Great Junction Street is in the heart of Leith and sits to the north east of Edinburgh city centre. The subjects are prominently situated on the west side of the street, with nearby traders to include Timpson, Greggs and Baguette Express.
The property comprises a ground floor retail unit within a 4 storey sandstone tenement building with residential above.
We would confirm that the property offers the following areas and dimensions;
Grd Floor: 1,238 ft² (115 m²)
Basement: 1,063 ft² (98.75 m²)
Net Internal Area: 2,301 ft² (213.77 m²)
An EPC has been commission, further information available on application.
The property is held on the residue of a 10 year lease expiring 19th March 2025. The passing rent is £25,000 per annum and there is a tenant break option effective 20th March 2020.
Our clients are seeking to assign their leasehold interest. Alternatively consideration will be given to an under-letting.
Subject to covenant and any relevant consents our client may consider incentives in connection with this disposal.
We understand the property is entered in the Valuation Roll for 2018/2019 as follows:-
Rateable Value: £20,500
Entry will be upon completion of legal formalities.
Each party to be responsible for their own legal costs.
Strictly by appointment through this office.