LEASE AVAILABLE PRIVATE & CONFIDENTIAL
111A Broughton Street
Edinburgh
EH1 3RZ

Prominent Retail Unit
Lease Available

Ground Floor: 396 sq ft
Passing Rent: £12,825 pa
Location

Broughton Street is a busy vehicular route located towards the east end of Edinburgh City Centre, in close proximity to the St James Quarter. The subjects are situated on the east side of Broughton Street near the roundabout connecting East London Street, London Street and Mansfield Place. Nearby occupiers include Broughton Pharmacy, Pickles Wine Bar, The Ox and East Side Yoga.

Accommodation

The premises are arranged over ground and basement levels and comprise the following approximate net internal areas:
Ground Floor: 396 sq ft / 36.80 sqm
Basement: 426 sq ft / 39.59 sqm

Lease

The premises are held on an FRI lease expiring 1st September 2028, with fixed rent review uplifts to £13,950 pa on 1st September 2024 and to £15,325 pa on 1st September 2026.

Rent

The current passing rent is £12,825 pa.

Rates

Rateable Value: £9,200
The premises qualify for 100% Business Rates Relief (no rates payable) under the Small Business Bonus Scheme. Each interested party should satisfy themselves on the rates relief with the appropriate authority.

Planning / EPC

The premises currently benefit from Class 1A Consent under the Town & Country Planning (Use Classes)(Scotland) Order 1997.  EPC Report is available on request.

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 Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.

Anti-Money Laundering Regulations

In order to comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time.

LEASE AVAILABLE PRIVATE & CONFIDENTIAL

111A Broughton Street
Edinburgh
EH1 3RZ
Viewing strictly by appointment through ORINSEN

Tom Forster
T. 0131 374 1111
M. 07919 920 126
E. tforster@orinsen.com

Joe Stephenson
T. 0131 374 1111
M. 07580 519 431
E. joe@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

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