10 South Clerk Street comprises a highly prominent ground and lower ground floor commercial premises occupying the corner of South Clerk Street and Hope Park Terrace. This property presents a number of traditional features which can be seen throughout this brochure. The property is suitable for a wide variety of uses and benefits from both a flexible open plan layout along with excellent natural daylight given the dual frontage. The basement floor provides additional office, storage and staff amenity space also benefiting from natural daylight which is further supplemented by spotlights throughout the suite.
( Agency Pilot Software ref: 12456 )
Location
The property is located in Edinburgh’s highly popular Newington district, approximately 1 mile south east of the city centre. Newington is a high value residential location characterised by traditional tenement buildings and is situated adjacent to the Meadows. Both Edinburgh’s core city centre and Old Town are within 10 minutes walk. The crossroads of South Clerk Street, Hope Park Terrace and Bernard Terrace is one of Edinburgh’s main thoroughfares leading from the south side to the city centre and is extremely busy in terms of both car and pedestrian footfall. Local amenities along South Clerk Street include a vibrant mix of a variety of shops, cafes and local attractions such as Sainsbury’s, Papa John’s Pizza, The Southern Bar, The Queen’s Hall and Summerhall.
Accommodation
The premises have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) to provide a Net Internal Area of 156 sq m (1,686 sq ft).
Terms
The property is available on a new Full Repairing and Insuring lease from March 2023 at a rent of £34,000 per annum. Further details on lease terms are available through the sole letting agents.
BUSINESS RATES The Rateable Value of the property from 1st April 2023 will be £19,000 which results in Rates Payable (2023/24) of £9,462.
ENERGY PERFORMANCE CERTIFICATE (EPC) Available upon request.
VAT Please note this property is not VAT registered.
LEGAL COSTS Each party will be responsible for their own legal costs in this transaction. In the normal manner, the ingoing tenant will be liable for any LBTT, registration dues and VAT thereon
Specification
- HIGHLY PROMINENT FRONTAGE
- SUITABLE FOR A VARIETY USES
- THIS PROPERTY IS NOT VAT REGISTERED