Retail property (high street) for sale
Property description & features
SUMMARY
Unique opportunity to acquire rarely available double-fronted retail premises on heritable basis
Located in sought after Newington/Grange area with excellent residential catchment
Easily sub-dividable into two separate units for investment purposes
Excellent passing vehicular trade and pedestrian footfall
Total NIA of 248.34sqm (2,673sqft)
Offers over £325,000 (exclusive of VAT)
LOCATION
The subjects are located in the Newington/Grange area of Edinburgh, approximately 2km from the east end of Edinburgh’s City Centre. The subjects are surrounded by primarily commercial occupiers at ground floor level with private residential dwellings noted to the upper floors.
More specifically, the subjects are found at the far eastern end of Grange Road, approximately 50m from the crossroad junction that joins Grange Road with Causewayside and Salisbury Place.
DESCRIPTION
The subjects comprise a double-fronted class 1A premises of traditional stone construction, arranged over ground and basement floors of a larger 3 storey premises, surmounted by what appears to be both flat and pitched roof elevations above. The premises is category C listed and is located in The Grange (CA17) conservation
area.
Access to the premises can be taken via both 6A and 6B, with primary access currently taken via the left-hand side at 6A. The premises benefits from timber framed and single glazed full height display windows that are located either side of the entrance doors, both of which provide excellent natural daylight into the premises itself.
Internally, 6A is currently utilised as office space with rear tea preparation space and a W/C compartment. Access is further afforded internally via a connecting door to 6B which is currently utilised for storage and workshop use – a further W/C compartment is found to the rear of the premises. Access to the basement is via a set of timber stairs located in 6B, which provides way for excellent storage and workshop space under both units.
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