First floor retail units - To Let
Prime position on Edinburgh's famous Royal Mile
The property is situated on the North side of Edinburgh’s main tourist destination The Royal Mile. The property is located in a busy part of The Royal Mile beside John Knox House and within walking distance of Waverley train station. The premises are part of a traditional tenement building and the available space for Let is on the first floor, with an option to take either the front or the rear of the premises. The premises are currently occupied by Geoffrey (Tailor) Kiltmakers, the ground floor by Café Edinburgh and the basement by Monteiths. The second and third floors are offices which are also available to let and link into this property.
The subjects are available on a new FRI lease.
Rates will be assessed following a successful letting. We anticipate either option to below a rateable value of £15,000.
The premises occupy the first floor and there is the option to let either the front or rear part of the existing retailers shop which comprises the following approximate areas:
First Floor: Front Shop: 406 sq ft / 37.72 sqm; or
First Floor: Rear Shop: 791 sq ft / 73.51 sqm
£10,000 pa depending on space required.
EPC rating available on request.
The premises benefit from having Class 1 consent.
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.
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.