_Restaurant & takeaway_
_for sale_
_Potential development opportunity_
__
_62 Clerk Street, Loanhead, EH20 9RG_
_Location_
The unit is located on Clerk Street, which is in the popular Loanhead area
Just 5 miles south from Edinburgh City Centre. Clerk Street forms the main
shopping parade/high street in Loanhead, which is a busy town in Midlothian
with many residents and a growing population with a lot of new buildings
recently built at both Straiton and Bilston respectively.
The property is situated within a parade of similar styled retail units with
residential above. Other retailers close by include Scotmid and Porteous
Funeral directors, as well as a wide selection of national retailers at
Straiton Retail Park.
_Description_
This premises is a fully fitted Chinese restaurant class 3 unit, recently used
only for takeaway during the pandemic. The property is one of the only single
storey retail units on the street and has the addition of a large garden to
the rear.
Upon entering the shop there is a large restaurant area which has been
partitioned off to create a smaller takeaway space. The bar and customer
toilets are located centrally with the kitchen and storage/prep areas to the
rear. There is a back door that leads to a 20m x 8m garden. The roof and flat
roof to the rear has recently been re slated and felted.
This unit would make an excellent local restaurant or takeaway or there’s
potential for a commercial to residential conversion extending out the back
and up the way.
_Accommodation_
According to our recent measurement survey the premises contain the following
approximate net internal area:
_103 sq M (1, 109 sq ft)_
_Rating_
According to the Scottish Assessors website () the subjects have a Rateable
Value of £15, 200. The uniform business rate for the current year is £0. 49
pence in the pound.
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.
_Sale Price_
We are seeking offers over £175, 000 for the freehold purchase of this
property.
_Services_
The property has mains water, gas and electricity.
_Energy Performance Certificate_
The EPC rating is Pending
A copy of the EPC and recommendation report can be provided upon request.
_Entry_
Entry will be upon completion of a formal missive under Scots Law.
_Legal Costs_
Each party is responsible for their own legal costs but the ingoing tenant
will be liable for any Registration Dues and LBTT relating to this
transaction.
__
_Viewing_
Strictly by appointment via the sole selling agents
_Contact_
_Ime djk Group Ltd –_
Council tax band: X

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