Location 

The subjects are located within the Leith District of Scotland’s capital city, Edinburgh, approximately 1.5 miles north of the City Centre upon a main arterial thoroughfare in what would be considered a mixed commercial and residential locality. More precisely the subjects are situated on the south side of Great Junction Street in close proximity to the junction with Leith Walk.

Description 

The subjects comprise a ground and basement retail premises surmounted by a five storey stone built tenement building with a pitched and slated roof. The subjects benefit from a large glazed frontage and is accessed via an aluminium and glazed pedestrian entrance door. Internally the unit comprises open plan accommodation which has been partitioned to form both a sales area and a back shop. The ground floor also benefits from a WC and kitchen facility located to the rear of the property. The property benefits for class 3 consent and is equipped with a fully maintained extract system. 

Accommodation 

Ground 395.78 sq ft (36.77sq m ) 

Basement 344.44sqft (32.00 sqm) 

PRICE 

FIXED PRICE £150,000 for our client’s heritable interest(freehold) within the property. 

RATEABLE VALUE 

With reference to the Scottish Assessors Association website, we note the updated Rateable value as of April 2023 will be: £7,890 meaning that a tenant or owner occupier should benefit from 100% rates relief in line with the small business bonus scheme. 

LEGAL COSTS 

Each party will be responsible for their own legal costs incurred within this transaction. The purchaser will be liable for any LBTT and registration dues.

SPECIFICATION

• The subjects occupy a prominent position on Great Junction Street 

• Class 3 Hot Food Takeaway granted. 

• Stripped out and ready to refurbish 

VAT 

This property is not VAT elected. 

ENERGY PERFORMANCE: 

A copy of the Energy Performance Certificate (EPC) Will be available upon request.