This property is no longer on the market
Property
Property description & features
TO LET
Great eateries and pubs can be found within the highly sought-after trendy area with regular bus services run to and from the city centre and other parts of Edinburgh. The tramline will go directly passed this unit at the corner of Constitution Street and the route will become even more accessible for consumers, visitors and tourists.
DESCRIPTION
The subjects are Class 3 restaurant premises configured over ground floor level forming part of a traditional Georgian tenement building with excellent street frontage. The entrance is located to the front left with beautiful large arched paned windows letting in natural light the front door leads directly to the main open restaurant space and a bar area to the right-hand side. Separate WC’s for men and women are found towards the rear right, kitchen rear left.
This commercial property has ornate cornices and pillars, private dining area and plenty of storage. The restaurant also benefits from a large outbuilding to the rear which has lots of freezers including a walk-in chiller.
ACCOMODATION
According to the Scottish assessor’s the subjects comprise of the following approximate net internal area:
• 307 sq. m (3,305 sq. ft)
RENT
Our clients are seeking £30,000 per annum on a new Full Repairing and Insuring (FRI) lease for a term to be agreed.
VAT
There will be no VAT due on the sale or lease.
SERVICES
The property is served by mains gas, water, and electricity.
ENERGY PERFORMANCE RATING
The Energy Performance Certificate (EPC) rating is currently pending.
RATEABLE VALUE
We think with some reconfiguration the property could be re-assessed and achieve a lower rating.
According to the Scottish Assessor’s website () the subjects have a Rateable Value of £41,400. The uniform business rate for the current year is £0.498 pence in the pound (as of April 2023).
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.
Council tax band: X,
Property information from this agent
Places of interest
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Property reference P592. 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
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 31, 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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