TO LET / MAY SELL RETAIL PREMISES / DEVELOPMENT OPPORTUNITY 83 HIGH STREET, BONNYRIGG EH19 2DB

LOCATION

Bonnyrigg with a resident population of 13,500 is situated within Midlothian, approximately 6 miles to the south of Edinburgh City Centre and easily accessible from the City Bypass, A7 and A1.

The subjects are situated in a prominent position on the north east side of the High Street in close proximity to the junction with Leyden Place to the north. The subjects are located opposite the Co-operative Foodstore, with nearby occupiers comprising a mix of retail, office, and residential uses.

DESCRIPTION

The premises comprise an ex-department store arranged over the ground and first floors of a two storey modern building with fully glazed frontage and flat roof.

The property consists of retail space and ancillary office accommodation at ground floor level, retail space with storage at first floor level, and an additional industrial unit adjoined to the rear of the building providing further space at ground floor.

The property benefits from a dedicated car park to the rear with approximately 20 spaces with accesses from Leyden Place and Leyden Park. The property has a rear loading bay, and service lift to first floor, and the building sits of a site of approximately 0.47 acres. RENT

ACCOMMODATION Offers in the region of £50,000 per annum exclusive are invited.

The net internal areas are as follows: LEASE TERMS The premises are available on the basis of a new full repairing and insuring lease Ground Floor 8,903 sq ft 827.12 sq m for a minimum of 10 years, subject to 5 yearly upward only rent reviews. First Floor 7,925 sq ft 936.23 sq ft PRICE Total Area 16,828 sq ft 1,563.35 sq m Offers are also invited for the clients feuhold interest.

LEGAL COSTS POTENTIAL SPLIT Each party will be responsible for their own legal costs incurred in connection The premises are capable of sub-division to form two retail units which offer the with this transaction. The ingoing tenant will be responsible for any Stamp Duty following space at ground floor: Land Tax and any VAT incurred thereon.

Retail Unit 1 4,923 sq ft 457.33 sq m ENTRY Retail Unit 2 3,981 sq ft 369.88 sq m By agreement. RATING ENERGY PERFORMANCE CERTIFICATE We have been verbally advised by the local Assessor’s Department that the subjects are entered in the Valuation Roll as follows: EPC Rating = E

A copy of the EPC and Recommendation Report can be provided upon request Rateable Value £101,750 VIEWING AND FURTHER INFORMATION Commercial Rate Poundage £0.458 (exclusive of water and sewerage rates) Strictly by appointment through the sole letting agents:

PLANNING Contact: Hugh Leggat Tel: 0131 243 9617 The premises benefit from a Class 1 (Retail) Use under the Town and Country Planning (Use Classes) (Scotland) Order 1997. The premises may also be suitable Email: [email protected] for alternative uses including Class 2 (office), Class 3 (Restaurant), and Class 4 (Business) subject to obtaining the necessary consents.

The building and site may also be suitable for commercial or residential development, subject to obtaining the necessary planning consents.

68-70 GEORGE STREET, EDINBURGH EH2 2LT TEL: 0131 226 6611 FAX:0131-226 6622 web:www.culverwell.co.uk email:[email protected] Misrepresentation Act 1967: See Important Note Overleaf

Goad Digital Plans are for identification only and not to be scaled as a working drawing and are based upon the Ordnance Survey Map with the permission of The Controller of Her Majesty’s Stationery Office © Crown Copyright 39954X. No part of this plan may be entered into an electronic retrieval system without prior consent of the publisher.

January 2013

Culverwell for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them and are advised to do so; (iii) no person in the employment of Culverwell has any authority to give representation or warranty whatever in relation to this property; (iv) all prices, rents and premiums quoted are exclusive of VAT at current rate.