53 St Leonards St 291 SF of Assignment Available in Edinburgh EH8 9QN

TO LET / LEASE DISPOSAL Fully Fitted Chinese / Asian Supermarket 53 St Leonards Street, Edinburgh, EH8 9QN LOCATION The subjects are located on the east side of St Leonards Street, within Edinburgh’s Southside district, a vibrant mixed use area close to Holyrood, Newington, and the Pleasance. The area benefits from strong pedestrian and vehicular flow due to its proximity to the University of Edinburgh, surrounding residential neighbourhoods, and a variety of local retailers, cafés, takeaways, and service businesses. St Leonards Street is well-established as a busy commercial corridor, hosting supermarkets, restaurants, and convenience-led operators. Notably, a supermarket business already operates from this address. DESCRIPTION The premises comprise a fully fitted Chinese/Asian supermarket arranged over the ground floor and basement of a traditional tenement building. The unit offers an excellent turnkey opportunity for operators in the Asian grocery, fresh produce, or specialty food sector. Key features include: • Full-width glazed frontage providing strong visibility to the street • Existing supermarket fit out, including racking, counters, display shelving, and refrigerators/freezers • Spacious open plan sales area at ground level • Storage, office and/or staff area at basement level • Stock available at cost This is an ideal opportunity for continued use as an Asian supermarket, world food store, convenience shop, or other Class 1A retail use. ACCOMMODATION Approximate Net Internal Areas Floor Area (sq. m.) Area (sq. ft.) Ground Floor 27 291 Basement 53 570 Total 80 861 RENT / PREMIUM • The premises are offered as a lease disposal/assignment of an existing supermarket business. • Passing rent: £14,500 per annum by existing lease with 13.5 years remaining • A premium of £38,000 is sought for the fully fitted nature of the unit, existing goodwill and fixtures/fittings. RATEABLE VALUE The Rateable Value will be £7,900 from the 1st of April 2026 and can be confirmed via the Scottish Assessors Association. Eligible occupiers may qualify for Small Business Bonus Relief, subject to status. UTILITIES The property is connected to mains water and electricity. Additional services such as 3 phase power may be present depending on the existing supermarket fit out. ENERGY PERFORMANCE CERTIFICATE An EPC is pending LEGAL COSTS Each party will bear their own legal costs. The ingoing tenant will be responsible for LBTT and registration dues. ENTRY Entry available by agreement following completion of legal formalities. VIEWING & FURTHER INFORMATION Viewing is strictly by appointment through the sole agents.