Description
Tenure: Freehold
10-12 Bonnington Road, Leith, Edinburgh
EH6 5JD
Class 3 Currently used as a Wine bar and bottle shop
Investment Sale
LOCATION
The subject premises are located to the north east side of Bonnington Road (B900) and is situated on a very prominent location near the corner of Great Junction Street.
The premise location is in a mixed residential and commercial area in Leith, close to Newhaven, Bonnington, the Water of Leith and the Shore. Upon entering Bonnington Road from Great Junction Street, Bonnington Road lies between the junctions of Bangor Road and Junction Place.
The immediate surrounding areas are well known for their commercial industrial suppliers for trades and business centres off Anderson Place, Swanfield Industrial Estate and the busy retail parade of Great Junction Street that boasts nationwide and local retailers
There is excellent public transport links serving the city centre with a bus stop located within 50 meters from the premise giving access to all parts of the city.
DESCRIPTION
The subjects comprise a single storey self-contained commercial unit with the benefit of class 3 restaurant use as well as the addition of alcohol on and off sales, stone built beneath a pitched slated roof. The premises occupy the ground floor and basement floors.
Internally, the unit is clean in presentation with nice lighting. The main floor area is rectangular with 2x display windows as well as two doors to the front. Formally two separate units it would be easy to split the property into two again for potential developers. The kitchen is to the rear right hand side with a staff WC and a timber staircase leading to the basement. The ladies and gent’s WC’s are located to the rear left of the ground floor.
The basement is excellent dry storage for the wine and there are plans for the current tenants to do a micro brewery within also.
This property has three phase electricity.
LEASE DETAILS
There are 8 years remaining of a 10 year full repairing and insuring lease remaining, current rent is £12,500 per annum. More details can be shared with serious potential purchasers.
ACCOMMODATION
to our According recent measurement survey the premises contain the following approximate gross internal area:
Ground floor: 84 SQ M (904 SQ FT)
Basement: 83 SQ M (893 SQ FT)
Total: 166 SQ M (1,786 SQ FT)
SALE PRICE
Offers of £230,000 would be considered for the freehold investment sale.
RATING
According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £14,100. The uniform business rate for the current year is £0.49 pence in the pound.
UTILTIES
The properties are served by mains gas, electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is C+
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall pay their own prospective solicitors.
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.
EPC rating: C. Council tax band: X, Tenure: Freehold,