Overview

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 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 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.

Sizes and Measurements

Total Size

1,911sqft

Sales Area

1,032sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,032sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

879sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

New

For rent

Price On Application

UBR

50.6p

Ratable Value

£158,250.00

Business Rates

£80,074.50/pa

Photos

3STORE

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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