25 High Street

Bonnyrigg, Midlothian, EH19

Description

Tenure: Freehold

25 High Street, Bonnyrigg EH19 2DA
Class 2
INVESTMENT SALE

An excellent opportunity has arisen to acquire the freehold of this desirable, newly renovated Class 2 unit on Bonnyrigg High Street with a sitting tenant, paying £6,500 per annum.

LOCATION

This superb unit is approximately 5 miles southeast of Edinburgh city centre just off the north side of the High Street, occupying a central private location in between Lothian Street and Leyden Place and just before the main crossroads of Bonnyrigg.  The High Street (B704) is a main route to and from the (A768) through to Dalhousie, Gorebridge before eventually joining the (A7).

 There are regular public transport links to the city centre and the City Bypass is very close, giving excellent routes all over the city.

DESCRIPTION

The subjects form part of a traditional building set just behind a busy retail and residential thoroughfare. The unit is a class 2 and is very well presented and in excellent decorative condition both internally and externally due to a recent full renovation. 

The shop layout’s suits the use and would be ideal for future office or beauty/treatment-based businesses.

Internally the unit is configured with a welcoming entrance with WC to the left-hand side upon entry and two generous room spaces to the rear, one with kitchen/tea prep facilities. The frontage has plenty of windows, which give a bright feel when you’re inside.

Externally, the unit has new windows and door, new harling and the roof has just been completely overhauled.  There is also a new path leading to the unit and a nice fence and gate.

ACCOMODATION

According to our measurement survey the unit is approximately:

38 SQ M  (409 SQ FT)

LEASE DETAILS

The property has recently been let on a three-year deal on full repairing and insuring terms for £6,500 per annum.

SALE PRICE

Our clients are seeking offers over £60,000 to purchase the freehold.

SERVICES
The property has mains water, drainage and electricity.

ENERGY PERFORMANCE RATING
The EPC rating is pending.

RATING

The rateable value is £725 on the assessor’s website.
This may need to be reassessed since the renovations finished.

The uniform business rate for the current year is 0.49 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.

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

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
On completion of legal formalities.

EPC rating: Unknown. Council tax band: X, Tenure: Freehold,