94 High Street,

Portobello, Edinburgh, EH15

Description

LOCATION
The property occupies a highly prominent position nearer the west end of High Street opposite the junction of Adelphi Grove.  It sits in the typically bustling retail thoroughfare of Portobello amidst a range of well-known occupiers, including: The Portobello Tap, Fine wine company and Subway.
Portobello beach is a short distance away offering picturesque cycling/walking routes. Edinburgh City Centre can be accessed by regular public transport

DESCRIPTION
The fully refurbished premises comprise of a main retail front shop area and a back shop storage with toilet facility.  Currently, the front shop make up excellent retail area with great natural light and electric heating.
The rear of the shop houses a private office/storage space with natural light and new PVC double glazed windows.  There is a tea/coffee prep area and the toilet is situated to the left hand side of the area.
The shop front is well presented with sizeable window frontage suitable for a range of occupiers. Externally the unit is in good decorative condition

ACCOMMODATION
According to our measurement survey of the premises, the approximate net internal floor area is:
Total Net:49 sq m (527 sq ft)

RENT
The subjects are available to lease on full repairing and insuring (FRI) basis on terms to be negotiated.
Rental offers of £13,500 per annum.

SERVICES
The property is served by water and electricity.

ENERGY PERFORMANCE RATING
The EPC rating is rated Pending
A copy of the recommendation report can be provided upon request.

RATING
According to the Scottish Assessor's website (www.saa.gov.uk) the subjects have a Rateable Value of £5,900. The threshold for full rates relief under the Small Business Bonus Scheme has changed for the financial year 2024/25. For properties with a RV between £12,001 and £15,000 the award is now 25%. The uniform business rate for the current year is £0.498 pence in the pound.
There should be zero.

LEGAL COSTS
Each party is responsible for their own legal costs but the purchaser will be liable for any Registration Dues and LBTT relating to the purchase or lease.

ENTRY
On completion of a formal legal missive under Scots Law. EPC rating: E. Council tax band: X,