3A Montgomery Street Lane, Edinburgh, EH7 5JT

0 bedroom Commercial Property

Under Offer
Fixed Price £300,000
    • 0
    • 2
    • 1
    • No Garden
    • On-street

    About the property

    Ground and first floor mid-terraced mews conversion which has scope to be converted into a residential dwelling or short term / holiday rental, subject to planning approval. It is anticipated that it would therefore suit property developers and investors, given the superb City Centre locale, just minutes from the Playhouse and New St James Quarter.

    The accommodation comprises:

    • Timber framed and glazed frontage with Stable doors lead into the welcoming reception area with imposing sandstone flooring and kitchenette

    • The kitchen area is fitted with wall and base mounted beech style units with matching countertops with inset stainless steel sink

    • Office / treatment room with wash basin, window and engineered maple flooring

    • Downstairs WC with scope to be converted into a shower room and fitted with a wash basin, fully tiled walls and sandstone flooring

    • Upstairs on the first floor level it is currently setup as a studio with multiple skylights and Velux windows creating a wonderful bright open space; it has maple engineered wood flooring with under floor heating

    Extras

    The fixed floor coverings, fixtures and fittings are included in the sale. Other items are available by separate negotiation.

    VAT

    All prices quoted are exclusive of VAT which may be chargeable.

    Net Internal Floor Area

    The property has been surveyed and measured as 56.66sqm (610sqft).

    Rateable Value

    According to the Scottish Assessors Association website, the property has a current rateable value of £4,500 per annum. Any potential occupier could therefore benefit from 100% rates relief in line with the Scottish Small Business Bonus Scheme.

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