Corner Retail Unit To Let
The subjects occupy a prominent position on the corner of Queensferry Street and Alva Street in Edinburgh’s city centre. It is close to the junction of some of Edinburgh’s busiest arterial routes. The property is well served by public transport and benefits from the nearby tram stop on Shandwick Place which has direct access to and from Edinburgh Airport. Queensferry Street is located near both of Edinburgh’s major railway stations. There are a wide range of local and national operators including Zizzi, Pizza Express, Indigo Yard, Oddbins, Rendezvous, Forage & Chatter and Dulse.
The premises are arranged over ground and basement levels with the following approximate net internal areas:
Ground Floor: 647 sq ft / 60.11 sqm
Basement: 270 sq ft / 25.08 sqm
Total: 917 sq ft / 85.19 sqm
The premises are available by way of a new FRI lease.
Offers over £27,500 pa exclusive of VAT are invited.
Rateable Value: £30,200
UBR (2022/23): £0.498
Rates Payable: £15,039 pa
The property benefits from having Class 1 consent. This property has an EPC rating of G.
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.
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.
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.