Commercial property to let in Home Street, Tollcross, Edinburgh EH3

63 Home Street, Edinburgh EH3 9JP
Class 1 retail
120 sq M (1292 sq ft)

Location

The subject premises are located approximately one mile south of Edinburgh city centre, occupying a position on the south east of Home Street close to the junction with Lochrin Place. This is an established inner city district made up of both commercial on the ground floor with residential uses on the upper floors.

Home Street is a busy connecting road to central Edinburgh and the property is located in relative close proximity to the Kings Theatre. Other retailers in this parade of shops comprise a hair salon, William Hill, Pep’s Chicken, a Beauty and Nail bar and an e-cigarette shop.
Tollcross is a busy thoroughfare with commuters walking and driving to work as well as tourists walking to and from their accommodation. Tollcross is a busy bus hub with routes leading to all parts of the city and Lothians.

Description

The premise comprise a single ground floor unit beneath a pitched roof forming part of a four-storey traditional stone-built Edinburgh tenement. There’s a large double display window fronting onto Home Street with a glazed entrance door to the right protected by roller shutters. The frontage is bright and has excellent sign space above.
Internally the unit is laid out to suit the former occupiers grocery/fruit and vegetable store use with a large open retail space at the front and similar to the rear. The unit is completely shelved out, but could easily be opened up more by removing the shelves and windows to the back that have been covered up to provide more selling space previously. Incentives will be offered to potential tenants based on their fit out plans.
The basement is entered from a trapdoor style opening in the middle area but it is actually a proper concrete stairway which could be more accessible with a balustrade around it. The WC is located to the rear left hand side of the basement as well as some further storage rooms. The basment also benefits from a door into the common stair. And a further storage cupboard within that area.
This unit would suit various types of occupiers and all will be considered.

Rent

A rent of £18,000 is sought on a full repairing and insuring lease for a minimum term of five years, preferably ten years.

Accommodation

According to our recent measurement survey the premises contain the following approximate net internal area:
Ground Floor 72 sq M (775 sq ft)
Basement 48 sq M (517 sq ft

Rateable value

According to the Scottish Assessors website () the property has a Rateable Value of £11,800. 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 property is served by mains electricity and water.

Energy performance certificate

The Energy Performance Certificate rating is Pending.
A copy of the recommendation report is available on request.

Legal costs

Each party shall bear their own legal costs in the preparation of the lease 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 selling agent, Ime djk Group Ltd.
Option 1
Council tax band: X