52 Rodney St 614 SF of Assignment Available in Edinburgh EH7 4DX

Hot Food Takeaway/Sui Generis Lease Disposal 52 Rodney Street, Edinburgh EH7 4DX LOCATION The subject property is situated north easterly on Rodney Street approximately 1 mile north of Princes Street. The Broughton area of Edinburgh connects with Leith, the Newtown, and Canonmills. The unit sits near the corner of Herriot Hill Terrace and is surrounded by a mix of residential tenements, retailers, restaurants, cafes and bars. The amount of passing traffic and trade make this a popular commercial destination. Public transport links are very good with regular bus routes stopping close to the property. The tram stops at the top of Broughton Street just a 10 minute walk from the premises. DESCRIPTION The subjects are configured over the ground floor and comprise a single windowed retail unit, with three floors of residential properties above. Fully kitted out to suit any restaurant/takeaway style business, the shop benefits from an open plan sales/seating area to the front with waiting area and opens to the back open plan kitchen are fully fitted stainless steel and a large extraction canopy with cooking equipment such as cookers, fryers fridges etc... There are high level storage solutions, and the rear right of the ground floor is the staff WC, there is also a WC for customers in the middle of the unit between front shop and back shop. The unit is used as a Thai BYOB restaurant/takeaway currently and has a strong following from locals, the seating area is cosy with mood lighting and suits the space well other features include gas combi boiler, Cooking Equipment, Fridges and freezers, Stainless Steel Sinks etc…. ACCOMMODATION According to our recent measurement survey the subject comprises the following approximate net internal area: Ground Floor: 57 SQ M (614 SQ FT) RENT & PREMIUM The rent is currently £15,000 per annum A premium of £42,000 is sought. LEASE TERMS AND THE BUSINESS The lease has approximately 9.5 years remaining on full repairing and insuring conditions. The business has excellent google reviews and is fully booked most weekends as well as having a delivery service RATEABLE VALUE According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £10,200 effective 1st April 2023. UTILITIES The property is served by mains electricity, gas and water ENERGY PERFORMANCE CERTIFICATE The Energy Performance Certificate rating is pending. A copy of the recommendation report is available on request. ENTRY Upon completion of a formal missive under Scots Law. LEGAL COSTS Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues. VIEWING AND FURTHER INFORMATION By appointment through the sole letting agent, Ime DJK Group Ltd.