112 spring gardens, edinburgh EH8 8EY to let/may sell 19 sq M (205 sq ft)
• Retail use
• No rates
• Cheap rent
• Newly renovated
• Security shutter installed
location The property is located near the junction of Waverly Park on the
south side of Spring Gardens between the junctions of Waverly Park and Milton
Street. Spring Gardens continues east on to Royal Park Terrace and follows on
to Holyrood Park and Arthur’s Seat, whilst Abbeyhill, The Royal Mile and the
Scottish Parliament are just off the west side of the street.
The area is a short walk from popular tourist destinations such as Holyrood
Palace and the Royal Mile and it is only a 15 - minute walk to Edinburgh's
principle retail shops on George Street and Princes Street. The immediate area
offers a range of excellent amenities including Meadowbank Shopping Park,
where you have Sainsbury’s, B&M, M&S and other national companies.
There is a number of bars and coffee shops on nearby London Road and Easter
Road. The area benefits from excellent transport links with regular bus links
serving the city centre. In addition, Waverley train station is only a short
distance from this location. The nearest tram stop is at York Place.
Description The subjects comprise a single windowed unit configured over
ground floor, forming part of a stone - built tenement, protected by an electric
roller shutter. Internally, the subjects comprise of a bright rectangular
front shop retail area with good window display area.
A corridor to the lefthand side leads through to the back - shop area which has
a private room/ office to the righthand side. The WC is located to the rear
left of the property. The unit is newly renovated and in walk in condition and
would suit a range of occupiers like small office occupier, aesthetics,
possibly barber or similar types of businesses.
Accommodation According to our recent measurement survey the premises contain
the following approximate net internal area: Ground floor: 19 sq M (205 sq ft)
rent The landlord is willing to grant a new Fri lease for a minimum 5 - year
term. £8, 000 per annum.
Sale price Offers over £85, 000 are sought for the freehold purchase.
Rateable value According to the Scottish Assessor’s website () the subjects
have a Rateable Value of £2, 000. 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.
Utilties The premises are served by mains electricity and water.
Energy performance certificate The Energy Performance Certificate rating is G.
A copy of the recommendation report is available on request.
Legal costs Each party shall bear their own legal costs in the with the
eventual tenant liable for any Registration Dues or LBTT thereon. 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
EPC rating: G. Council tax band: X

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