Central Business Sales is delighted to offer to the market a class 1 retail unit in the highly sought after location of Stockbridge in Edinburgh. Stockbridge is an affluent, vibrant area of the city, located on the water of Leith. In a prime position just minutes away from the city centre, the area benefits from a weekly market and is a popular shopping destination with its wide array of independent retailers and eateries. The owner of the current business is moving his business online so no longer requires the premises. A premium of £5,000 is being sought for the lease.
The large premises have a single front entrance with a good sized display window. The premises are approximately 70m² and are in excellent condition. There is a large open plan display area, with a small office and stockroom to the rear. The retail unit would be ideal for a number of uses, including a coffee shop, sandwich bar, card/gift shop, clothing clothing boutique, estate agents or a beauty salon.
The rent is £17,000 per annum with 4 years left on the current lease and an extension available. A new business would benefit from 100% small business rates relief. The unit has a class 1 retail licence.
***PLEASE NOTE ALL CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES - DO NOT CONTACT THE CURRENT BUSINESS OWNER OR LANDLORD***