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What type of commercial lease should I consider when renting a shop in Edinburgh?

Consider the different types of commercial leases available, such as a Full Repairing and Insuring (FRI) lease where you are responsible for repairs and insurance, or an internal repairing lease where the landlord covers structural repairs. Understand the implications of each before committing.

What should I check regarding planning permission and permitted use for the shop unit?

Verify that the shop unit has the appropriate planning permission for your intended business use. Contact the Edinburgh City Council planning department to confirm that your business activities are permitted under the current zoning regulations. Failure to do so could result in enforcement action.

What are the key considerations for business rates when renting a shop in Edinburgh?

Business rates are a significant expense. Check the rateable value of the property with the Scottish Assessors Association and estimate your annual business rates liability. You may be eligible for small business rates relief, so investigate this possibility with the local council.

What safety regulations and accessibility requirements should I be aware of for a commercial property?

Ensure the property meets all relevant fire safety regulations, including fire alarms, extinguishers, and emergency exits. Consider accessibility for customers and employees with disabilities, complying with the Equality Act 2010. A Disability Access Audit may be beneficial.

What due diligence should I undertake before signing a lease for a shop in Edinburgh?

Before signing any lease, instruct a solicitor to review the lease agreement thoroughly. They can identify any potential issues or onerous clauses. Also, consider commissioning a building survey to assess the property's condition and identify any necessary repairs.