Description
535 LANARK ROAD
Juniper Green EH14 5DE
LOCATION
The subjects are located in the Juniper Green area of Edinburgh which is circa 9km (5.6 miles) south west from the city centre. The unit is situated on Lanark Road on the junction with Baberton Avenue and the pedestrian crossing. Lanark Road forms part of the A70, Edinburgh to Lanark road, which leads through Currie, Balerno, to the Pentland Hills and on to Lanark.
The premise is located in a prime residential area where there are a range of local businesses and amenities to service the local residents. There is excellent public transport links serving the city centre with a bus stop located meters from the premises.
DESCRIPTION
This class 3 ‘Licensed’ Restaurant premises comprises the ground floor of a two storey property under a pitched and tiled roof. There are residential properties on the first floor above the premises. Other occupiers in the parade of shops adjacent and opposite include ’The Pentland Fry’, Lindsay & Gilmour Chemist, Hairdressers, barbers, Pentland Foot care and the Railway Inn.
Formally trading as Al Borgo for many years, the restaurant has large feature display windows with an entrance door to the right hand side and excellent livery signage space above.
Internally the unit is in excellent condition, bright, well laid out, mainly restaurant space upon entry with a serving bar, reception bar and the entrance to the kitchen directly behind the bar. The back area houses the customer toilets and a cloakroom and there is a private party/function room at the very back with its own bar and ans serving hatch from the kitchen as well as more uni-sex toilets.
The kitchen is fully fitted to a very high standard with lots of equipment, too much to list but an inventory is available on request from Ime DJK Group Ltd. There are more areas to prep and store food to the right of the kitchen and a staff toilet, the side door leads to a lane with bin stores and further dry storage solutions. Viewings are highly recommended.
The space would suit a variety of restaurateurs from all worldly cuisines from family run to franchises to established eateries or even deli and cafe businesses.
RENT & PREMIUM
A rent of £36,400 is sought for the leasehold of this property on full repairing and insuring terms for a 10 years minimum term.
The premium sought is £35,000
ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate net internal area:
Ground Floor 150 SQ M (1,615 SQ FT)
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the property has a Rateable Value of £22,700. The uniform business rate for the current year is £0.49 pence in the pound.
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.
UTILTIES
The properties are served by mains electricity, gas and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is Pending.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT Dues thereon.
ENTRY
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole selling agent, Ime DK Group Ltd.
EPC rating: Unknown. Council tax band: X,