To Let Retail Unit
7 Exchange Crescent, Conference Square, Edinburgh, EH3 8AN Tel: 0131 225 6612 Fax: 0131 225 5766
To Let Retail Unit
Viewing strictly by appointment with letting agents.
132 Morningside Road Edinburgh EH10 4AY
Modern and attractive retail unit in affluent area Prominent position on busy A702, close to Waitrose Entry available from June 2016 NIA: 604 sq ft (56.11 sq m)
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Fraser Ramage Direct Dial: 0131 473 3235 [email protected] John Conroy Tel: 0131 225 6612 [email protected]
Leeds 0113 243 6777
Dundee 01382 227900
LOCATION Morningside is a busy and affluent suburb of Edinburgh located approximately 2 miles south of the city centre. Morningside Road provides one of Edinburgh’s main arterial routes and benefits from substantial passing trade, with a strong mix of national and local occupiers. The subjects are situated on the western side of the street, between the Newbattle Terrace and Falcon Avenue junctions, only a short distance from Waitrose. Other surrounding retailers include British Red Cross, Wilkes, Cancer Research UK and Studio One furniture. DESCRIPTION The subjects comprise a prominent brick built, ground floor retail unit under a flat roof. Internally, the subjects are configured to provide an open sales area with WC facilities. ACCOMMODATION The subjects have the following approximate areas:Ground Floor
604 sq ft
56.11 sq m
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease incorporating 5 yearly upward only rent reviews, for a term to be agreed. RENTAL Rental offers of £20,000 per annum are invited. ENERGY PERFORMANCE CERTIFICATE Available on request.
RATING We understand from the Local Assessor’s website that the subjects have the following rating assessment:Rateable Value UBR (2016/17) Rates Payable
£13,700 £0.484 £6,630 (exclusive of water & sewerage)
Under the Small Business Scheme, properties with an RV of below £12,001 and £18,000 may qualify for 25% relief on rates payable depending on individual circumstances. This rate can be appealed within 6 months of entry. LEGAL COSTS Each party will be responsible for their own legal costs incurred with an ingoing tenant/purchaser being responsible for any Stamp Duty Land Tax, recording dues and VAT as applicable. VALUE ADDED TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction. VIEWING / FURTHER INFORMATION Strictly through the sole letting agents:Fraser Ramage Direct Dial: 0131 473 3235 [email protected] John Conroy Tel: 0131 225 6612 [email protected]
Date of Revision: May 2016
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, an d do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupati on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but m ust satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, an d do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupati on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but m ust satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
To Let Retail Unit
Viewing strictly by appointment with letting agents.
132 Morningside Road Edinburgh EH10 4AY
Modern and attractive retail unit in affluent area Prominent position on busy A702, close to Waitrose Entry available from June 2016 NIA: 604 sq ft (56.11 sq m)
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Fraser Ramage Direct Dial: 0131 473 3235 [email protected] John Conroy Tel: 0131 225 6612 [email protected]
Leeds 0113 243 6777
Dundee 01382 227900
LOCATION Morningside is a busy and affluent suburb of Edinburgh located approximately 2 miles south of the city centre. Morningside Road provides one of Edinburgh’s main arterial routes and benefits from substantial passing trade, with a strong mix of national and local occupiers. The subjects are situated on the western side of the street, between the Newbattle Terrace and Falcon Avenue junctions, only a short distance from Waitrose. Other surrounding retailers include British Red Cross, Wilkes, Cancer Research UK and Studio One furniture. DESCRIPTION The subjects comprise a prominent brick built, ground floor retail unit under a flat roof. Internally, the subjects are configured to provide an open sales area with WC facilities. ACCOMMODATION The subjects have the following approximate areas:Ground Floor
604 sq ft
56.11 sq m
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease incorporating 5 yearly upward only rent reviews, for a term to be agreed. RENTAL Rental offers of £20,000 per annum are invited. ENERGY PERFORMANCE CERTIFICATE Available on request.
RATING We understand from the Local Assessor’s website that the subjects have the following rating assessment:Rateable Value UBR (2016/17) Rates Payable
£13,700 £0.484 £6,630 (exclusive of water & sewerage)
Under the Small Business Scheme, properties with an RV of below £12,001 and £18,000 may qualify for 25% relief on rates payable depending on individual circumstances. This rate can be appealed within 6 months of entry. LEGAL COSTS Each party will be responsible for their own legal costs incurred with an ingoing tenant/purchaser being responsible for any Stamp Duty Land Tax, recording dues and VAT as applicable. VALUE ADDED TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction. VIEWING / FURTHER INFORMATION Strictly through the sole letting agents:Fraser Ramage Direct Dial: 0131 473 3235 [email protected] John Conroy Tel: 0131 225 6612 [email protected]
Date of Revision: May 2016
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, an d do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupati on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but m ust satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, an d do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupati on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but m ust satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
