FOR SALE - Graham + Sibbald
12 Clerk Street Retail
EDINBURGH EH8 9HX
FOR SALE
-
Popular Retailing Parade
-
Strong Occupier Demand
-
Business Rates Exempt
-
Extends to 83.71sq m (901sq ft)
-
Offers Around £150,000
the complete property service
12 Clerk Street
EDINBURGH
FOR SALE Retail
Location The subjects are situated upon the north end of Clerk Street circa 0.8 miles south east of Edinburgh city centre forming part of the main arterial thoroughfare of the A7. Clerk Street is an established and sought after retailing pitch as a result of its high passing footfall and location within the Edinburgh University district with an ever present surrounding student population. The subjects lie on the east elevation of the parade in between two bus stops and directly opposite the former Odeon cinema, which is undergoing a multi million pound refurbishment and will be reopened as a theatre and restaurant complex following purchase by G1 group last year. This is expected to increase the popularity of the parade further and benefit the surrounding commercial occupiers considerably. Within the immediate vicinity existing businesses include TSB Bank, Dog House Pub, Post Office and Tanjore Restaurant. Description The subjects comprise a retail unit arranged over ground and lower ground floor level benefiting from an aluminium framed retail frontage and offset aluminium and glazed entrance door. Internally, the property provides open plan retail space with back shop to the rear including a WC and cloakroom by way of internal partitioning. Decor is similar throughout with solid terrazzo style flooring within the front shop and non slip linoleum coverings to the rear. Walls and ceiling are of a plaster and paint finish with the latter incorporating suspended fluorescent strip and recessed spot light fittings. The lower ground floor element can be accessed via the neighbouring tenement or alternatively by reinstating an existing floor hatch to the rear of the front shop and currently provides storage accommodation but offers an underlying opportunity for refurbishment. VIEWING & FURTHER INFORMATION
Accommodation The subjects extend to the following Net Internal Areas: Ground Floor: 42.44sq m (457sq ft) Lower Ground Floor: 41.27sq m (444sq ft) Total: 83.71sq m (901sq ft)
Strictly by appointment through Messrs Graham + Sibbald Jonathan Steele - Tel: 0131 240 5336 Email: [email protected]
CONTACT Graham + Sibbald 11 Manor Place Edinburgh, EH3 7DL Tel: 0131 225 1559
Services The subjects benefit from mains supply for water and electricity. Rateable Value According to the Scottish Assessors Association the subjects have a current rateable value of £7,300 and therefore qualify for 100% business rates relief. Planning The subjects benefit from Class 1 retail consent in terms of the Use Classes Order 1997 (Scotland). EPC Available upon request. Price Offers in the region of £150,000 are invited for the proprietors outright heritable interest with the benefit of vacant possession.
Aberdeen 01224 625024 Ayr 01292 271030 Dundee 01382 200064 Edinburgh 0131 225 1559 Falkirk 01324 638377 Glasgow 0141 332 1194 Hamilton 01698 422500 Inverness 01463 236977 Kilmarnock 01563 528000 Kirkcaldy 01592 266211 Paisley 0141 889 3251 Perth 01738 445733 St Andrews 01334 476 210 Stirling 01786 463111 Weybridge 01932 260 726
IMPORTANT NOTICE: Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client's Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices. Published: 9 August 2016
EDINBURGH EH8 9HX
FOR SALE
-
Popular Retailing Parade
-
Strong Occupier Demand
-
Business Rates Exempt
-
Extends to 83.71sq m (901sq ft)
-
Offers Around £150,000
the complete property service
12 Clerk Street
EDINBURGH
FOR SALE Retail
Location The subjects are situated upon the north end of Clerk Street circa 0.8 miles south east of Edinburgh city centre forming part of the main arterial thoroughfare of the A7. Clerk Street is an established and sought after retailing pitch as a result of its high passing footfall and location within the Edinburgh University district with an ever present surrounding student population. The subjects lie on the east elevation of the parade in between two bus stops and directly opposite the former Odeon cinema, which is undergoing a multi million pound refurbishment and will be reopened as a theatre and restaurant complex following purchase by G1 group last year. This is expected to increase the popularity of the parade further and benefit the surrounding commercial occupiers considerably. Within the immediate vicinity existing businesses include TSB Bank, Dog House Pub, Post Office and Tanjore Restaurant. Description The subjects comprise a retail unit arranged over ground and lower ground floor level benefiting from an aluminium framed retail frontage and offset aluminium and glazed entrance door. Internally, the property provides open plan retail space with back shop to the rear including a WC and cloakroom by way of internal partitioning. Decor is similar throughout with solid terrazzo style flooring within the front shop and non slip linoleum coverings to the rear. Walls and ceiling are of a plaster and paint finish with the latter incorporating suspended fluorescent strip and recessed spot light fittings. The lower ground floor element can be accessed via the neighbouring tenement or alternatively by reinstating an existing floor hatch to the rear of the front shop and currently provides storage accommodation but offers an underlying opportunity for refurbishment. VIEWING & FURTHER INFORMATION
Accommodation The subjects extend to the following Net Internal Areas: Ground Floor: 42.44sq m (457sq ft) Lower Ground Floor: 41.27sq m (444sq ft) Total: 83.71sq m (901sq ft)
Strictly by appointment through Messrs Graham + Sibbald Jonathan Steele - Tel: 0131 240 5336 Email: [email protected]
CONTACT Graham + Sibbald 11 Manor Place Edinburgh, EH3 7DL Tel: 0131 225 1559
Services The subjects benefit from mains supply for water and electricity. Rateable Value According to the Scottish Assessors Association the subjects have a current rateable value of £7,300 and therefore qualify for 100% business rates relief. Planning The subjects benefit from Class 1 retail consent in terms of the Use Classes Order 1997 (Scotland). EPC Available upon request. Price Offers in the region of £150,000 are invited for the proprietors outright heritable interest with the benefit of vacant possession.
Aberdeen 01224 625024 Ayr 01292 271030 Dundee 01382 200064 Edinburgh 0131 225 1559 Falkirk 01324 638377 Glasgow 0141 332 1194 Hamilton 01698 422500 Inverness 01463 236977 Kilmarnock 01563 528000 Kirkcaldy 01592 266211 Paisley 0141 889 3251 Perth 01738 445733 St Andrews 01334 476 210 Stirling 01786 463111 Weybridge 01932 260 726
IMPORTANT NOTICE: Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client's Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices. Published: 9 August 2016
