TO LET
7 High Street
Edinburgh
EH1 1SR

Prime Retail Unit To Let
Located on The Royal Mile

Ground Floor: 620 sq ft
Rent: Offers in excess of £50,000 pa
Location

The property is situated in the High Street of Edinburgh’s historic Old Town which forms part of the Royal Mile, the city’s premier tourist district leading from Edinburgh Castle to Holyrood Palace ensuring strong levels of footfall throughout the year. The “Mile” houses a wide variety of national and independent occupiers including House of Cashmere, Elgin Cashmere, Neon Sheep, Cafe Edinburgh and Royal Mile Gift Shop as well as a number of cafe, tourist and leisure uses in the immediate vicinity.

Accommodation

The subjects are arranged over ground and basement levels extending to the following approximate net internal areas:
Ground Floor: 620 sq ft / 57.58 sqm
Basement: 700 sq ft / 65.03 sqm

Lease

New Full Repairing and Insuring Lease available for a period to be agreed, subject to a minimum of 5 years.

Rent

Rental offers in excess of £50,000 pa exclusive of VAT are invited.

Rates

Rateable Value: £35,900
UBR (2021/22):  £0.49
Rates Payable:  £17,591 pa

Planning / EPC

The property benefits from having Class 1 consent.  EPC report available on request.

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.

Anti-Money Laundering

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.

TO LET

7 High Street
Edinburgh
EH1 1SR
Viewing strictly by appointment through ORINSEN

Andy Bain
T. 0131 374 1117
M. 07770 524 977
E. abain@orinsen.com

Charlotte Young
T. 0131 374 1118
M. 07825 167 883
E. cyoung@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.

Published 30.09.20

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