Overview

To Let - 100% Prime Retail Premises - The Royal Mile

The premises comprise a single windowed retail unit arranged over the basement, ground and first floors of a larger stone built building. The net internal areas are estimated to be as follows: Ground Floor (including rear store)       1,313 sq ft Basement (accessed separately)                824 sq ft First Floor                                               320 sq ft Rent Rental offers in excess of £150,000 per annum exclusive of VAT and other occupational costs. Terms The premises are available on a new full repairing and insuring lease for a term to be agreed between the parties, subject to 5 yearly upward only rent reviews. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £50,300.00 and the rates payable are £24,647.00 pa. The UBR for 2019/2020 is 49.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
Less

Location Description

The premises are situated in the 100% prime section of The Royal Mile, the Old Town’s High Street on the south side of the street between Parliament Square and Hunter Square.   Nearby occupiers include Filling Station, Whisky Trail, Starbucks, Subway, Burgers & Beers, Caffe Nero, Real Mary Kings Close and Caffe Nero.

Sizes and Measurements

Total Size

2,137sqft

Sales Area

1,313sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,313sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

824sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

New

For rent

£150,000/pa

UBR

49p

Rateable Value

£50,300.00

Business Rates

£24,647/pa

Floorplan

GOAD

Photos

PICTURE1