Commercial property for sale in High Street, Dalkeith, Midlothian EH22

138 high street, dalkeith, EH22 1AU

investment sale



location



Dalkeith is located in Midlothian approximately 6 miles south east of Edinburgh city centre. It has a resident population of approximately 13,500 people and it benefits from close proximity to the A720 Edinburgh City Bypass which connects all parts of Edinburgh and then onto to further main routes.

The subject property is on the High Street which is situated in the town centre close to the junction of Tait Street . The unit is close to the main traffic lights coming into Dalkeith from the uphill Edinburgh Road

Other nearby occupiers include Paterson’s Hairdressing, The Cavalier Restaurant, Baguette Express and Kebab Mahal.





Description

The subjects comprise the ground floor of a stand-alone three storey building with residential accommodation above.

Internally, the front retail space is generally open plan and benefits from low-glare light fittings and laminate flooring is generally good decorative order throughout. Previously occupied by a retailer, there is a large service desk and slat-wall fitted for product display the window areas are also suitable for displaying products or services.

The glazed frontage provides plenty of natural light to what is an attractive unit with a metal shutter over the door and grids on the windows for security.

WC’s are located to the mid right, private room to the rear, storage cupboard and there is a side entrance leading to an alleyway, ideal for deliveries etc….

This unit would suit a variety of different uses and occupants.

Lease terms



The property is currently let with 4.5 years remaining of a 5 - year lease with a sizeable deposit sitting.

There is an option to break the lease at year 3.













Accommodation



According to our recent measurement survey the premises contain the following approximate internal areas:

Internal area: 53 sq m (570 sq ft)

sale price



Our client is seeking a purchase price of offers over £160,000



rateable value

According to the Scottish Assessor’s website () the subjects have a Rateable Value of £5,300. 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.

Utilities

The property is served by mains electricity and water.



Energy performance certificate

The Energy Performance Certificate rating is E

A copy of the recommendation report is available on request.

Legal costs

Each party shall bear their own legal costs with the eventual purchaset liable for any LBTT and Registration Dues.



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: E. Council tax band: X