Class 2 property. Well presented internally with scope to adapt. Ground floor area 50 square metres/Basement 15 square metres. Desirable location close to Edinburgh ‘Meadows’. Suitable for variety of uses. Rateable Value £8,300 – No business rates. Rent £15,000 per annum. Vacant possession.
LEASEHOLD
The premises are located on Marchmont Road in the heart of the hugely popular residential and commercial Edinburgh suburb of Marchmont. Despite being only a mile or so from Edinburgh’s bustling city centre, this area benefits from the open green spaces of Bruntsfield Links and the Meadows, which are both just a couple of minutes’ walk from the property.
This densely populated part of the city is popular with students whilst also benefiting from an influx of visitors, especially during the summer months when the surrounding open spaces are at their busiest, being well used during the Edinburgh Festival.
The property is surrounded by residential properties whilst there is a good selection of complimentary commercial businesses in the vicinity.
Currently, the property is being operated as a podiatry business having been converted from a retail unit in 2012 when our client purchased the property. Due to impending retirement the unit will be available with a brand new lease at a starting rent of £15,000 per annum. A rental deposit of 3 months is required.
The property operates with class 2 consent and subject to appropriate planning could be suitable for a variety of uses and configuration internally.
