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278-284 Bonnington Rd, Edinburgh

Shop for sale

£185,000 1,184 sq ft

Allied Surveyors Scotland plc
Highlights
  • Strong levels of custom from nearby trade park and local residences
  • In popular Newhaven/Bonnington district
Property type

Shop for sale

Full address
278-284 Bonnington Rd, Edinburgh EH6 5BE – Edinburgh
Asking price
£185,000
Available space range
There is 1 space available. This measures 1,184 sq ft.
Features
Security system, Roller shutters
Brochure
Download the brochure

Sale details

Sale unit 3994723 - Retail Available

1,184 sq ft, £156.25 per sq ft

Unit Sale unit 3994723 - Retail
Address 278-284 Bonnington Rd, Edinburgh, Edinburgh City, EH6 5BE, GB
Size 1,184 sq ft
Price £185,000
Price per unit £156.25 per sq ft
  • Class 3 investment – for sale.
  • Class 3 investment in popular newhaven/bonnington district.
  • Let until 4th november 2024 at £16,800 per annum.
  • Strong levels of custom from nearby trade park and local residences.
  • Offers over £185,000 reflecting a niy of 8.90%.
  • 110 sq m (1,184 sq ft).
  • Location.
  • Bonnington road is situated in north edinburgh approximately 2 miles from princes street and less than a mile from the fashionable shore in leith.
  • Historically, bonnington was once home to sugar bonds, print works and milling but has undergone a transformation over the years resulting in a number of new residential and commercial developments.
  • The subjects are close to the corners of newhaven road and pilrig street.
  • It resides directly opposite a popular trade park which includes screw fix, johnston’s decorating centre and the cloth shop amongst its occupiers.
  • There is unrestricted street parking on bonnington road and surrounding streets whilst local bus routes provide regular services across the city.
  • Description.
  • The subjects comprise the ground and basement of a traditional stone tenement building with residential units on three upper floors.
  • Internally, the premises, which trade as bonnington brunch, present a regular shaped customer takeaway area to the front with a staff counter.
  • Behind this is a small office/store and access to the basement and kitchen.
  • The kitchen is a fully fitted commercial style kitchen with an extraction canopy and food prep benches.
  • The basement is large and provides excellent storage space split across two rooms.
  • Floor to ceiling height is 2.3 metres.
  • There is also a staff wc.
  • Accommodation.
  • According to our recent measurement survey, the subjects comprise the following net internal floor area:.
  • 110 sq m (1,184 sq ft).
  • Tenancy details.
  • The subjects are currently let on full repairing and insuring terms, subject to a photographic schedule of condition, from 5th november 2003 until 4th november 2024 at a passing rent of £16,800 per annum.
  • The lease is subject to a tenant only break option as at 5th november 2021..
  • A copy of the lease can be provided to interested parties on request.
  • Price.
  • Offers over £185,000 are invited for our client’s heritable interests reflecting a niy of 8.9% allowing for standard purchasers’ costs of 1.8%.
  • Rateable value.
  • According to the scottish assessor’s website (www.
  • Saa.
  • Gov.
  • Uk) the subjects have a rateable value of £5,700. the uniform business rate for the current year is £0.49pence in the pound.
  • Occupiers may be eligible for 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 metered for mains electricity, water and gas.
  • Permitted use.
  • According to the lease the permitted use of the premises is as a takeaway food shop, delicatessen and outside catering business with ancillary office, storage and car parking.
  • Energy performance certificate.
  • A copy of the energy performance can be provided upon request.
  • Legal costs.
  • Each party shall bear their own legal costs in the course of the transaction with the purchaser liable for any lbtt.
  • Viewing and further information.
  • Strictly by appointment only through the sole selling agent, allied surveyors scotland plc.
  • Entry.
  • Upon completion of a formal missive under scots law.
Sale type Investment
Tenure Freehold
Use Retail
Unit details Class 3 investment – for sale., - class 3 investment in popular newhaven/bonnington district - let until 4th november 2024 at £16,800 per annum - strong levels of custom from nearby trade park and local residences - offers over £185,000 reflecting a niy of 8.90% - 110 sq m (1,184 sq ft)., The subjects are close to the corners of newhaven road and pilrig street., It resides directly opposite a popular trade park which includes screw fix, johnston’s decorating centre and the cloth shop amongst its occupiers., There is unrestricted street parking on bonnington road and surrounding streets whilst local bus routes provide regular services across the city., The subjects comprise the ground and basement of a traditional stone tenement building with residential units on three upper floors., Internally, the premises, which trade as bonnington brunch, present a regular shaped customer takeaway area to the front with a staff counter., Behind this is a small office/store and access to the basement and kitchen., The kitchen is a fully fitted commercial style kitchen with an extraction canopy and food prep benches., The basement is large and provides excellent storage space split across two rooms., Floor to ceiling height is 2.3 metres., There is also a staff wc., Accommodation., According to our recent measurement survey, the subjects comprise the following net internal floor area:., 110 sq m (1,184 sq ft)., Tenancy details., The subjects are currently let on full repairing and insuring terms, subject to a photographic schedule of condition, from 5th november 2003 until 4th november 2024 at a passing rent of £16,800 per annum., The lease is subject to a tenant only break option as at 5th november 2021.., A copy of the lease can be provided to interested parties on request., Price offers over £185,000 are invited for our client’s heritable interests reflecting a niy of 8.9% allowing for standard purchasers’ costs of 1.8%.
More building details Less building details

Property facts for 278-284 Bonnington Rd, Edinburgh

The property comprises an end-terraced, tenement building of masonry construction, arranged over five floors, including basement. There is retail space on the ground floor and basement and residential accommodation above.

The property is located in a corner position on the north side of Bonnington Road, at its junction with Newhaven Road, in the Leith district, approximately 1.5 miles from the city centre. It is a major arterial route connecting Great Junction Street to the north, and Broughton Road and the city centre to the south.

Building subtype
Storefront retail residential
Number of storeys
5
Rentable building area
3,881 sq ft
Year built
1880
Parking
Covered, Surface

Attachments

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This shop for sale is located in Edinburgh.

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Allied Surveyors Scotland plc

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Allied Surveyors Scotland plc. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Allied Surveyors Scotland plc for full details and further information.