Retail Unit - To Let
Newington Road sits 1 mile south of the city centre and is one of Edinburgh’s principal arterial routes. The subjects benefit from excellent transport links, linking the southside of Edinburgh to The Royal Mile and the east end of Princes Street. The area is a popular residential and shopping location resident to a large student population. The property is situated on the east side of Newington Road in between the junctions with East Preston Street and Salisbury Road. Nearby occupiers include Fortitude Coffee, Chest Heart & Stroke Scotland, Southpour, 101 Bakery and The Refillery.
The premises are arranged over ground floor level and comprise the following approximate net internal area:
Ground Floor: 447 sq ft / 41.54 sqm
The premises are available by way of a new FRI lease.
Offers in excess of £12,500 pa are invited.
Rateable Value: £8,600
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.
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.