Henderson Row is situated within the New Town district of Edinburgh and is on the fringe of the highly desirable areas of Stockbridge and Inverleith.
The property is on the north side of Henderson Row and is bordered on either side by a campus of Edinburgh Academy School and the corner of Perth Street.
There is an excellent range of cafes, bars and specialist shops nearby. Metered car parking is available in the vicinity whilst there are also regular public transport links.
The subjects comprise the basement of a traditional, four-storey tenement with the upper floors all in residential use.
Internally, the accommodation is currently a Health Centre occupied by Balanced Physiotherapy with 6 treatment and consultation rooms arranged off a central corridor. The accommodation is immaculately presented with laminate flooring throughout, LED lighting
One of the rooms is currently sub-let to Mosaic Medical who will be remaining in occupation. Rental income disclosed on request.
According to our recent measurement survey the premises contain the following approximate net internal area:
112 sq m (1,205 sq ft)
The property is available by way of assignment of the current lease expiring 4th July 2023. Alternatively, the premises can be made available by way of a sub-lease. Subject to covenant the landlord is willing to consider a lease extension or grant a new lease.
£24,000 per annum. We understand VAT does not apply.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £10,200. The uniform business rate for the current year is £0.498 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.
The property is served by mains gas, electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
Each party shall bear their own legal costs in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By contacting the sole letting agent:
Iain W. Mercer BA, AssocRICS
Director of Commercial Agency (East)
0131 357 4455 / 07133 626 887
Bernadetta Majewska BSc (Hons)
Graduate Commercial Surveyor
0131 357 4455 / 07917 924 112
- Lease available by way of assignation or sub-let from current tenant
- Lease expiry July 2023 - landlord will renew or extend
- Passing rent of £24,000 per annum