Prominent Retail Unit
The subject property is located on the west side of Lothian Road bounded by the junctions of Bread Street to the north and Fountainbridge to the south. Lothian Road acts as a principal thoroughfare which connects Edinburgh City Centre to the south, whilst directly linking Edinburgh’s premium retail destination of Princes Street. The property benefits from an extensively glazed frontage, together with double recessed pedestrian doors. Surrounding occupiers include Sainsbury’s, Subway, Superdrug and Greggs.
The premises are arranged over ground floor and comprise the following approximate net internal area:
Ground Floor: 958 sq ft / 89 sq m
The premises are currently held on an FRI lease expiring 28/04/2026 with an upcoming rent review on 29/04/2021.
Rateable value: £19,800
UBR (2020/21): £0.498
Rates payable: £9,860 pa
The property benefits from Class 2 consent. EPC available on request
Each party to bear their own legal costs incurred in this transaction however the ingoing tenant will be responsible for any stamp duty/ land tax, registration dues and VAT incurred therein.
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.