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Class 1 Retail Property, New Lease, Edinburgh For Sale

Edinburgh, Edinburgh City, UK
Asking Price:
£1
Turnover:
Not applicable
Net Profit:
Not applicable

Class 1 retail property. Busy local parade. New lease with flexible terms. Available with vacant possession. c.100 square metres. Cannot be convenience store or barbers. Annual rent £15,000.

NIL PREMIUM

The property is located on Restalrig Road which is a main thoroughfare connecting Leith Links through the densely populated Restalrig and Lochend areas to Meadowbank which is east of the city centre.

Nearby Leith Links is a popular park which hosts a number of sporting facilities along with festivals during the summer months.

Leith has seen substantial redevelopment over the last 30 years which has accommodated new shopping areas, plentiful new housing as well as popular additions to the cultural side of Leith including many quality bars and restaurants around the Shore area.

Although Leith is connected to Edinburgh, it still retains a distinct identity in itself and has great access to the A1 routing heading south and Edinburgh’s main railway station and airport are both reachable by a short drive or by public transport.

The unit is a former bookmakers and is still set up as such with service counter and screens. Phase 3 power supply. 2 customer WCs along with kitchen, office and staff WC.

This unit is available with vacant possession and would be suitable for a number of uses from coffee shop to yoga/pilates studio. Nearby occupiers include an undertakers, convenience store, barbers and bakers. The unit cannot be used for a convenience store or a barbers.

There is plentiful parking available directly outside and on the surrounding streets.

Class 1 retail consent.

The property is offered on a new lease agreement with a starting rent of £15,000 per annum.

Property Information

Property:

Leasehold

Lease Terms:

New lease with flexible terms.

Premises Details:

Currently closed.

Other Information

Related Documents:
Member ? This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.

This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.