Commercial property for sale in Edinburgh

DescriptionLarge commercial unit situated on Gorgie Road, Edinburgh. The property provides flexibility for a range of uses, currently fitted out to accommodate a Gym business however, it could be easily remodelled to host businesses from sectors across retail, hospitality, light industrial or office use (STPP). Benefitting from excellent visibility and access from Gorgie Road, the property is ideal for businesses seeking a large, adaptable space in a prime Edinburgh location. LocationEdinburgh is the capital city of Scotland, located in southeast Scotland and is bounded to the north by the Firth of Forth and to the south by the Pentland Hills. Edinburgh has a population of c.515,000. Gorgie Road is an arterial route connecting road users from the west of the country (M8 motorway, Edinburgh bypass) with the city centre. The department for transport estimates daily traffic flow at above 20,000 motor vehicles. There is large student accommodation directly adjacent, with surrounding areas a strong mix of residential housing and commercial businesses. Edinburgh benefits from excellent transport links with the Waverley Train Station, the Tram Network, Edinburgh Airport and major road routes, providing seamless connectivity to the rest of the UK and beyond. Internal DetailsThe Scottish Assessors website gives internal sizes of: Ground Floor Space 7,845sq.ft (729sq.m) Basement 4,446sq.ft (413sq.m) The internal space could be re-configured for two or three smaller units all sharing the bathroom and shower facilities. External DetailsPlease note, the unit does not include parking, though there is scope to develop the building to add spaces if required. There is a public loading space on the main road for deliveries vehicles directly outside the building with another on opposite side of road. The OpportunityAn outstanding opportunity to acquire a large, versatile commercial unit in a highly visible and sought-after location on Gorgie Road, one of Edinburgh’s busiest thoroughfares. The property boasts an impressive 7,845sq. ft (729sq.m) of ground floor space with the added potential of a 4,446sq. ft (413sq m) basement making it ideal for a wide range of business uses (measurements from Scottish Assessors website). The unit is presented to a high standard throughout, featuring air conditioning, modern bathroom and shower facilities, and well-maintained interiors, ready for immediate occupancy. With its sizeable floor area, the property offers excellent potential for subdivision, allowing a new tenant the potential to sublease part or all of the space and generate additional income. Situated in a high footfall area with excellent public transport links, the property provides opportunity to establish or expand a business in a prime Edinburgh location. Planning PermissionsThere was planning application to install car parking to the left hand side of the building which has now lapsed but plans are available for review. TenancyOffered to market as new long term lease, rent subject to negotiation. Business RatesThe current Rateable Value as of 1 April 2023 is £72,000. This is subject to status and all interested parties are advised to check with the relevant Local Authority. Energy Performance Certificates EPC 1

Commercial property for sale in Edinburgh, Scotland

Retail property (high street) for sale

Description

Need Broker Assistance?