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38-40 Clerk St
710 SF of Retail Space Available in Edinburgh EH8 9HX
Highlights
- Situated on the main arterial road into Edinburgh
- Premises is directly opposite the old ODEON cinema
- Surrounding area is densely populated with a large student population
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 710 SF | 10 Years | $105.00 /SF/YR $8.75 /SF/MO $74,551 /YR $6,213 /MO | Fully Repairing & Insuring |
Ground
This premises is a double class 3 unit and has recently been used as a Thai restaurant for a good number of years. Internally the unit has been renovated to a clean turn key condition restaurant, the front seating/dining area stretches all the way from left to right connecting the space (approximately forty covers), the kitchen is located to the rear left hand side and is an open style kitchen, fully fitted to suit a variety of cuisines, there is a bar/tea/juice preparation area to the rear right hand side which is also fully fitted. The WC is located near the middle-left side of the unit. The basement is entered via a door to the rear right with a stairway leading to a staff WC and then lots of storage space, the space is equipped with lots of fridges and freezer as well as the CCTV. There is ample room for storing lots more stuff, there are rice cooker and other equipment there that would suit some Asian cuisines. The rent for this property is £5,000 per month on full repairing and insuring terms and conditions for a period of ten years straight. No rent reviews and no premium required. The lease must be guaranteed by a suitable person. Externally the unit has two large windows as well as two doors, excellent signage space above with a lightbox ready for a new company sign and has removable bespoke tables that can be easily removed and fitted for another six covers.
- Use Class: Class 3
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- CLASS 3 RESTAURANT
- 10-year lease available
- No rent reviews or premium
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 38-40 Clerk St , Edinburgh, EDH EH8 9HX
| Property Type | Retail | Gross Leasable Area | 1,798 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1930 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,798 SF |
| Year Built | 1930 |
About the Property
The unit is located on Clerk Street, which is in the popular Newington area of Edinburgh, just a mile from the City Centre. Clerk Street forms part of the main arterial road into Edinburgh from the south leading onto the Bridges and subsequently Princes Street. The surrounding area is densely populated with a large student population due to the various Edinburgh University Campuses. The premises is directly opposite the old ODEON cinema that is due to be refurbished soon. The property is situated in a parade of similar styled retail units with three storeys of residential properties located above. Other retailers close by include Yifang Taiwan Fruit Tea, Armstrong’s vintage clothing and Marmaris Kebab House, as well as a wide selection of local artisan retailers, delicatessens, bars, restaurants, cafés and services.
- 24 Hour Access
- Security System
- Automatic Blinds
- Storage Space
Nearby Major Retailers
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38-40 Clerk St
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