G M BROWN PROPERTY CONSULTANTS LTD, Glasgow

185 Leith Walk, Edinburgh, EH6 8NX

Offer in excess of

£265,000

Size

703

Tenure

Freehold

EPC

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Parking

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Primary use
Other

No floor / site plan

Key features

  • Very well-fitted cafe premises
  • Highly prominent corner pitch with extensive return frontage
  • Let to 2 x individuals t/a Toast on FRI terms, this is their third site in Edinburgh after success of first venue launched in 2017
  • Let for 20 years from May 2025 subject to a mutual break on 10th anniversary
  • Passing rent of £19,500 pa subject to 4 yearly reviews
  • Offers over £265,000 = NIY 7.18% after purchasers costs

Description

Exceptionally well-fitted corner cafe premises with extensive glazed return frontage.

Internally the property has been fitted out to a very high standard providing open-plan seating and serving area to the front complete with kitchen / bakery and WCs to the rear.

The subjects command a highly prominent corner position on the east side of Leith Walk at its corner with Smiths' Place.

Leith Walk is a busy main arterial route connecting the city centre with the port of Leith.

On-street parking is provided on the surrounding streets whilst regular tram and bus services operate on Leith Walk itself.

Neighbouring occupiers include Urban Jungle Brunch Room, Scotmid Co-op, Millers Flooring, Majestic Wine, Subway, Ladbrokes and Organico Cafe / Pizzeria.

The subjects are let to 2 x private individuals t/a Toast, established in 2017 and currently operate from their original store on Shore Walk, Leith and Warrander Park Rd, Marchmont.

Let on FRI terms for 20 years from May 2025, subject to a mutual break option on 10th anniversary.

Passing rent of £19,500 per annum subject to 4 yearly upwards only reviews to the greater of the open-market or existing rent plus £1,000 per annum.

A rental deposit equating to 3 months rent is held for the duration of the lease.
G M BROWN PROPERTY CONSULTANTS LTD, Glasgow

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Additional information
Service charge
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Business rates
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Use class
1A
Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

185 Leith Walk, Edinburgh, EH6 8NX

NEAREST STATIONS

National Rail

Edinburgh Waverley Station

1.21 miles

National Rail

Haymarket Station

2.27 miles

National Rail

Brunstane Station

3.33 miles

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Disclaimer - Property reference 380645-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by G M BROWN PROPERTY CONSULTANTS LTD, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.