Overview

To Let

The premises comprise a modern fronted retail unit arranged over the ground and basement floors of a larger stone built building. Legal Costs Each party will be responsible for their own legal costs incurred relating to this transaction. Subject to contract. 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 10 or 15 year full repairing and insuring lease, subject to 5 yearly upward only rent reviews, and subject to securing vacant possession. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £131,500.00 and the rates payable are £67,854.00 pa. The UBR for 2019/2020 is 51.60p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The premises are situated on the west side of Frederick Street, near its junction with Princes Street. Nearby occupiers include The North Face, L’Occitane, Barbour, Size?, Hotel Chocolate, Radley, Primark, Cath Kidston, Caffe Nero, Boots, Zara, Schuh and Five Guys.

Sizes and Measurements

Total Size

2,823sqft

Sales Area

1,909sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,909sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

914sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£150,000/pa

UBR

51.6p

Rateable Value

£131,500.00

Business Rates

£67,854/pa

Specification

  • • Ground and Basement only
  • • Situated near junction with Princes Street
  • • Heart of the city centre
  • • Excellent surrounding occupiers
  • • Well configured shop with modern frontage

Floorplan

10 FREDERICK

Photos

10 FREDERICK EDINBURGH

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