For Sale

The subjects comprise office premises arranged over ground and lower ground floor and forming part of a three storey, traditional stone-built tenement. The property benefits from a large display window which may appeal to retailers protected by a roller shutter.

Internally, the premises are arranged as an office with a reception area and meeting room with tea prep, private office and WC facilities to the rear.

The lower ground floor consists of an open plan office space with lightwell to the front and to the rear providing natural daylight. In addition a walk-in internal storage space.

The subjects are located in the Blackhall area of Edinburgh approximately 2.5 miles west of the city centre.

The property is situated on the north side of Queensferry Road, a principal route in and out of the city centre, just before it connects with Hillview.  It forms part of a terrace of commercial units with residential flats above.

The location provides excellent amenities with a variety of cafes and local traders adjacent to the property whilst Craigleith Retail Park is only a short distance away.

Nearby occupiers include Cloudberry Gifts, Discovery Chiropractic, NGP Architects and Scottish Grocers Federation.

Accommodation

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

66.94 sq m (720 sq ft)

Price

Offers over £160,000 are sought for our client’s heritable interest in the subjects.

Rateable value

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a rateable value of £8,300.  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 gas, electricity and water.   There is also a fully functioning CCTV system. Also, a fully functioning intruder detection and alarm system.

Energy performance certificate

The Energy Performance Certificate rating is B.

A copy of the recommendation report is available on request.

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 diligence 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.