Part of an award winning development and recently completed, the property provides 61.237 sq ft of Grade A office accommodation arranged over seven floors.
The double height reception area and the interior of the upper floors have been designed to meet the requirements of the modern office occupier whilst respecting the history of the building.
The development included integration of an 1860’s Venetian Gothic former warehouse building, located at 28 West Register Street, and the careful restoration of its decorative and intricate stonework and windows.
Location
West Register Street lies in close proximity to the new St James Development at the East End of St Andrew Square, bound by Princes Street to the south and St Andrew Street to the west, in the heart of Edinburgh City Centre.
Many prominent retailers are located in the immediate vicinity, including Jenners and Harvey Nichols department stores, and a number of luxury brands within Multrees Walk including Louis Vuitton, Mulberry, Boss, Burberry, Max Mara and Kurt Geiger. In addition to the retail element, there are a number of well established restaurants including: Dishoom, Amarone, The Refinery and The Ivy, along with those forming part of the Registers development itself: Lady Libertine, Tattu, Hawksmoor and Franco Manca.
Accommodation
Seventh Floor - 526.3 sq m (5,665 sq ft)
Sixth Floor - 523.5 sq m (5,635 sq ft) Terrace - 11.3 sq m (1,198 sq ft)
Fifth Floor - 753.3 sq m (8,109 sq ft) Terrace - 53.9 sq m (580 sq ft)
First Floor - 888.6 sq m (9,565 sq ft)
Total - 1,641.9 sq m (28,974 sq ft) Terraces - 165.2 sq m (1,778 sq ft)
Terms
LEASE TERMS - Our clients are seeking to assign or potentially sub lease the entire accommodation which is held on a FRI lease for a duration of 15 years from November 2019, incorporating 5 yearly rent reviews to open market value. The passing rent is based on £34.53 per sq ft on the total floor area with £3,500 per car parking space.
SERVICE CHARGE - The landlord at present maintains the exterior of the demise to include window cleaning and other estate matters. A detailed breakdown on the proposed service charge budget and building handbook are available on request.
LEGAL COSTS - Each party will meet their own legal costs incurred in any transaction. The assignee or sub-tenant will be responsible for any LBTT and registration dues.
VAT - VAT is chargeable on all rent, service charge and rechargeable costs associated with the lease and premises.
ENERGY PERFORMANCE CERTIFICATE - The property has an EPC rating of B, dated Sept 2019.
LOCAL AUTHORITY RATES - The demised office is awaiting assessment by the Lothian Valuation Joint Board following practical completion.
Specification
- 61,237 sq ft of Grade A offices over ground to 7th floors, including reception
- 5 car parking spaces accessed by car lift
- 34 secure bicycle spaces, located within basement
- Country club style showers with lockers
- Comprehensive public realm improvements, including renewed surfaces, lighting and signage
- Pedestrianisation of part of West Register Street will have improved traffic management
DESIGN FEATURES - The premises have been designed and based on the British Council for Offices Guide providing Best Practice in the specification of Grade A offices, giving optimum comfort, flexible accommodation, energy efficient and sustainable design
- Sandstone, glazed curtain walling and precast concrete band finish to new build elevations on 1st to 5th floors
- Zinc rain-screen finish 6th and 7th floors
- South facing roof terraces at 5th and 6th floors
- Retained, restored Venetian façades with heritage glazing
- Double height reception entered via revolving door
- Office floor loads 3.5kN/sq m plus 1kN/sq m
- Office floor to ceiling heights 2.615m
- 100mm raised access floors
- High quality male and female WCs with accessible facilities
- Full Cat A provision with carpet and floor box allowances
BUILDING SERVICES
- Floors 1 to 5 able to be sub-divided into two individual areas with electricity metering
- Space heating and cooling – heating and comfort cooling by a refrigerant based 3-pipe VRF/VRV heat recovery system with a centralised automated control system
- Ventilation – 12 litres per second per person fresh air allowance based on an occupancy density of 1:10 sq m
- Automatic controls and Building Management System (BMS)–Direct Digital Control (DDC) system with front end monitoring from reception (or offsite) to allow central control and monitoring of the complete mechanical services installation
- General and emergency lighting – office lighting is high quality recessed modular LED luminaires with flexible lighting control system
- Standby generator to support the fire-fighting lift and life safety systems lift installation
- Lifts with 12 person capacity, DDA compliant and capable of integration with access control system
- A hydraulic car lift (max waiting time 30secs) between ground and basement programmable to the access control system
- Protective Installation– CCTV, intruder alarm and access control system to cover the perimeter of the office building at ground floor including all entrance and final exit doors
- Fully addressable high quality integrated fire detection system arranged for phased evacuation
SUSTAINABILITY
- EPC B Rating
- BREEAM Very Good