Rarely available premises to let
Close to Edinburgh University
Suitable for a variety of uses & subdivision
Edinburgh, a UNESCO World Heritage Site and Scotland’s capital city. The subjects are prominently located within the heart of Marchmont, an affluent area of Edinburgh circa 1 mile to the south of Princes Street.
The property, which is in excellent order, comprises the ground floor retail unit within a traditional stone built property.
The premises have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and the net internal area (NIA) extends to 4,025 sq ft / 374 sqm.
A quoting rent of £80,000 pa exclusive of VAT is sought.
Available on a long term FRI lease.
Rateable Value: £47,900
UBR (2020/21): 49.8p
Rates Payable: £23,854 pa
Tenant responsible for service charge on the unit. Details upon request.
This property has a EPC rating of C.
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.