Shop to rent25 Newington Road, Edinburgh, EH9
Let Agreed £15,000 pa| £1,250 pcm
- Good quality retail accommodation in good location
- Good footfall and passing trade in local shopping parade
- Ground floor sales area 82.13 sq.m. (approx. 884 sq.ft.)
- Offers of £15,000 per annum
Full descriptionThe subjects comprise the ground floor of a single storey stone built traditional property under a flat roof with residential housing located on first and second floors which are set back from Newington Road.
The property comprises a double fronted retail unit with a centrally located entrance. Internally, it is well laid out to a good standard and comprises a large open plan sales area with a flexible layout to suit a number of occupiers. To the side of the sales area there is ample storage along with toilet facilities.
The premises would be flexible in their use and could be retail, office or café, subject to the necessary permissions from the City of Edinburgh Council.
The property is strategically located in the Newington area of Edinburgh approximately 2 miles south of the city centre. The location offers excellent footfall, good local trade and a throughput of traffic heading into and out of the city centre and services. Newington Road is one of the main thoroughfares for daily commuters into Edinburgh City Centre.
Other occupiers in the area include the local shops and galleries, solicitors and dentists, as well as local cafes, bars and restaurants. The local trade emanates from a high volume of residential units located close by as well as from local students living in the nearby Pollock Halls of Residence, one of Edinburgh University's main residencies.
The premises have been measured in accordance with RICS Code of Measuring Practice - 6th Edition. The net internal floor areas have been calculated as being approximately as follows:
Retail Sales: 71.38 sq.m. (768 sq.ft.)
Stores/Ancillary: 10.75 sq.m. (116 sq.ft.)
Total NIA: 82.13 sq.m. (884 sq.ft.)
From reference to the Scottish Assessors' Association website, the subjects are noted to have a Rateable Value of £12,800.
The subjects are offered on normal full repairing and insuring terms for a period to be negotiated incorporating rent reviews at appropriate intervals.
Offers of £15,000 per annum exclusive are sought.
A copy of the Energy Performance Certificate (EPC) for the subjects is available to upon request.
All prices quoted are exclusive of VAT.
Each party will be responsible for paying their own legal costs incurred in this transaction.
Upon completion of legal formalities.
Strictly by contacting the sole selling agents:-
DM Hall LLP
17 Corstorphine Road
Tel: 0131 477 6000
Fax: 0131 477 6016
Strictly by arrangement with the agents.
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