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Property
Property description & features
LOCATION
The subjects are located on Bruntsfield Place, situated between the busy Tollcross Junction and the scenic district of Morningside, in an area mixed with both commercial and residential properties.
The general Bruntsfield, Merchiston, and Morningside areas are particularly prominent in Edinburgh, with local landmarks including the Bruntsfield Links, continuing on to the Meadows, and the Holy corner.
The property greatly benefits from the nearby Edinburgh Napier University, Merchiston Campus, hosting a large student population. Other nearby occupiers include a Costa Coffee, SimplyFixIt, and various hotels. Multiple bus routes serve through Bruntsfield, travelling to and from the City Centre and outer hotspots such as Colinton.
DESCRIPTION
The subjects are configured over the ground and basement floors, forming part of a traditional tenement building with high levels of passing trade. Access to the property is gained via a neatly recessed doorway into a short vestibule, through which the upstairs seating area, bar area, and kitchen is found. A full Class 3 premises, the kitchen is configured to accommodate highly intensive preparations and workloads.
Accessed via a staircase, the downstairs seating area is divided into several compartments and holds a larger part of the restaurant’s capacity, including a private dining space. An additional bar setup, and separate WC’s for men and women can be found here too. Finally, the premises hold a late-night alcohol licence, serving between 11:00am to 01:00am Sunday 12:30 to 1am.
ACCOMODATION
According to our recent measurement survey, the subjects comprise of the following approximate net internal area:
173 sq. m (1,862 sq. Ft)
RENT & PREMIUM
Our clients are seeking a starting rent £30,000 per annum), and an additional premium in the region of £10,000.
VAT
There will be no VAT due on the lease.
SERVICES
The property is served by mains water, gas, and electricity.
ENERGY PERFORMANCE RATING
The Energy Performance Certificate (EPC) rating is currently pending.
RATEABLE VALUE
According to the Scottish Assessor’s website () the subjects have a Rateable Value of £29,700. The uniform business rate for the current year is £0.498 pence in the pound (as of April 2020).
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.
LEGAL COSTS
Each party is responsible for their own legal and costs incurred in the preparation, negotiation, and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.
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.
Property information from this agent
Places of interest
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Property reference P586. 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.
OnTheMarket may have applied supplementary data to this property listing, including:
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 13, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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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