Edinburgh
EH7 4PE
New Lease Available
The subjects are located on Leith Walk, approximately 1.1 miles north of Edinburgh city centre, close to its junction with Pilrig Street. The premises occupy a prominent corner 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 high levels of footfall and passing traffic. The position of this unit will be further improved with the new extension of the Edinburgh tram system, with a nearby tram stop adjacent to the premises. Nearby occupiers include Scotmid, Starbucks, William Hill and Sainsburys.
The premises are arranged over ground and basement levels comprising the following approximate net internal areas:
Ground Floor (Sales): 4,174 sq ft / 387.78 sqm
Basement: 4,263 sq ft / 396.05 sqm
The premises are available by way of a new FRI lease.
Offers of £60,000 pa exclusive of VAT are invited.
Rateable Value: £19,100
UBR (2022/23): £0.498
Rates Payable: £9,512 pa
The property benefits from having Class 1 consent. The premises have 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.
In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time.
TO LET
Edinburgh
EH7 4PE
Andy Bain
T. 0131 374 1117
M. 07770 524 977
E. abain@orinsen.com
Tom Forster
T. 0131 374 1115
M. 07919 920 126
E. tforster@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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