For Sale

Back to search
New Listing
For Sale
Class 1A, Retail
26 Spey Terrace, Leith, Edinburgh, EH7 4PL
Tenure: For Sale
Size: 383 sq ft (36 sq m)
Price: Offers Over £90,000
Download Brochure
Gallery Map

Key Features

  • Former convenience store suitable for Class 1A uses
  • May suit alternative uses (subject to planning)
  • Close to Leith Walk and a wide array of local amenities
  • Qualifies for 100% rates relief
  • Approximate Net Internal Area of 35.58 sq m (383 sq ft)

The subject comprises a shop unit occupying a corner plot and forming the ground floor of a four-storey tenement, surmounted by a pitched and slated roof.

The unit was last used as a convenience store and as such the front shop benefits from two large window openings and a roller shutter main door.  There is an area of partitioned storage with a WC to the rear.

The adjacent property is a one bed studio flat which could be made available with vacant possession through separate negotiation.

The Leith area of Edinburgh lies approximately 4 miles north-east of the city centre.

Spey Terrace can be reached directly from Leith Walk via Middlefield, or from Dryden Street off Pilrig Street.  The subject is located on the corner of Spey Terrace and Dryden Street.

The surrounding area is residential with street parking comprising of permit and metered spaces.

There is an abundance of amenities within 5 minutes’ walk with occupiers including Sainsbury’s Local, Pret A Manger, Starbucks and Starlight Asian Supermarket.

Accommodation

According to our recent measurement survey the premises contain the following approximate net internal area:

35.58 sq m (383 sq ft)

Price

Our client is seeking offers over £90,000 for the Heritable title.

Terms

Heritable (Scottish equivalent to English freehold).

Rateable Value

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £4,650 effective 1st April 2023.  Occupiers may be eligible for 100% rates relief under the Small Business Bonus Scheme. The uniform business rate for the current year is £0.498 pence in the pound.

Utilities

The property is served by mains electricity and water.

Legal Costs

Each party shall bear their own legal costs with the eventual purchaser liable for any Registration Dues or LBTT thereon.

Anti-Money Laundering

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017.  This now requires us to conduct due dilligence not only on our client but also on any purchasers or occupiers.  Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.

Entry

Upon completion of a formal missive under Scots Law.

Iain W. Mercer

Head of Commercial Agency - Scotland
Email
07713 626 887
Bernadetta Majewska

Commercial Surveyor - Agency and Valuation
Email
07511 499 420
Add toRemove from Shortlist
Back

Enquire about this property

"*" indicates required fields

Office Agency Team of the Year – Finalist

Retail and Leisure Agency Team of the Year – Finalist

Retail and Leisure Team of the Year – Finalist

Industrial Agency Team of the Year - Finalist

Business Resilience Award – Finalist

Excellent service received from James Burns. Process of having a home report carried out was seamless from start to finish. Highly recommend.

I would like to say that Keith and One Service have bent over backwards to help us on our way to preparing the sale of our home. They have been extremely professional, courteous and helpful throughout. I cannot speak highly enough about them.

I have dealt with Allied Surveyors in Inverness for many years most recently with regard to a Commercial Rent Review. They are highly professional , very efficient and go to great lengths to ensure that the client is well looked after and represented properly. I have no hesitation in recommending them.

I chose Allied to carry out home report on my flat. Scott Livingstone came out quickly and carried out a thorough inspection of the property. The report was accurate, clear and concise on the condition and provided a valuation that I and ultimately the market was happy with. I would thoroughly recommend to others requiring valuation services

Bernadetta provided an excellent service, warm, friendly and very approachable. A professional service from start to finish. I would highly recommend Bernadetta at Allied Surveyors.

I have huge thanks for Simon and all at Allied Surveyors who are just the most wonderful company to deal with. Buying/selling a home can be a complex process and to give someone your time is such a simple thing yet often lost in the current world, Simon at Allied has given us just that as well as mountains of advice and a sharing of his knowledge. Thanks Again

Professional and really nice person to deal with. Scott from Allied Surveyors (Stirling/falkirk area) recently did my home report. He was easy to talk and he explained the issues he noticed at the time of viewing the property as well as in more detail in the report itself. He is a very fair individual and also in our discussion gave me the opportunity to correct a few things. Not full of himself or power tripping. Just a genuninely nice person doing his job. Thank you.

Grant Robertson recently completed a development valuation for a site I am building out. His knowledge and attention to detail was outstanding and has made the process of purchase and funding so much easier. He also kept the lawyers, who were often dragging their feet, focused on delivery.

Great service from Bernadetta. She was always available for questions and very responsive. Thanks for finding a Tenant and helping in closing the lease.

We’re here to help.

If you have a question about any of our other services please fill in the enquiry form or call one of our offices.

Head Office

Allied Surveyors Scotland
Herbert House
24 Herbert Street
Glasgow G20 6NB

Tel: 0141 330 9950
Email Us