£20,000 pa

Property to let

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Just added

£20,000 pa

£1,667 pcm

Property to let

Morningside Road, Morningside, Edinburgh EH10

Available immediately

Local area information

Property location

Nearby amenities

  • St Peter's RC Primary School 0.2 miles
  • Edinburgh Montessori Arts School 0.4 miles
  • Slateford 1.3 miles
  • Haymarket 1.3 miles

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

Features and description

  • Furnished
To let/lease disposal
Class 3 / Restaurant
324 Morningside Road, Edinburgh EH10 4QJ
Location

The property is located on the west side of Morningside Road, a highly popular mixed-use thoroughfare with a strong retail presence connecting to Bruntsfield, approximately 1 mile south-west of Edinburgh city centre.
Morningside benefits from high levels of pedestrian and vehicular traffic and serves a densely populated residential area with a strong mix of local retailers, cafés, and service businesses.
Nearby occupiers include M&S Foodhall, Boot The Chemists, Soderberg, and several independents and food operators
Description

The subjects comprise a ground floor Class 3 unit within a traditional stone tenement building. The premises benefit from a glazed frontage providing excellent natural light and visibility to passing trade with excellent signage space above.
Internally, the accommodation is well presented and arranged to provide a welcoming restaurant area to the front, a staircase leading to the basement is in the central area, that leads down to a storage area and WC. The back of the unit has an open plan kitchen area with extraction fitted; this would suit a wide variety of cuisines looking for a cosy restaurant or café.
More seating could be added in the space in front of the kitchen, and the kitchen could be closed off.
Accommodation

According to our recent measurement survey, the premises comprise the following approximate net internal areas:

Floor Area (sq. M.) Area (sq. Ft.)
Ground Floor 42 sq. M. 454 sq. Ft.
Basement 20 sq. M. 215 sq. Ft.
Total 62 sq. M. 667 sq. Ft.
Rent & lease terms

The current rent is £20,000 per annum.
The property is on a Full Repairing and Insuring (Fri) lease with 20 years remaining.
Premium

Our client is seeking offers over £45,000 for an assignation of lease, they would consider a sub-lease too, with terms to be discussed.
Rateable value

According to the Scottish Assessors Association website, the current Rateable Value is £17,000
Utilities

The property is connected to mains water, and electricity.
Energy performance certificate

The Energy Performance Certificate (EPC) rating is G.
Legal costs


Each party will bear their own legal costs in the preparation of the lease. The incoming tenant will be responsible for Registration Dues and Land and Buildings Transaction Tax (LBTT) applicable. The landlord shall bear no cost.
Entry

Entry will be available upon completion of formal missives under Scots Law.
Viewing and further information

Strictly by appointment through the sole letting agents:

Ime djk Group Ltd

EPC rating: G.

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 to let
  3. Edinburgh
  4. Edinburgh
  5. Edinburgh South
  6. Morningside
  7. Morningside Road