16 Clerk Sreet
Newington, Edinburgh, EH8

£20,000 pa

Property Overview

  • Property ID: P785
  • Postal Code: EH8 9HX
  • Status: For Rent
  • Type: Commercial
  • Class: 1 (Retail)
  • Property Size: 1238 ft2
  • Price: £20,000 pa

Description

TO LET

16 Clerk Street, Edinburgh, EH8 9HX

Location
The unit is located on Clerk Street, which is in the popular Newington area of Edinburgh, just a mile from the City Centre. Clerk Street forms part of the main arterial road into Edinburgh from the south leading onto the Bridges and subsequently Princes Street. The surrounding area is densely populated with a large student population due to the various Edinburgh University Campuses. The premises is directly opposite the old ODEON cinema that is due to be refurbished soon.
The property is situated in a parade of similar styled retail units with three storeys of residential properties located above. Other retailers close by include Yifang Taiwan Fruit Tea, Armstrong’s vintage clothing and Marmaris Kebab House, as well as a wide selection of local artisan retailers, delicatessens, bars, restaurants, cafés and services.

Description
This premises is a class 1a unit and has been a Chinese medicine and acupuncture shop for the last twenty years, Internally the unit has a front shop retail/reception area, and a treatment room has been formed by way of a partition that would be easy to remove if necessary. There is a back room with a large window that is bright, neat and tidy with a WC just off it to the right-hand side.
The basement is entered via a trapdoor and is vast in comparison with the ground floor. It is only suitable for storage as it is.
Externally the unit has two large windows left of the entrance and excellent signage space above.

Accommodation
According to our recent measurement survey the premises contain the following approximate net internal area:
Ground Floor: 36 SQ M (385 SQ FT)
Basement: 79 SQ M (850 SQ FT)
Total: 115 SQ M (1,238 SQ FT)

Rating
According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £8,100.
Rent
Offers over £20,000 is sought on full repairing and insuring terms for a minimum of five years or more.

Services
The property has mains water, gas and electricity.

Energy Performance Certificate
The EPC rating is Pending
A copy of the EPC and recommendation report can be provided upon request.

Entry
Entry will be upon completion of a formal missive under Scots Law.

Legal Costs
Each party is responsible for their own legal costs but the ingoing tenant will be liable for any Registration Dues and LBTT relating to this transaction.

Viewing
Strictly by appointment via the sole selling agents

Contact
Ime DJK Group Ltd 0131 629 5050 – commerical@imedjk.co.uk

EPC rating: Unknown. Council tax band: X,