TO LET / MAY SELL
14 Frederick Street
Edinburgh
EH2 2HB

Business Space - To Let / May Sell

Total NIA: 2,013 sq ft
Rent: Offers Over £40,000 pa / Sale Price: Offers over £375,000
Location

The premises are located on the west side of Frederick Street between Princes Street and George Street, occupying a prestigious location within Edinburgh’s central business district, known as “The Golden Rectangle”. The property lies in close proximity to Waverley Railway Station, St Andrew Square Bus Station and the Edinburgh Tram, with tram stops located on Princes Street and St Andrew Square. In addition to being served by these excellent transport links, 14 Frederick Street is surrounded by popular cafes, restaurants, bars and shops. Nearby occupiers include The North Face, Five Guys, Barbour and Schuh.

Description / Accommodation

The self-contained accommodation forms part of a traditional mixed use tenement building with retail on the ground floor and offices and residential on the upper floors. The office accommodation is arranged over the 2nd, 3rd and 4th floor levels, providing cellular office accommodation, benefitting from original features and well proportioned rooms.  The traditional timber sash and case windows provide fantastic levels of natural light. The premises are arranged over second, third and fourth floor levels and comprise the following approximate net internal areas:
Second Floor: 966 sq ft / 89.7 sqm
Third Floor: 764 sq ft / 71 sqm
Fourth Floor: 283 sq ft / 26.3 sqm
Total: 2,013 sq ft / 187 sqm

Sale Price / May Let

Rent: Offers over £40,000 pa are invited.  Offers for a sale of over £375,000 are invited.

Rates

Rateable Value: £18,800
UBR (2024/25): £0.498
Rates Payable: £9,363 pa

Planning

The premises currently benefit from having Class 4 Consent under the Town & Country Planning (Use Classes)(Scotland) Order 1997.

VAT / EPC

Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.  The premises have an EPC rating of F.

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.

TO LET / MAY SELL

14 Frederick Street
Edinburgh
EH2 2HB
Viewing strictly by appointment through ORINSEN

Anna Hansen
T. 0131 374 1111
M. 07717 411 668
E. ahansen@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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