Prime, Highly Prominent Office/Retail Unit to Let
Benefits from 4 car parking spaces
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 subjects occupy a prominent roadside location and nearby occupiers include Waitrose, The Post Office, Costa Coffee and a number of high quality independent retailers.
The subjects are arranged over ground floor only and comprise the following approximate net internal area:
Ground Floor: 2,145 sq ft / 199.29 sqm
There is a small, west-facing external garden area. The property also benefits from 4 clear car parking spaces located in a private car park within 100m.
The premises are available on a new full repairing and insuring lease.
Rateable Value: £25,800 (as of 1 April 2023)
UBR (2023/24): £0.498
Rates Payable: £12,848 pa
The premises benefit from Class 2 consent however they could also be used for Class 1 retail as part of the (Use Classes) (Scotland) Order 1997. Other uses would be considered, subject to Local Authority planning consent.
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 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.