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Assignment Highlights
- The subjects are located on the east side of St Leonards Street
- St Leonards Street is well-established as a busy commercial corridor
- The area benefits from strong pedestrian and vehicular flow
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 291 SF | Sep 2039 | $67.04 /SF/YR $5.59 /SF/MO $19,508 /YR $1,626 /MO | TBD |
Ground
The premises are offered as a lease disposal/assignment of an existing supermarket business. A premium of £38,000 is sought for the fully fitted nature of the unit, existing goodwill and fixtures/fittings.
- Use Class: Class 1A
- Assignment space available from current tenant
- Fully Built-Out as a Convenience Store
- Located in-line with other retail
- Demised WC facilities
- Open plan
- Open plan
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.
Select Tenants at 53 St Leonards St, Edinburgh, EDH EH8 9QN
- Tenant
- Description
- UK Locations
- Reach
- Ben's Newsagent
- -
- 1
- -
| Tenant | Description | UK Locations | Reach |
| Ben's Newsagent | - | 1 | - |
Property Facts
| Total Space Available | 291 SF | Gross Leasable Area | 3,137 SF |
| Property Type | Retail | Year Built | 1927 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 291 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,137 SF |
| Year Built | 1927 |
About the Property
TO LET / LEASE ASSIGNMENT Established Fully Fitted Asian Supermarket Opportunity 53 St Leonards Street, Edinburgh, EH8 9QN Prime Retail Opportunity in Edinburgh's Vibrant Southside An exceptional opportunity to acquire a fully fitted and established Asian supermarket in one of Edinburgh's most densely populated and vibrant retail districts. Located on the busy St Leonards Street corridor, the property benefits from strong daily footfall generated by the nearby University of Edinburgh, surrounding residential communities, Holyrood, Newington and the Pleasance. The area is home to a diverse mix of retailers, restaurants, cafés and convenience operators, creating a thriving trading environment. The premises are available through lease assignment and provide a rare turnkey opportunity for an operator seeking immediate occupation with minimal capital expenditure. Property Highlights * Established Asian supermarket trading location * Fully fitted and ready for immediate occupation * Attractive passing rent of only £14,500 per annum * Long, secure lease with approximately 13.5 years unexpired * Prominent glazed frontage offering excellent visibility * Existing fixtures and fittings included * Refrigeration, shelving, racking and counters in situ * Basement storage and ancillary accommodation * Stock available by separate negotiation at cost * Suitable for Asian grocery, international food retail, convenience retail, specialist food sales and other Class 1A retail uses (subject to consent where required) Description The subjects comprise a well-presented retail unit arranged over ground floor and basement levels within a traditional Edinburgh tenement building. The ground floor provides an open-plan retail sales area fitted to a high operational standard with extensive shelving, display units, service counters and refrigeration. The basement offers substantial storage accommodation together with ancillary staff and operational space. The existing fit-out allows an incoming occupier to commence trading immediately, significantly reducing set-up costs and lead-in times. Accommodation | Floor | Sq M | Sq Ft | | Ground Floor | 27 | 291 | | Basement | 53 | 570 | | Total 80 86 Lease & Premium The premises are available by way of lease assignment. Passing Rent: £14,500 per annum Approximately 13.5 years remaining Premium sought: £38,000 The premium reflects the benefit of the extensive fit-out, fixtures and fittings, established trading setup, and immediate operational capability. Business Rates Rateable Value: £7,900 (effective from 1 April 2026). Qualifying occupiers may benefit from up to 100% rates relief through the Small Business Bonus Scheme, subject to eligibility. Services The property benefits from mains electricity and water supplies. Existing supermarket infrastructure may include additional power capacity suitable for refrigeration and retail operations. EPC Available upon request. Entry Immediate entry may be available, subject to legal formalities. Viewing & Further Information Viewing is strictly by appointment through the sole letting agents. Key improvements: * Focuses on the unusually low rent and long lease term. * Sells the "ready-to-trade" aspect rather than simply describing the fit-out. * Creates urgency by positioning it as a rare opportunity. * Broadens appeal beyond only Chinese supermarket operators. * Presents the premium as an investment in operational readiness rather than a cost.
- Security System
- Automatic Blinds
- Storage Space
Presented by
53 St Leonards St
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