£14,500 pa
(£16.84/sq. ft. pa)
Property to letSt Leonards Street, Newington, Edinburgh EH8
861 sq. ft
Available immediately
Furnished
About this property
To let / lease disposal
Fully Fitted Chinese / Asian Supermarket
53 St Leonards Street, Edinburgh, EH8 9QN
Location
The subjects are located on the east side of St Leonards Street, within Edinburgh's Southside district, a vibrant mixed use area close to Holyrood, Newington, and the Pleasance. The area benefits from strong pedestrian and vehicular flow due to its proximity to the University of Edinburgh, surrounding residential neighbourhoods, and a variety of local retailers, cafes, takeaways, and service businesses.
St Leonards Street is well-established as a busy commercial corridor, hosting supermarkets, restaurants, and convenience-led operators. Notably, a supermarket business already operates from this address.
Description
The premises comprise a fully fitted Chinese/Asian supermarket arranged over the ground floor and basement of a traditional tenement building. The unit offers an excellent turnkey opportunity for operators in the Asian grocery, fresh produce, or specialty food sector.
Key features include:
Full-width glazed frontage providing strong visibility to the street
Existing supermarket fit out, including racking, counters, display shelving, and refrigerators/freezers
Spacious open plan sales area at ground level
Storage, office and/or staff area at basement level
Stock available at cost
This is an ideal opportunity for continued use as an Asian supermarket, world food store, convenience shop, or other Class 1A retail use.
Accommodation
Approximate Net Internal Areas
Floor Area (sq. M.) Area (sq. Ft.)
Ground Floor 27 291
Basement 53 570
Total 80 861
Rent / premium
The premises are offered as a lease disposal/assignment of an existing supermarket business.
Passing rent: £14,500 per annum by existing lease with 13.5 years remaining
A premium of £38,000 is sought for the fully fitted nature of the unit, existing goodwill and fixtures/fittings.
Rateable value
The Rateable Value will be £7,900 from the 1st of April 2026 and can be confirmed via the Scottish Assessors Association.
Eligible occupiers may qualify for Small Business Bonus Relief, subject to status.
Utilities
The property is connected to mains water and electricity. Additional services such as 3 phase power may be present depending on the existing supermarket fit out.
Energy performance certificate
An EPC is pending
Legal costs
Each party will bear their own legal costs. The ingoing tenant will be responsible for LBTT and registration dues.
Entry
Entry available by agreement following completion of legal formalities.
Viewing & further information
Viewing is strictly by appointment through the sole agents.
Fully Fitted Chinese / Asian Supermarket
53 St Leonards Street, Edinburgh, EH8 9QN
Location
The subjects are located on the east side of St Leonards Street, within Edinburgh's Southside district, a vibrant mixed use area close to Holyrood, Newington, and the Pleasance. The area benefits from strong pedestrian and vehicular flow due to its proximity to the University of Edinburgh, surrounding residential neighbourhoods, and a variety of local retailers, cafes, takeaways, and service businesses.
St Leonards Street is well-established as a busy commercial corridor, hosting supermarkets, restaurants, and convenience-led operators. Notably, a supermarket business already operates from this address.
Description
The premises comprise a fully fitted Chinese/Asian supermarket arranged over the ground floor and basement of a traditional tenement building. The unit offers an excellent turnkey opportunity for operators in the Asian grocery, fresh produce, or specialty food sector.
Key features include:
Full-width glazed frontage providing strong visibility to the street
Existing supermarket fit out, including racking, counters, display shelving, and refrigerators/freezers
Spacious open plan sales area at ground level
Storage, office and/or staff area at basement level
Stock available at cost
This is an ideal opportunity for continued use as an Asian supermarket, world food store, convenience shop, or other Class 1A retail use.
Accommodation
Approximate Net Internal Areas
Floor Area (sq. M.) Area (sq. Ft.)
Ground Floor 27 291
Basement 53 570
Total 80 861
Rent / premium
The premises are offered as a lease disposal/assignment of an existing supermarket business.
Passing rent: £14,500 per annum by existing lease with 13.5 years remaining
A premium of £38,000 is sought for the fully fitted nature of the unit, existing goodwill and fixtures/fittings.
Rateable value
The Rateable Value will be £7,900 from the 1st of April 2026 and can be confirmed via the Scottish Assessors Association.
Eligible occupiers may qualify for Small Business Bonus Relief, subject to status.
Utilities
The property is connected to mains water and electricity. Additional services such as 3 phase power may be present depending on the existing supermarket fit out.
Energy performance certificate
An EPC is pending
Legal costs
Each party will bear their own legal costs. The ingoing tenant will be responsible for LBTT and registration dues.
Entry
Entry available by agreement following completion of legal formalities.
Viewing & further information
Viewing is strictly by appointment through the sole agents.
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