TO LET
104-106 Princes Street
Edinburgh
EH2 3AA

Fully Fitted Unit
Flagship Store
Alternative Uses Available

NIA: 25,079 sq ft
Rent: On Application
Location

Edinburgh, Scotland’s capital city has a resident population of 495,000 people and is one of the strongest retailing centres in the UK. Princes Street is Edinburgh’s prime retailing thoroughfare. Nearby occupiers include River Island, Levis, Next, Hotter, Urban Outfitters and Boots.

Accommodation

The subject property is arranged over basement, ground and levels 1-6.  We calculate the unit extends to the following approximate net internal areas:

Basement:  6,260 sq ft / 619.6 sqm
First:  6,202 sq ft  / 576.2 sqm
Second: 3,171 sq ft / 294.6 sqm
Third: 2,777 sq ft / 258.0 sqm
TOTAL:  25,079 sq ft

Additional accommodation on the 4th, 5th and 6th floors.

Rent

On application.

Lease

The premises are held on an FRI lease due to expire 09/11/2024.  The premises are available by way of a sublease/assignation.  There may be an opportunity to look at a new lease with the landlord.

Rates

Rateable Value: £582,000
UBR (2020/21): £0.524
Rates Payable: £304,968 pa

EPC

To be assessed.

Planning

The premises benefit from having Class 1 retail consent.

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for LBTT, registration dues and any VAT payable thereon.

TO LET

104-106 Princes Street
Edinburgh
EH2 3AA
Viewing strictly by appointment with ORINSEN

Andy Bain

T. 0131 374 1117
M. 07770 524 977
E. [email protected]orinsen.com

Important Notice

ORINSEN, their clients and any joint agents give notice that:

They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.  They assume no responsibility for any statement that may be made in these particulars.  These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

Any areas, measurements or distances are approximate.  The text, photographs and plans are for guidance only and are not necessarily comprehensive.  It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities. 

Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

Published 30.09.20

© Orinsen 2020 All Rights Reserved Registered in Scotland No. SC647800   t+cs   data policy

Website by Vipond Philip