6, Picardy Place, Edinburgh, EH1 3JT

Location

The subjects occupy a prominent position on Picardy Place within Edinburgh-s vibrant East End. The immediate vicinity has benefitted from significant development in recent years with the addition of St James- Quarter shopping centre which boasts a variety of high quality bars, restaurants and retailers as well as The Omni Centre which offers a further mix of leisure & retail experiences. The extension of Edinburghs Tram Service has connected York Place with Leith Walk, further improving the location-s accessibility. The recent investment within the vicinity makes the area arguably Edinburghs most sought-after mix-use neighbourhood. Commercial occupiers sharing the parade include Tesco Express, Neilsons Solicitors & Estate Agents, & The Holiday Inn Express.

Description

The subjects comprise a restricted Class 3 premises arranged over the ground & basement floors of an attractive Category B listed three-storey plus basement & attic mid terraced tenement with a single storey projection onto Picardy Place. The ground floor benefits from a double windowed frontage with spacious open plan retail/office accommodation to the front of the property. To the rear of the ground floor are a variety of staff & storage rooms as well as W.C. facilities. The basement contains a garage suitable for up to three cars which is externally accessed via Broughton Street Lane. The basement can also be accessed internally from a stairwell connecting the ground and basement floors.

Lease terms

The subjects are being offered on a full repairing and insuring basis for a term to be agreed incorporating regular rent reviews at offers over £80,000 per annum.