: Offers of £35,000 pa
Location

Morningside is a busy and affluent suburb of Edinburgh, located approximately 2 miles south of the city centre. Morningside Road provides one of Edinburgh’s main arterial routes and benefits from substantial passing trade. Morningside Road itself is an established shopping location where many local and national retailers are situated as well as niche speciality shops serving the requirements of the local population.

The subjects are located at the south end of Morningside Road in the block bounded by Miller Crescent and Maxwell Street. Nearby occupiers include Sainsbury’s Local, West End Vets, Marks & Spencer, Pizza Hut, Boots and Pizza Express.

Accommodation

The subjects comprise the ground and basement levels of an end terraced tenement parade extending to the following approximate net internal areas:
Ground Floor: 1,183 sq ft / 110 sqm
Basement:  840 sq ft / 78 sqm

Lease

The premises are available on a new full repairing and insuring lease.

Rent / Purchase Price

Offers of £35,000 pa.  Price on application for purchase.

Rates

Rateable Value:  £30,800
UBR (2021/22):  £0.49
Rates Payable:  £15,092 pa

Planning / EPC

The premises are currently utilised for retail use and professional services use in accordance with Use Class 1 & 2 of the Town & Country Planning (Use Classes) (Scotland) Order 1997. There would be potential for restricted Class 3 café use, subject to the tenant making their own enquiries with the Local Planning Department.

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

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

356 Morningside Road
Edinburgh
EH10 4QN
Viewing strictly by appointment through ORINSEN or our joint agents Shepherd

Andy Bain
T. 0131 374 1117
M. 07770 524 977
E. abain@orinsen.com

Charlotte Young
T. 0131 374 1118
M. 07825 167 883
E. cyoung@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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