£250,000

Property for sale

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Just added
Freehold

Offers over

£250,000

(£346.74/sq. ft)

Property for sale

Duke Street, Leith, Edinburgh EH6

721 sq. ft

Local area information

Property location

Nearby amenities

  • Leith Primary School 0.1 miles
  • Leith Academy 0.2 miles
  • Leith Newhaven Harbour Ferry Landing 1.3 miles
  • Edinburgh 1.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
To let / may sell

Duke Street, Edinburgh EH6 8HH

Class 3 Restaurant

location

The premise is situated in Leith, along Duke street in a parade of similar units, just around the corner of the junction to Leith Walk, a major thoroughfare connecting Leith to the City Centre, also one of Scotland’s most populated streets.

There is no shortage of public transport links to all areas, with bus stops all around, as well as the tram line furthering this connection. Amenities such as the Leith Links, and the New Kirkgate Shopping Centre are all within a few minutes’ walk away.



Description

The subjects are located on the ground and basement floors of a commercial unit within a tenement building. Access to the property is through a glazed aluminum door; the space consists of two shops that have been combined to create a spacious restaurant with a prominent frontage.

Upon entering, you're welcomed by a reception area, the main open space accommodates 24 covers and is designed for both sit-in dining and takeaway service. The décor is bright and inviting, complemented by a fully equipped kitchen that has previously specialized in Indian cuisine, but could be altered to suit any cuisine. Additionally, a sizable basement offers extra storage.

The WC is located towards the rear of the property.

Accomodation

According to our recent measurement survey, the subjects comprise the following approximate net internal area:

  • Ground Floor 67 sq. M (717 sq. Ft).
  • Basement 54 sq. M (585 sq. Ft)
  • Total 121 sq. M (1,302 sq. Ft)


Rent

Our clients are looking to lease the premises on Full Repairing and Insuring (Fri) terms for £20,000 per annum for a term to be agreed.

Premium

£15,000 for the leasehold, fixtures, and fittings.

May sell price

Offers over £250,000 for the freehold interest.



Rateable value

According to the Scottish Assessor’s website () the subjects have a rateable value of £14,100. The uniform business rate for the current year is £0.498 pence in the pound (as of April 2023).



Utilities

The utilities serving the property are mains water, gas, and electricity.



VAT

There will be no VAT due on the lease or sale

energy performance certificate

The EPC rating of this property is currently pending.

Entry

Upon completion of a formal missive under Scots Law.

Legal costs

Each party shall bear their own legal costs.



Viewing and further information

By appointment through the sole selling agent, ime djk Group Ltd.

Floor plans and tours

Floor plans (2)

Floor plan 1
Floor plan 2

More information

Property descriptions and related information displayed on this page are marketing materials provided by - IME DJK Group Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact IME DJK Group Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Edinburgh
  4. Edinburgh
  5. Edinburgh East
  6. Duke Street