24 Dalziel Place
Meadowbank, Edinburgh, EH7

£18,000 pa

Property Overview

  • Property ID: P742
  • Postal Code: EH7 5TP
  • Status: For Rent
  • Type: Commercial
  • Class: 1 (Retail)
  • Property Size: 1216 ft2
  • Price: £18,000 pa

Description

24 Dalziel Place, Edinburgh EH7 5TP
TO LET/LEASE DISPOSAL: CLASS 1A

LOCATION
The subjects are located on the north side of Dalziel Place, part of London Road, situated just off the junction of Wishaw Terrace. London Road leads directly to Abbeyhill, Regent Road and Waterloo Place to the west and Jocks Lodge and Portobello to the East.
The Unit is in close proximity to Meadowbank Stadium and Meadowbank Retail Park.
There is no shortage of regular bus links to destinations across Edinburgh. Leith Walk, Easter Road and the Royal Mile are all major thoroughfares found nearby that connect the vicinity to destinations throughout Edinburgh and beyond.

DESCRIPTION
The subjects are a Class 1A premises configured over the ground and basement floors forming part of a traditional stone-built building with excellent corner street front presence, good signage space and a security shutter protecting the entrance.
The front internal area is a great size with decent height and lots of windows which makes the place feel bright and modern. A small corridor leads to a single WC and a back shop area that has tea prep facilities and could also be a private office /room with a fire escape door.
The basement is accessed via a trap door in the back room down a timber staircase. The basement is large and provides excellent storage space.

ACCOMODATION
According to our recent measurement survey, the subjects comprise of the following approximate net internal area:
Total 113 sq.m (1,216 sq. ft)

RENT & LEASE TERMS
The current rent is £18,000 per annum on full repairing and insuring terms and conditions.
There are 9 years left of a 10-year lease with an option to break the lease in Dec 2025.

VAT
There will be no VAT due on the lease.

SERVICES
The property is served by mains water and electricity.

ENERGY PERFORMANCE RATING
The Energy Performance Certificate (EPC) rating is currently G.

RATEABLE VALUE
According to the Scottish Assessor?s website (www.saa.gov.uk) the subjects have a Rateable Value of £5,400. The uniform business rate for the current year is £0.49 pence in the pound (as of April 2020).
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.

LEGAL COSTS
The ingoing tenant is responsible for all costs incurred in the preparation, negotiation, and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.

ENTRY
Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, ime DJK Group Ltd.
EPC rating: G. Council tax band: X,