Haddington is a highly sought-after market town situated in East Lothian approximately 25 miles east of Edinburgh City Centre. It benefits from close proximity to the A1 trunk and good public transport links making it a desired location for commuters and visitors.
The subject is in a central position on the south side of the High Street directly opposite a pedestrian crossing leading to Broad Wynd and Market Street.
Either side of the property is a branch of Boots and Semi-Chem with other nearby commercial occupiers including Baynes, Cancer Research UK and St Columba’s Hospice.
The subjects form the ground floor of a three-storey, B-listed building with the upper floors in residential use.
The premises are well-presented with a painted stone frontage, single window, laminate flooring and neutral décor throughout.
It is current laid out as a hair salon with 5 chairs and 2 hair washbasins in the front shop area. To the rear is a small beauty room with a tea prep area, WC and store.
According to our recent measurement survey the premises contain the following approximate net internal area:
45.61 sqm (491 sq ft).
Our client is seeking offers over £10,000 per annum to grant a new full repairing and insuring lease.
VAT is not applicable.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £8,300 effective 1st April 2017. The uniform business rate for the current year is £0.49 pence in the pound.
Occupiers may be eligible for 100% 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 electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
Each party shall be responsible for their own legal costs incurred in connection with the eventual tenant liable for any Land Building and Transaction Tax (LBTT) and VAT thereon.
VIEWING AND FURTHER INFORMATION
By contacting the sole letting agent:
Iain W. Mercer BA, AssocRICS
0131 357 4455 / 07133 626 887
Bernadetta Majewska BSc (Hons)
0131 357 4455 / 07917 924 112