Let Agreed
Retail
12 Great Junction Street, Leith, Edinburgh, EH6 5LA
Tenure: To Let
Size: 690 sq ft (64 sq m)
Rent: Offers Over £12,500 Per Annum

Key Features

  • Single windowed retail premises in busy shopping thoroughfare
  • Situated on the north side of Great Junction Street close to Leith Walk
  • Suitable for uses compliant with Class 1A
  • Immediate entry available
  • Approximate Net Internal Area of 64.10 sq m (690 sq ft)

The subjects comprise a single windowed retail premises with an aluminum framed frontage protected by roller shutter security screens.  It forms the ground and basement of a traditional four storey and attic tenement building.

Internally, the main sales area is open plan with a laminate floor covering and benefitting from a high ceiling incorporating a cornice style effect.

The back shop provides a staff area with small kitchen and toilet compartment off to the side.

Access to the basement is vi a floor hatch to the rear of the main shop area.

Great Junction Street is a principal thoroughfare located just off Leith Walk approximately 1.5 miles north of Princes Street.

The property is located on the north side of Great Junction Street in a parade of similar units between Constitution Street and Henderson Street.

Public transport is widely available nearby with the nearest tram stop at Foot of the Walk.

Nearby commercial occupiers include Guido’s Fish and Chips, Mac’s Audio, Baynes the Bakers, and Leith Pharmacy.

Accommodation

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

64.10 sq m (690 sq ft)

Rent

Our client is seeking rental offers over £12,500 per annum to grant a new lease.

Alternatively, our client will consider selling the property with a price quoted on application.

Lease

The property is available for let on full repairing and insuring terms for a period to be agreed.

Rateable value

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £7,000 effective 1st April 2023. The uniform business rate for the current year is £0.498 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.

Utilities

The property is served by mains electricity and water.

Energy performance certificate

The Energy Performance Certificate rating is rated G.

A copy of the recommendation report is available on request.

Legal costs

Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.

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.

Viewing and further information

By contacting the sole letting agent: 

Iain W. Mercer BA, AssocRICS

Director of Commercial Agency (East)

0131 357 4455 / 07713 626 887

Iain.mercer@alliedsurveyorsscotland.com

 

Bernadetta Majewska BSc (Hons) MRICS

Commercial Surveyor

0131 357 4455 / 07917 924 112

Bernadetta.majewska@alliedsurveyorsscotland.com

 

Iain W. Mercer

Director of Commercial Agency
Bernadetta Majewska

Commercial Surveyor - Agency and Valuation

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I recently used Allied Surveyors for the very first time and was extremely impressed with the service provided. From the initial marketing aspect to them finding a very suitable tenant to lease my premises in Edinburgh. The whole process was run smoothly and very efficiently start to finish

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Iain, Berndetta and Lauren provided a seamless and thoroughly professional service during our recent commercial letting in Edinburgh. A fantastic experience and I’d have no hesitation in working with their team again.

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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

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Never had an issue with Allied Surveyors. Mrs E Henderson was brilliant both with buying and selling my previous and current property. Would always use them as my first choice.

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