23 Bernard Street
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Overview
| ID: | #7120 |
|---|---|
| Price: | £ 30,000.00 |
| Type: | Retail |
| Contract: | To Let |
| Location: | Leith |
| Area: | 948 SQ FT |
| Download Property Schedule (pdf) | |
23 Bernard Street, Edinburgh, EH6 6PW
- Prominent Class 3 Unit in the heart of vibrant Leith
- Highly visible corner unit in a popular location
- Close to ‘The Shore’ Tram Stop
- Ground floor of 88.07 SQM (948 SQFT)
- Offers of £30,000 per annum are invited
LOCATION
Edinburgh, a UNESCO world heritage city, and Scotland’s capital city is located approximately 400 miles north of London and 45 miles east of Glasgow. It is a key political, legal and judicial centre and is the second largest financial centre in the UK. The city has a population of approximately 525,000 and a regional catchment of around 1.6 million people. Edinburgh has a diverse economy with more FTSE 100 companies located there than any other city in the UK, outside of London. Edinburgh has a booming tourist industry and one of the fastest growing airports in the UK with over 200 direct routes.
More specifically, the property is located within the heart of bustling Leith, a vibrant district to the north of Edinburgh. The prominent corner unit is located on the south side of Bernard Street at the junction with Maritime Street to the west and Constitution Street to the east. There is an exciting mix of nearby occupiers including hotels, restaurants, coffee shops, bars and retail units. Nearby occupiers include Pierinos, The Kings Wark, Malmaison Hotel, Sainsbury’s Local and Boombarbers.
DESCRIPTION
The property comprises a highly prominent ground floor corner unit with the benefit of Class 3 planning consent. The subjects form part of a four storey stone built building under a part pitch and slate roof. Internally the property is arranged as a café with a main seating area fronting Bernard Street and Maritime Street, a newly formed Assisted WC, additional WC and kitchen / serving area. There is a secondary access point from Maritime Street via a pent. Internally, the property requires an element of upgrading.
ACCOMMODATION
The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and we estimate the Net Internal Area to be as follows:
Front Café 54.35 SQ M (585 SQ FT)
Rear Kitchen 33.72 SQ M (363 SQ FT)
TOTAL NIA 88.07 SQ M (948 SQ FT)
LEASE TERMS
The property is available on full repairing and insuring terms for a minimum of 5 years.
RENT
Offers of £30,000 per annum exclusive of VAT are invited.
RATEABLE VALUE
We are advised by the Rates Authority that 23 Bernard Street and 26 Maritime Street are individually listed, however, we anticipate the newly combined unit will be assessed as a single property. The current rateable value of 23 Bernard Street is £12,600 and 26 Maritime Street is £4,200. The ingoing occupier has the right of appeal against these figures.
EPC
The property has an EPC rating of E.
DATE OF ENTRY
By arrangement
ANTI-MONEY LAUNDERING
Under HMRC and RICS regulations, as property agents facilitating transactions, we are obliged to undertake AML due diligence for both the purchasers / tenants and vendors / landlords involved in a transaction. As such, personal and/or detailed financial and corporate information may be required before any transaction can conclude.
LEGAL COSTS
Each party shall be responsible for their own costs; however, the ingoing tenant shall be responsible for any registration dues, Land and Buildings Transaction Tax (LBTT) and any VAT payable thereon.
VIEWING
Viewings strictly by appointment with the sole letting agent.
John Morton
0131 226 6287
Angus Thomson
0131 226 6287
