The property comprises a modern ground floor retail unit and forms part of The Hub building of the Pentad development. The unit is currently fitted out as a restaurant and provides a substantial floor area benefiting from laminate floor covering, male, female and disabled WC, kitchen and food preparation area and space for 100 covers. To the rear of the building there is a communal area and there is opportunity for this to be used by the subject property for external covers. The premises have an extensive fully glazed frontage of 75 sq ft onto South Gyle Crescent.
Location
This prominent restaurant unit is situated on South Gyle Crescent within a mature business park environment. South Gyle Business Park is adjacent to Edinburgh Park providing 1.2 million sqft of occupied office space and in excess of 20,000 people within a 10 minute walk of the subject property.
South Gyle Business Park is located approximately six miles west of the city centre. The location benefits from close proximity to the A720 Edinburgh City Bypass which provides direct access to the the A8 (Edinburgh International Airport five minutes drive time), M8, M9 and A90/M90. South Gyle and Edinburgh Park Railway Stations are both in close proximity to the property and provide regular services to Edinburgh city centre and beyond.
Accommodation
We have measured the accommodation in accordance with the RICS Code of Measuring Practice (6th edition) and we calculate the net internal area of the premises to be approximately 201.22 sq m (2,166 sq ft).
Terms
Rateable Value
We are advised by Lothian Valuation Joint Board that the subjects have a Rateable Value of £XXX per annum with effect from 1 April 2010. Further details can be obtained from the Assessor on 0131 344 2500 and the Water Board on 0845 600 8855.
Planning
Permissions for the property are as Class 3 as defined within the Town and Country Planning (Use Classes) (Scotland) Order 1997, which broadly includes restaurant, cafe and snack bar (for sale of food or drink on the premises)
Applicants are advised to satisfy themselves as to any planning requirements relating to their proposed use by contacting the Council’s Planning Section, Waverley Court, 4 East Market St, Edinburgh, EH8 8BG (Telephone: 0131 200 2000 / Email: planning@edinburgh.gov.uk).
Terms
The premises are offered on a new full repairing and insuring lease on flexible lease terms.
Rent
Rental offers of £XXX per annum exclusive of VAT, Non Domestic Rates, service charges and insurance are invited.
Energy Performance Indicator
The EPC rating for this property is F.
Viewing
The property may be viewed by appointment with Mark Bulloch who can be contacted on 0131 529 5991/5828, mark.bulloch@edinburgh.gov.uk.
Fees
In accordance with standard practice, the ingoing tenant will be responsible for the Council’s reasonable legal expenses in connection with the transaction as well as stamp duty, (if applicable) and Registration dues. In addition, the tenant will be responsible for the Council’s surveyor’s expenses.
Specification
Details for Submitting Offers
1 Notes of interest should be registered with the Council’s surveyor using the contact details above in order that interested parties may be advised of a closing date.
2 When a closing date is set all offers must be received by 12 noon on the closing date. The Council will not accept late offers under any circumstances.
3 Offers must be submitted in an offer envelope available from this Department upon request.
4 Offers by hand are preferred and must be delivered to the Planning and Building Standards Counter, Waverley Court, where a receipt will be provided.
5 Offers by post will only be accepted by prior arrangement and Recorded Delivery is recommended. Postal offers should be addressed to Corporate Property, The City of Edinburgh Council, Waverley Court, Level G4, 4 East Market Street, Edinburgh EH8 8BG.
6 It is the responsibility of the person submitting the offer to seek confirmation that their offer has been received by Corporate Property and it is recommended that this be done at least 24 hours prior to the closing date.
7 Offers received electronically, by fax or email will not be accepted.
8 Offers must be submitted in accordance with the above instructions and failure to do so will result in offers not being accepted.
9 The Council does not bind itself to accept the highest or any offer.
10 Prior to submitting an offer you are strongly recommended to take appropriate professional advice.