223 Causewayside
Newington, Edinburgh, EH9

£13,500 pa

Property Overview

  • Property ID: P789
  • Postal Code: EH9 1PH
  • Status: For Rent
  • Type: Commercial
  • Class: 3 (Food & Drink)
  • Property Size:
  • Price: £13,500 pa

Description

Location
The Causewayside area of Edinburgh is located approximately 0.4 miles south of the city centre. A desirable area for residential living with a strong business and retail presence in the immediate area.
The property lies close to the junction of Duncan Street and is directly next to Belville Court. Causewayside is known for having high volume of Student residencies and is a main route for Students walking to either George Square or The Kings Buildings respectively.
The area is well-served by public transport with regular bus routes to the city centre and surrounding areas.
Description
Situated over ground level of a traditional stone built two and a half storey dwelling with a slated roof. The unit is currently set up as a convenience store, it has a good layout internally that suits all different types of industry and has previously been used as Takeaway Pizza Business.
The front area is set up as the convenience store with shelves on one side and display fridges on the other. The WC?s and side entrance is located centrally towards the rear of the shop. The back shop is utilised for more storage and preparation space. Internally and externally the property is in good decorative order.
The shop has been stripped out and would make an excellent Breakfast and Lunch takeaway, pizza, kebabs shop or deli.

For Sale/To Let Terms
Offers in the region of £135,000 are sought for the freehold purchase of this property.

The rental price is £13,500 per annum on full repairing and insuring terms

Rateable Value
According to the Scottish Assessor?s website (www.saa.gov.uk), the subjects have a rateable value of £5,700. The uniform business rate for the current year is £0.498 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.
Entry
Upon completion of a formal missive under Scots Law.
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.
Viewing and Further Information
By appointment through the sole letting agent, ime DJK Group Ltd.
EPC rating: Unknown. Council tax band: X,