The subjects provide an attractive double windowed lock up shop unit arranged over the ground floor and basement floors of a 3 storey mid terraced stone built property.
The well established Mancinis hairdressers has 6 working chairs, a reception, a nail bar and a waiting room at ground floor level, whilst the basement comprises a large store and WC.
We have calculated the reduced floor area of the subjects to extend to approximately 92.06m2 (991 ft2) or thereby.
Location
Edinburgh is Scotland’s capital city and the location of the Scottish Parliament situated on the banks of the Firth of Forth within Midlothian, located approximately 60 miles to the south of Dundee and approximately 40 miles to the east of Glasgow with a resident population of approximately 500,000. Edinburgh is a well established tourist destination and established financial centre.
The salon is situated on the north side of Portobello High Street, just to the west of the junction with Pitville Street within a well established, retail pitch.
Occupiers in close proximity include a mixture of local traders, these include a Chinese takeaway, a chemist, an interiors designers and a small convenience store.
Accommodation
Floor | Accommodation | Floor Area |
Ground | Front shop | 47.30m² | (509ft²) |
Basement | Stores | 42.97m² | (463ft²) |
| Poor store | 1.79m² | (19ft²) |
Total | | 92.06m² | (991ft²) |
Terms
PRICE
Offers in the region of £XXX are sought producing a Net Initial Yield of 7.0% after costs.
CURRENT LEASE TERMS/PRICE:
Tenant – Mr Anthony Mancini
Lease Expiry – 28th February 2022
Rent Review – 1st March 2018
Passing Rent - £XXX per annum
Break Options - None
Full Repairing and Insuring terms