TO LET
137 - 141 High Street
Edinburgh
EH1 1SJ

Prime Retail Unit located on
Edinburgh's famous High Street
High pedestrian footfall

Ground Floor: 1,301 sq ft
Rent: Offers in the region of £130,000 pa
Location

The High Street, often referred to as the Royal Mile, is Edinburgh’s most famous street. It runs between Edinburgh Castle and Holyroodhouse. Edinburgh Castle is Scotland’s most visited paid for attraction with over 2.1 million visitors per annum. The subject property occupies a highly prominent position in the High Street with nearby occupiers including Byron Burger, Edinburgh Fudge Kitchen, Bella Italia, Boots, Pret a Manger as well as a number of strong local independent retailers and restaurateurs.

Accommodation

The premises are arranged over ground floor and basement levels comprising the following approximate net areas:
Ground Floor: 1,301 sq ft / 121 sqm
Basement: 1,265 sq ft / 117.52 sqm

Lease

The premises are available by way of a new FRI lease.

Rent

Rental offers in the region of £130,000 pa sought.

Entry

Any new lease deal will be subject to our clients obtaining vacant possession from Edinburgh Woollen Mill’s administrators.

Rates

Rateable Value: £65,400
UBR (2021/22): £0.503
Rates Payable: £32,897 pa
Interested parties should make their own representation to the local Assessor’s Department to verify the above figures.

Planning / EPC

The premises benefit from having Class 1 consent.  An 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.

TO LET

137 - 141 High Street
Edinburgh
EH1 1SJ
Viewing strictly by appointment through ORINSEN.

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

Anna Hansen
T.  0131 374 1114
M. 07717 411 668
E. [email protected]orinsen.com

Published:  January 2021

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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