13 East London Street

Overview

ID: #6114
Price: £ 265.00 £
Type: Retail
Contract: SOLD
Location: Edinburgh City Centre
Area: 854 sq ft
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Location

The subjects are located in the bustling east end of Edinburgh’s thriving New Town, in close proximity to the popular Broughton Street. It is located in an enviable position close to the roundabout at the foot of Broughton Street. There are a number of commercial occupiers in the vicinity including numerous bars and restaurants, offices and local and national retailers. The subjects are located approximately a five minute walk from the York Place tram terminus and the redevelopment of the St James Centre.

Description

The subjects extend to the ground and basement floors of a five storey traditional sandstone building under a pitch and slate roof. The property benefits from 2 good sized rooms at ground level plus a further three rooms in the basement. To the rear, there is direct access to a very well maintained shared rear garden. Internally the property requires some basic upgrade works.

Accommodation

The subjects have been measured in accordance with the RICS Code of Measuring Practice (6thEdition) and the Net Internal Area extends to approximately:

 

Ground Floor    19.61 SQ M      211 SQ FT

Basement        59.73 SQ M      643 SQ FT

Total NIA          79.34 SQ M      854 SQ FT

 

Rateable Value

The property is entered in the Valuation Roll with a rateable value of £7,800. In going occupiers might benefit from small business rates relief.

Energy Performance Certificate

The property has an EPC rating of D.

Legal Costs

Each party shall be responsible for their own reasonable incurred costs; however, the ingoing party shall be responsible for any registration dues, land building and transaction tax and any other expenses.

 

VAT

The property is not VAT elected and accordingly no VAT will be payable on the purchase price.

 

Purchase Price

We are inviting offers over in excess of £265,000.

 

Entry

Entry with vacant possession can be given immediately on conclusion of legal formalities.