Prime Retail Premises
The premises comprise a double windowed retail unit arranged over ground and basement floors of a stone built building under a pitched and slated roof. The estimated net internal areas are as follows:- Ground Floor 95.87 sq m 1,032 sq ft Basement 73.39 sq m 879 sq ft Rent Rental offers in excess of £215,000 per annum exclusive are invited on a new lease. Terms The premises are available on the basis of a new full repairing and insuring lease for a minimum term of 10 years without breaks, subject to 5 yearly upward only rent reviews, and subject to obtaining vacant possession. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £158,250.00 and the rates payable are £77,859.00 pa. The UBR for 2017/2018 is 49.2p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
Edinburgh is the capital city and historic, administrative and financial capital of Scotland as well as being home of the Scottish Parliament. The city has a resident population of over 450,000 people. The premises are situated in a 100% prime location in a central position on Princes Street, bounded by Hanover Street to the west and South St David's Street to the east. Nearby occupiers include Ernest Jones, Skechers, H&M, GAP, Office Shoes, Fraser Hart, Dr Martens, Jenners Department Store and M&S.