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No longer on the market

This property is no longer on the market

EPC Certificate

Property

Property
1 bed
Added > 14 days

Letting details

  • Scottish LARN: 1810001
  • Available now
  • Furnished

Features and description

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23 Leven Street, Tollcross EH3 9LH
Lease Disposal

LOCATION
The subject premise is located in Leven Street, Edinburgh opposite the Kings Theatre. The location constitutes a high footfall area throughout the day with commuters, students, businesses and tourist trade. This excellent commercial retail property is positioned in a parade of similar styled retail/licensed and office properties on a main road close to Bruntsfield Links. Other retailers in close proximity include Scotmid, Tuk Tuk & Pepe’s Chicken restaurants, Sandersons the Butchers and the well-known Bennett’s Bar. There are regular buses to and from town all day everyday directly outside and various cycling and walking paths through the meadows and nearby canal.

DESCRIPTION
The subjects comprise a double fronted retail unit with a central recessed door between large display windows either side. The premise is situated solely on the ground floor. Internally, the unit is mostly open plan with a small room to the rear left. There is a back door which leads to a secure yard area, the toilet is located in the yard within some outbuildings.

ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate net internal area:

Ground Floor 42 sq. m (452 sq. ft)

RENT AND LEASE DETAILS
The sitting rent is currently £15,000 per annum with 9 years remaining on full repairing and insuring terms. The outgoing tenant is looking for a premium of £10,000 for the leasehold and all the equipment, stock etc…

RATEABLE VALUE
According to the Scottish Assessor’s website () the property has a Rateable Value of £8,200. The uniform business rate for the current year is £0.4999 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 properties are served by mains electricity and water.

ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is F.

A copy of the recommendation report is available on request.

LEGAL COSTS
Each party shall bear their own legal costs in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.

ENTRY
Upon completion of a formal signed lease under Scots Law.

VIEWING AND FURTHER INFORMATION
By appointment through the sole selling agent, Ime DJK Group Ltd.

EPC rating: F. Council tax band: X,

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About this agent

ime DJK Group - Commercial
ime DJK Group - Commercial
12 Home Street Edinburgh EH3 9LY
0131 268 9073
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ime DJK Group Ltd can do all your commercial and residential needs. Commercial sales Commercial management Lease Disposal
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