Description
59 SLATEFORD ROAD, EDINBURGH, EH11 1PR
LEASE FOR SALE
? Passing rent of £16,640 per annum
? 9 years remaining on the lease term
? Highly sought after hot food takeaway use
? Fully fitted takeaway kitchen
LOCATION
The subjects are situated on Slateford Road (A70) directly opposite The former Caledonian Brewery close to the corner of Shandon Place. The area is a very popular residential district due to its close proximity to Edinburgh city centre which lies less than 3 miles away.
There are regular bus routes serving all areas of the city and a rail connection is available from Slateford station 10 minutes walk from the property. Parking, meanwhile, is available on surrounding streets.
Nearby traders include Edinburgh Sash and Case, Taste Good, Slateford Dental Care and the new Italian eatery Gio?s.
DESCRIPTION
The subjects, currently trading as Shandon Spice, comprise a single windowed unit configured over ground and basement and forming part of a stone-built tenement.
Internally, the subjects comprise of a bright and nicely decorated customer waiting area with a staff counter. The kitchen is fully fitted to a very high standard with a new range and tandoori clay oven. The staff WC is to the rear of the ground floor.
The subjects also benefit from an extensive basement which provides excellent storage.
Shandon Spice is very popular in the surrounding areas and has built up a great following over the past 7-8 years.
ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate net internal area:
37 sq m (398 sq ft)
RENT
The passing rent is £16,640 per annum exclusive.
LEASE TERMS
The subjects are held on full repairing and insuring terms and conditions and there are 9 years remaining.
PREMIUM
Offers in the region of £27,000 are sought.
RATEABLE VALUE
According to the Scottish Assessor?s website (www.saa.gov.uk) the subjects have a Rateable Value of £8,800. The uniform business rate for the current year is £0.498 pence in the pound.
UTILTIES
The premises are served by mains electricity, gas and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs in the with the eventual tenant liable for any Registration Dues or LBTT thereon.
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.
EPC rating: Unknown. Council tax band: X,