Prime Retail Unit
The subjects are located in the 100% prime section of North Bridge which provides an important pedestrian and vehicular access link between the Old Town and the New Town of Edinburgh. Nearby occupiers include Prezzo, Pizza Express, Patisserie Valerie, Pret A Manger, Boots the Chemist and the Hilton Carlton Hotel.
Further details on the rentals for the unit as it currently stands or in sub-divided form can be obtained by contacting the letting agents.
Rateable Value: £210,250
UBR (2020/21): £0.524
Rates Payable: £110,171 pa
The subjects have an EPC rating of D and benefit from Class 1 consent.
The subjects comprise the following approximate net internal areas:-
Ground Floor: 4,722 sq ft / 438.68 sqm
Basement: 4,983 sq ft / 462.93 sqm
There are plans to look at the potential subdivision of this space into two separate units comprising the following approximate net internal areas:
Ground Floor: 3,920 sq ft / 364 sqm
Basement: 3,616 sq ft / 336 sqm
Ground Floor: 1,001 sq ft / 93 sqm
Basement: 2,012 sq ft / 187 sqm
Each party will be responsible for their own legal costs incurred in this transaction.
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.