TO LET - Eric Young & Co

Jul 6, 2016 - Beauty and Connect Cafe & Gifts. ... parties are asked to contact City of Edinburgh Council Planning Department directly for further ... Occupiers may be eligible for rates relief through the Small Business Bonus. Scheme.
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Retail experience

judgement

service

TO LET Retail Unit 4-8 Learmonth Avenue Comely Bank Edinburgh EH4 1HT Potential for alternative uses

LOCATION

RATING

Comely Bank is located approximately 1 mile north of Edinburgh city centre in close proximity to the affluent Stockbridge and New Town districts. Comely Bank Road serves as a busy arterial route linking Stockbridge to Craigleith, Queensferry Road and the Edinburgh city bypass road network.

We have been verbally advised by the Rates Authority that the rateable value of the subjects with effect from 1 April 2010 is £7,900. (Each new occupier has the right of appeal against this figure).

The subject property is located on the corner of Learmonth Avenue with nearby occupiers including Boots Pharmacy, Waitrose, Horizon Hair & Beauty and Connect Cafe & Gifts.

ACCOMMODATION The subjects comprise a double fronted retail unit arranged over ground floor only. We calculate the unit to extend to the following approximate net internal areas: Ground Floor

824 sq ft

(76.55 sq m)

Based on a rate poundage of 48.4p this rateable value will result in an estimated rates liability in financial year 2016/17 of £3,824. Occupiers may be eligible for rates relief through the Small Business Bonus Scheme. Properties with a rateable value of £10,000 or less may be eligible for 100% rates relief.

ENERGY PERFORMANCE CERTIFICATE EPC Rating = E

DATE OF ENTRY By arrangement.

LEASE The subjects are available by way of a new full repairing and insuring lease for a term to be agreed.

RENT Offers in excess of £17,500 per annum exclusive are invited.

We understand the subjects currently benefit from Class 1 consent. Other uses may be considered appropriate subject to a change of use. Interested parties are asked to contact City of Edinburgh Council Planning Department directly for further information.

Agency

Each party to be responsible for their own legal costs incurred during the transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land and Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.

VIEWING

PLANNING

Waverley Gate 2-4 Waterloo Place Edinburgh EH1 3EG

LEGAL COSTS

All viewings are strictly by prior arrangement with Eric Young & Co - 0131 226 2641. Alastair Rowe 0131 558 5140 [email protected]

E: [email protected] F: 0131 558 5101

Rent Reviews

Asset Management

David McArthur 0131 558 5131 [email protected]

0131 226 2641 www.eyco.co.uk Rating

Investment

Development

See our website for all available properties:

www.eyco.co.uk

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