Description
TO LET/MAY SELL
4 Bernard Street, Leith, Edinburgh EH6 6PX
Class 2 Former Bank
Would suit a wide variety of uses
LOCATION
The subject property is situated near the corner of Constitution Street right across from the new tram stop. The subjects lie approximately 1.3 miles northeast of Princes Street. The Shore area of Leith connects with Newhaven, Leith Walk, Easter Road, and Portobello to the east along the coast. The tram now goes from the airport to Ocean Terminal and will be very beneficial. The unit sits on the north side of Bernard Street and catches the sunshine in the mornings.
The unit is surrounded by a mix of residential tenements, retailers, restaurants, cafes, and bars. The amount of passing traffic and trade make this a popular commercial destination.
Public transport links are very good with regular bus routes stopping close to the property. The tram stops directly across from the property.
DESCRIPTION
The subjects are configured over the ground and basement floors and comprise a treble arched windowed unit, with a floor of offices above. The building is a category B listed sandstone 4 bay flat roofed bank with modernistic classical detail. The vestibule entrance is grand with black, white and green marble with gold and purple and turquoise mosaic ceiling above. Upon entry the main area is vast with high ceiling and elegant cornices. The main room leads to further rooms towards the rear of the property with the WC to the far right, old vault in the centre towards the rear, two private rooms, possibly a shared office and a private office to the rear left and a kitchen/staff room to the rear left.
The basement is entered separately from the vestibule via the door that leads to upstairs, there is a secondary door that leads to the basement. The space is suitable for storage at the moment and is very handy and easily accessible.
ACCOMMODATION
According to our recent measurement survey the subject comprise the
following approximate net internal area:
GF: 148 Sq m (1,593 Sq ft)
BF: 64 Sq m (689 Sq ft)
Total 212 Sq m (2,282 Sq ft)
RENT
The rent is sought is £36,000 per annum, on full repairing and insuring terms for a minimum of 5 years or more.
SALE
Our clients would consider selling the property, price on application would apply.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £14,400 effective 1st April 2023. The uniform business rate for the current year is 49 pence in the pound. Occupiers may be eligible for 100% 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, gas and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is F.
A copy of the recommendation report is available on request.
ENTRY
Upon completion of a formal missive under Scots Law.
LEGAL COSTS
Each party shall bear their own legal costs with the eventual tenant liable for any LBTT
and Registration Dues.
VIEWING AND FURTHER
INFORMATION
By appointment through the sole letting agent, Ime DJK Group Ltd.
EPC rating: F. Council tax band: X,