Edinburgh
EH10 5HY
Retail Unit - Lease Available
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. The premises benefits from a glazed frontage and occupies a desirable roadside position. Nearby occupiers include Twelve Triangles, Mia Italian Kitchen, Greggs, Sainsbury’s Local and Bank of Scotland.
The premises are arranged over ground and basement level and comprise the following approximate net internal areas:
Ground Floor (Sales): 190 sq ft / 17.66 sqm
Ground Floor (Storage): 174 sq ft / 16.17 sqm
Basement: 158 sq ft / 14.69 sqm
Total NIA: 522 sq ft / 48.52 sqm
The premises are held on an FRI lease expiring 13th June 2031, with a rent review effective 14th June 2026.
The passing rent is £13,200 pa.
Rateable Value: £7,700
UBR (2023/24): £0.498
Rates Payable: £3,835 pa
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 Class 1A 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.
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.
LEASE AVAILABLE
Edinburgh
EH10 5HY
Tom Forster
T. 0131 374 1115
M. 07919 920 126
E. tforster@orinsen.com
Joe Stephenson
T. 0131 374 1111
M. 07580 519 431
E. joe@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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