This property is no longer on the market
Property
Property description & features
TO LET/MAY SELL
19 SQ M (205 SQ FT)
• Retail use
• No rates
• Cheap rent
• Newly renovated
• Security shutter installed
LOCATION
The property is located near the junction of Waverly Park on the south side of Spring Gardens between the junctions of Waverly Park and Milton Street. Spring Gardens continues east on to Royal Park Terrace and follows on to Holyrood Park and Arthur’s Seat, whilst Abbeyhill, The Royal Mile and the Scottish Parliament are just off the west side of the street.
The area is a short walk from popular tourist destinations such as Holyrood Palace and the Royal Mile and it is only a 15-minute walk to Edinburgh's principle retail shops on George Street and Princes Street.
The immediate area offers a range of excellent amenities including Meadowbank Shopping Park, where you have Sainsbury’s, B&M, M&S and other national companies. There is a number of bars and coffee shops on nearby London Road and Easter Road.
The area benefits from excellent transport links with regular bus links serving the city centre. In addition, Waverley train station is only a short distance from this location. The nearest tram stop is at York Place.
DESCRIPTION
The subjects comprise a single windowed unit configured over ground floor, forming part of a stone-built tenement, protected by an electric roller shutter.
Internally, the subjects comprise of a bright rectangular front shop retail area with good window display area. A corridor to the lefthand side leads through to the back-shop area which has a private room/ office to the righthand side. The WC is located to the rear left of the property.
The unit is newly renovated and in walk in condition and would suit a range of occupiers like small office occupier, aesthetics, possibly barber or similar types of businesses.
ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate net internal area:
Ground floor: 19 SQ M (205 SQ FT)
RENT
The landlord is willing to grant a new FRI lease for a minimum 5-year term.
£8,000 per annum.
SALE PRICE
Offers over £85,000 are sought for the freehold purchase.
RATEABLE VALUE
According to the Scottish Assessor’s website () the subjects have a Rateable Value of £2,000. The uniform business rate for the current year is £0.49 pence in the pound.
Occupiers may be eligible for rates relief through the small business bonus scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
UTILTIES
The premises are served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is G.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs in the with the eventual tenant liable for any Registration Dues or LBTT thereon.
ENTRY
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, Ime DJK Group Ltd
EPC rating: G.
Property information from this agent
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Property reference P719. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by ime DJK Group - Commercial.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on April 13, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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