• Located in affluent Corstorphine Area
• Well established retail parade
• Price: Offers over £200, 000
• Rent: Offers over £16, 500 per annum
**Location
**
Edinburgh is the capital city of Scotland with a population of approximately
550, 000 persons. It is ranked as the UK’s 2nd largest financial centre and 6th
largest in Europe.
The subjects are located in a highly prominent location on St Johns Road which
is the main thoroughfare linking the city centre to the west of Edinburgh and
the motorway network beyond. Corstorphine is an affluent residential area
approximately 4 miles to the west of Edinburgh City Centre.
Nearby occupiers include Magnet, Bank of Scotland and William Hill.
**Description
**
The subjects comprise a ground floor retail unit located within a 2 storey
building of stone construction under a pitched and slated roof.
Internally the subjects are currently being utilised as a nail bar and provide
a good standard of decorative finish throughout. The main sales area comprises
laminate wooden floor and plasterboard lined walls and ceiling. A treatment
room has been partitioned off at the rear of the sales area. To the rear is a
staff room/storeroom with single WC and tea prep area to the side. Heating is
provided by way of electric panel heaters in the kitchen area and air
extraction is provided in the sales area.
**Floor areas
**
The subjects provide the following net internal floor areas, measured in
accordance with the RICS Code of Measuring Practice (Sixth Edition)
Ground Floor 63. 1 sq m (679 sq ft)
**Price
**
Offers over £200, 000 are invited for our clients heritable interest in the
subjects
**Rent
**
Offers over £16, 500 per annum.
**VAT
**
The property has not been opted to tax and therefore no VAT is payable on
either the rent or price.
**Rating assessment
**
The valuation role shows a rateable value of £14, 900 with effect from 1st
April 2023.
The Uniform Business Rate for the year 2023/2024 is 49. 8p in the £. Water and
waste water rates are also payable.
The ingoing occupier may qualify for rates relief through the Small Business
Bonus Scheme.
**Energy performance certificate
**
The property has an EPC rating of D.
Full documentation is available upon request.
**Entry
**
On conclusion of all legalities.
**Legal costs
**
Each party to bear their own costs in relation to the transaction. The ingoing
occupier will be responsible for payment of LBTT and registration dues if
applicable.
**Closing date
**
Whilst a closing date may not necessarily be set all interested parties are
advised to note their interest, in writing, to the sole agents.
**Offers / viewing
**
All offers should be submitted in writing to the sole agents who will also
make arrangements to view.

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