Retail Unit to Let
Lease For Sale
Haymarket Terrace forms part of the main arterial route connecting the West End of Edinburgh to the City Centre. The subjects are situated on a popular retail pitch on the south side of Haymarket Terrace. The property is located close to Haymarket Station, the Haymarket tram stop and the new Haymarket development with the first building to complete in August 2022. Nearby occupiers include Tesco Express, Thrifty Car and Van rental, various independent retailers, guest houses and offices.
The premises are arranged over ground and basement levels and comprise the following approximate net internal areas:
Ground Floor: 505 sq ft / 46.93 sqm
Basement: 1,078 sq ft / 100 sqm
The premises are currently held on a Full Repairing and Insuring Lease expiring 18 March 2028 at a passing rent of £25,000 pa.
Rental offers of £25,000 pa exclusive of VAT are invited.
Rateable Value: £8,200
The premises qualify for 100% Business Rates Relief (no rates payable) under the Small Business Bonus Scheme. Each interested party should satisfy themselves on the rates relief with the appropriate authority.
The premises benefit from having Class 2 consent. This property has an EPC rating of D.
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 purchaser/tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time
LEASE FOR SALE
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.