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SOLD STC

190 Portobello High Street, Edinburgh, EH15

Offers Over
£95,000

£394.19 per sq ft

Business rates & charges may apply

ALLIED SURVEYORS SCOTLAND, Edinburgh
SIZE AVAILABLE

241 sq ft

22 sq m

SECTOR

High street retail property for sale

Key features

  • Commercial premises suitable for range of Class 1A uses
  • Situated in thriving and highly sought after Portobello High Street
  • Benefits from high levels of passing traffic
  • Approximate Net Internal Area 22.43 sq m (241 sq ft)
  • Offers over £95,000, exclusive of VAT

Description

LOCATION

Portobello is a thriving and highly sought-after suburb of Edinburgh located approximately 4 miles east of the city centre. Its popular promenade and beach ensure the area enjoys regular visitors who are also attracted to the high street's mix of independent boutiques and national retailers.

Retiral now forces the sale of the property which for many years has served as a successful family-run watchmakers and jewellers business.

The subjects are situated on the north side of Portobello High Street in between Bath Street and Regent Street. The area is mixed commercial and residential with car parking widely available and excellent public transport links.

Adjoining commercial occupiers to the premises include Sainsbury's Local, Boots the Chemist, Greggs, the Deli Coffee Shop and Tills & Company book shop.

DESCRIPTION

The subjects comprise a single windowed commercial premises suitable for Class 1A uses. It is arranged over ground floor with flats to the upper levels and forms part of a two storey and attic building.

The premises comprises a sales area to the front with a staff/work room, tea prep and sink, walk-in storage and W.C to the rear.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate net internal area:

22.43 sq m (241 sq ft)

TERM

Heritable (Scottish equivalent of English freehold).

PRICE

Our client is seeking offers over £95,000, exclusive of VAT.

RATEABLE VALUE

According to the Scottish Assessor's website ( the subjects have a Rateable Value of £4,500 effective 1st April 2023. The uniform business rate for the current year is £0.498 pence in the pound.

Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.

UTILITIES

The property is served by mains electricity and water.

ENERGY PERFORMANCE CERTIFICATE

The EPC rating is E.

A copy of the recommendation report is available on request.

LEGAL COSTS

Each party shall be responsible for their own legal costs incurred in connection with the transaction.

ENTRY

Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION

By appointment through the sole selling agent, Allied Surveyors Scotland plc.

Brochures

190 Portobello High Street, Edinburgh, EH15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brunstane Station0.9 miles
  • Newcraighall Station1.6 miles
  • Musselburgh Station2.0 miles

About ALLIED SURVEYORS SCOTLAND, Edinburgh

2 West Maitland Street, EH12 5DS

ALLIED SURVEYORS SCOTLAND, Edinburgh

Allied Surveyors Scotland?s Edinburgh commercial agency office provides a full range of agency services including lettings, sales and property acquisitions across retail, office, industrial and investment opportunities. We embrace all forms of digital and traditional marketing methods to achieve great results for our clients. In addition, we provide commercial valuations both for private clients and Red Book reports for commercial lending purposes.

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 190PortobelloHighStreet. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALLIED SURVEYORS SCOTLAND, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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