555 Lanark Road
Juniper Green, Edinburgh, EH14

Fixed price£160,000

Property Overview

  • Property ID: P740
  • Postal Code: EH14 2LQ
  • Status: For Sale
  • Type: Commercial
  • Class: 3 (Food & Drink)
  • Property Size: 398 ft2
  • Price: £160,000

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Description

FOR SALE

 

555 Lanark Road, Juniper Green, Edinburgh EH14 2LQ

Class 3 Hot Food Takeaway

 

 

LOCATION

The subject location in Lanark Road near the junction with Baberton Avenue opposite Iceland frozen foods store.  Lanark Road forms part of the A70, Edinburgh to Lanark road, which leads to Currie, Balerno and the Pentland hills. 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

We are instructed to sell this long-established hot food takeaway which has been run by the same family for over forty years.


The subjects resemble a cottage style dwelling stone built beneath a pitched and slated roof that has been extended on the right-side elevation with a flat/lean to style roof.  The frontage is bright with a great sign display area running the full length of the building with a central entrance door flanked by two windows on either side.

 

Internally the front area is takeaway waiting area, the kitchen is to the rear left-hand side with access from behind the counter from the front of house.  The kitchen is fully fitted to suit a Chinese style but would also easily be altered to suit a wide range of cuisines. In addition, there is a large storeroom at the front right with fridges and freezers and a staff WC to the rear right.

 

There is a back yard area that provides excellent extra storage, the owner previously had planning permission to extend out the back.  There could also be scope for a residential conversion.

 

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate internal areas:

 

Ground Floor: 37 SQ M (398 SQ FT)

 

SALE PRICE

Our client is seeking a fixed price of £160,000 to purchase the property as seen.

 

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the property has a Rateable Value of £7,600.  The uniform business rate for the current year is 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 missives.

 

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: Unknown. Council tax band: X,