Overview

PRIME RETAIL PREMISES

The premises comprise a double fronted retail unit arranged over the ground and basement of a stone built building. The estimated net internal areas are as follows: Rent Rental offers in excess of £215,000 per annum exclusive are invited on a new lease basis. Lease Terms The premises are available on the basis of a new full repairing and insuring lease for a minimum term of 10 years 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 £114,500.00 and the rates payable are £57,937.00 pa. The UBR for 2018/2019 is 50.60p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

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 busy location towards the west end of Princes Street towards the office district of the city. Nearby occupiers include Pret, McDonalds, Urban Outfitters, Waterstones, Sports Direct, RBS and opposite the Waldorf Astoria Caledonian Hotel.

Sizes and Measurements

Total Size

3,484sqft

Sales Area

1,555sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,555sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

1,929sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Rent Review Cycle

5

Lease type

Assignment

For rent

£215,000/pa

UBR

50.6p

Rateable Value

£114,500.00

Business Rates

£57,937/pa

Specification

  • Princes Street forms Edinburgh’s prime pitch
  • Significant tourist industry all year-round
  • Benefits from Class 2 planning consent
  • Ground Floor and Basement only
  • Close to the city’s Financial District

Floorplan

EDINBURGH PRINCES STREET 136.GOAD

Photos

EDINBURGH 136 PRINCES STREET.PIC

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