TO LET
56 Shandwick Place
Edinburgh
EH2 4RT

Prime Retail Unit - To Let
Close to Princes Street

NIA: 2,157 sq ft
Rent: £80,000 pa
Location

The property occupies a prominent position on Shandwick Place, a continuation of the West End of Princes St. This busy thoroughfare benefits from excellent transport links including the Edinburgh tram system with numerous tram and bus stops nearby. The property has significant frontage on the North side of Shandwick Place. The premises are located close to the proposed Johnnie Walker Whisky Experience development and benefits from high pedestrian flow. Nearby retailers include Starbucks, Boots, Sainsbury’s, Savers and Holland & Barrett.

Accommodation

The subjects are arranged over ground floor and basement levels and comprise the following approximate net areas:
Ground Floor: 1,216 sq ft / 112.97 sqm
Basement: 941 sq ft / 87.42 sqm

Rent

Offers over £80,000 pa

Lease

The subjects are available on a new FRI lease.

Rates

Rateable Value: £47,500
UBR (2019/20): £0.49
Rates Payable: £23,275 pa

Planning

The premises have the benefit of a restricted Class 3 consent.

EPC

This property has an EPC rating of D.

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

56 Shandwick Place
Edinburgh
EH2 4RT
Viewing strictly by appointment with ORINSEN

Andy Bain

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

Charlotte Young

T. 0131 374 1118
M. 07825 167 883
E. [email protected]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.

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