retail
DM HALL
22 LADY LAWSON STREET EDINBURGH EH3 9DS TO LET SHOP PREMISES
• CENTRAL BUSINESS DISTRICT • CLOSE TO THE GRASSMARKET commercial department 15 Alva Street, EDINBURGH, EH2 4PH
0131 477 6000
www.dmhall.co.uk
LOCATION
ASSESSMENT
Grassmarket within the sight of Edinburgh Castle. The area has seen
entered in the current Valuation Roll as follows:
Lady Lawson Street is a busy thoroughfare between Lothian Road and the considerable development in recent times, both from a residential and
Reference to the Assessor’s website has shown that the subjects are
commercial viewpoint.
Rateable Value
The subjects are located on the west side of Lady Lawson Street, just to the
The Uniform Business Rate in Scotland for the year 2010-11 is 40.7p in the
include Sainsbury’s, a sandwich bar, patisserie, Chinese restaurant and
supplement of 0.7p, bringing the total amount payable to 41.4p. The Small
north of the junction with Bread Street/West Port. Nearby occupiers Boardwise.
£3,450
pound. Where a Rateable Value is greater than £35,000, there is a Business Bonus Scheme gives reliefs up to 100% of liability (depending on circumstances) for properties with a Rateable Value of £18,000 or less. Further details of the Scheme can be obtained from the Scottish Government website
LEASE TERMS
The property is available on normal full repairing and insuring lease terms
for a period open to negotiation and which will incorporate rent reviews at regular intervals.
LEGAL COSTS
The ingoing tenant will be responsible for the landlords reasonable legal costs incurred in the granting of the lease together with the normal payments of Stamp Duty Land Tax and Registration Dues.
RENT
Offers in the region of £8,000 per annum exclusive are invited and should be submitted to the agents as below.
FURTHER INFORMATION
Further information is available from the sole agent: DM HALL LLP
15 ALVA STREET EDINBURGH EH2 4PH
DESCRIPTION
The subjects comprise single windowed retail premises arranged over
Tel:
0131 477 6000
building. The ground floor is basically of open plan layout with tea
Email:
dana.rhodes@dmhall.co.uk
ground and basement floors of a four storey traditional stone tenement prep/toilet facilities to the rear. It has recently been refurbished to include
hardwood flooring, modern light fittings and electric panel heating units.
Access to the basement is by means of a floor hatch which will provide additional storage facility.
ACCOMMODATION
The accommodation has been measured in accordance with the RICS Code of Measuring Practice (6th edition) and the gross internal floor area has been calculated as being approximately as follows:Ground Floor Basement
Fax:
0131 477 6016
VIEWING
By appointment with the agents.
ENTRY
By arrangement. Reference ECA4695
Date of publication November 2010
24.80 sq.m. (267 sq.ft.) 11.30 sq.m. (122 sq.ft.)
IMPORTANT NOTE DM Hall for themselves and for the vendors or lessors of this property, whose agents they are, give notice that: (i) (ii) (iii) (iv) (v) (vi)
The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intended purchasers or tenants should not rely on them as statement or representation of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of DM Hall has any authority to make or give any representation or warranty whatever in relation to the property. All prices, premiums and rents quoted are exclusive of VAT. The information contained in these particulars has been checked and, unless otherwise stated, it is understood to be materially correct at the date of publication. After these details have been printed, circumstances may change outside our control. These particulars are provided for record purposes only and are not intended to create, nor to be relied upon as creating, any contractual relationship or commitment. Any contract shall only be entered into by way of our clients’ solicitors.