* Furnished
199 St John’s Road, Corstorphine, Edinburgh EH12 7UU
**Lease disposal/business sale**
Class 3 restricted
**Location**
The property occupies a direct position on the Main Street in Corstorphine’s
St John’s Road. Close to the junction of Manse Road, tucked in next to a row
of neighbouring occupiers. Corstorphine’s main shopping thoroughfare is just
outside with local occupiers including Farmer’s Autocare, Royal Bank of
Scotland, and Domino’s Pizza.
Edinburgh City Centre and airport can be accessed by regular public transport
links including buses and trams. Edinburgh’s City Bypass is a 5 - minute drive
offering routes all over the city.
**Description**
The subjects are configured over the ground floor forming part of its own
stand - alone building with excellent street frontage. The uninterrupted open
floor plan makes this property suitable for its current use as a deli/coffee
shop. The shop frontage is beautifully done wit a decked seating area for
customers, the front also has retractable awnings and attractive signage and
lighting.
Additionally, the occupiers have formed a conservatory style garden room to
the rear of the property to create more space for diners.
The main shop is fully kitted out with equipment to run such a business,
coffee machine (rented), display fridges, sinks, dishwasher to name a few. The
dda compliant WC is located to the front left near the entrance.
**Accomodation**
According to our recent measurement survey, the subjects comprise of the
following approximate net internal area:
• 42 sq. M (452 sq. Ft)
• 18 sq. M Garden Room
• 15sq. M Front decking area
**Rent & lease terms**
There are 8. 5 years remaining on full repairing and insuring terms and
conditions. The current rent is £18, 000 per annum. The lease is extendable and
can be done immediately if required.
**Premium price**
Our clients are asking for a £37, 500 premium for the lease, fixtures and
fittings and the goodwill of the business.
**The business**
Bennitos has taken Corstorphine by storm and has been an excellent addition to
Corstorphine’s High Street, they have a good social media presence, and all
the locals know the shop very well. The Deli offers take away or sit in Pasta,
antipasti, salads, sandwiches, soups as well as excellent coffee, gelato and
meats and cheeses. Internally at the moment there is space for 6 - 9 covers with
a further 10 outside at the front and a further 18 - 20 to the back in the
conservatory/garden room. The business is showing strong trading figures and
interested parties can be privy to this information once they have shown the
strength of their covenant status.
**VAT**
There will be no VAT due on the lease.
**Services**
The property is served by mains water, and electricity.
**Energy performance rating**
The Energy Performance Certificate (EPC) rating is currently pending.
**Rateable value**
According to the Scottish Assessor’s website () the subjects have a Rateable
Value of £10, 600. The uniform business rate for the current year is £0. 49
pence in the pound (as of April 2023).
Occupiers may be eligible for 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.
**Legal costs**
Each party is responsible for their own legal and costs incurred in the
preparation, negotiation, and settlement of the documentation pertaining to
the lease or sale including LBTT or VAT applicable.
With both Assignee and Assignor contributing 50 - 50 on the landlords costs.
**Entry**
Upon completion of a formal missive under Scots Law.
**Viewing and further information**
By appointment through the sole letting agent, ime djk Group Ltd.
Council tax band: X

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