TO LET
72 Princes Street
Edinburgh
EH2 2DF

100% Prime Retail Unit To Let
Modern frontage

Ground Floor: 1,550 sq ft
Rent: Offers over £180,000 pa
Location

The subjects are situated in the east end of Princes Street, Edinburgh’s principal retail thoroughfare occupying a 100% prime position bounded by Hanover Street to the west and South St David Street to the east.  This busy thoroughfare benefits from excellent transport links with nearby tram stops and a number of bus stops on the block.  The subjects are less than a 5 minute walk from Edinburgh St James Quarter and Multrees Walk and close to the Waverley Market Shopping Centre.  Nearby occupiers include Dr Martens, Fraser Hart, Office Shoes and M&S.

Accommodation

The premises are arranged over ground floor only and comprise the following approximate net internal area:
Ground Floor: 1,550 sq ft / 143.99 sqm

Lease

The premises are available by way of a new FRI Lease for a term to be agreed.

Rent

Offers over £180,000 pa exclusive of VAT are invited.

Rates

Rateable Value: £123,250
UBR (2023/24): £0.524
Rates Payable:  £64,583 pa

Planning / EPC

The premises benefit from having Class 1A consent.  An EPC report is 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 Regulations

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

72 Princes Street
Edinburgh
EH2 2DF
Viewing strictly by appointment with ORINSEN or our joint agents Four & Co

Andy Bain
T. 0131 374 1111
M. 07770 524 977
E. abain@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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