The premises comprise two self contained office suites that will be refurbished to a high standard.
Location
Rose Street North Lane is located in the heart of Edinburgh and is situated to the north of Princes Street. The property is situated between Castle Street and Frederick Street and is accessed via Rose Street Lane. The subjects are well served by public transport and lie in close proximity to Waverley Train Station and Edinburgh’s main bus station at St Andrew Square. The prime retail pitches of Princes Street and George Street lie nearby and there are numerous quality bars, restaurants and hotels within easy walking distance.
Accommodation
The accommodation has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and the following approximate Net Internal Areas have been calculated:
Third & Fourth Floors are now available.
Second Floor: 498 sq ft
First Floor: 532 sq ft
TOTAL: 1,030 sq ft
Terms
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in any transaction with the ingoing tenant being responsible for the payment of Land and Buildings Transaction Tax, Registration Dues and VAT incurred thereon.
BUSINESS RATES
FIRST & SECOND FLOOR: £XXX
If let on a floor by floor basis, the property will require to be reassessed for business rates.
From 1 April 2010 levels of rates relief under the Small Business Scheme have been set at 100% for eligible properties with a combined Rateable Value (RV) of up to £XXX 50% for those with a combined RV between £XXX and £XXX and 25% for those with a combined RV between £XXX and £XXX
The Scottish Assessor’s Association has set the poundage rate for 2016/2017 at XXX for properties with a rateable value less than £XXX and XXX for properties with a rateable value greater than £XXX Further information is available at www.saa.gov.uk
VAT
All figures are exclusive of VAT which will be payable.
TERMS
The subjects are available either as a whole or on a floor by floor basis for a period to be agreed. Further details are available from the joint agents.
ENTRY
Entry will be upon conclusion of formal legal missives.
ENERGY PERFORMANCE CERTIFICATE
The first floor office suite has an energy performance rating of G.
The second floor office has an energy performance rating of G.
Specification
- Carpet covered floors
- Painted plastered walls and ceilings
- Power and data points via wall mounted sockets
- Tea preparation facilities
- WC facilities
- Door entry system