Commercial property for sale in Fowler Terrace, Polwarth, Edinburgh EH11

For sale



office/retail

17 Fowler Terrace, Edinburgh, EH11 1DB

Location

Fowler Terrace is located just off Dundee Street (A70) in the Polwarth area of Edinburgh approximately 0.5 miles west of the city centre. The area is very popular with students and young professionals but there is also a strong business presence with a variety of shops and offices nearby including the ‘One Sixty’ office development and Sainsbury’s Local.

This opportunity is also close to Napier University halls of residence opposite Fountain Park, ‘Novel’ Student housing, ‘iq’ Student housing, and ‘Unite Students’ Student housing and a short walk from the new Boroughmuir High School.

Description

The subjects comprise a Class 2 unit configured over ground and basement forming part of a traditional Edinburgh tenement under a pitched slate roof. Externally the front is well presented and tastefully decorated.

Internally the ground level is an open plan office capable of seating 5 people with a large room or storage facilities in the basement, there are two other small private rooms as well as a larger private boardroom to the rear with a back door leading to the garden. Other features include Cat 5 cabling throughout, recessed down lighters, three toilets including one dda Compliant and another that also has a shower, and there is a small kitchen which is ideal for staff.

The unit is currently let out at £12,500 per annum more details available upon enquiry.

There could be scope to develop the property to a residential or holiday let in the future.

Accommodation

Total 98 m2 (1,055 sq ft)

Sale Price

Offer over £200,000

Rating

According to the Scottish Assessors Website () the subjects have a Rateable Value of £6,500. The uniform business rate for the current year is £0.49 pence in the pound

Services

The property has mains water, gas and electricity.

Energy Performance Certificate

The EPC rating is D

A copy of the EPC and recommendation report can be provided upon request.

Entry

Upon completion of a formal missive.

Legal Cost

Each party shall bear their own legal costs, but the eventual purchaser/tenant will be liable for any LBTT should it be applicable.

Viewing and Further Information

Through the sole letting agent Ime djk Group Ltd