The subjects comprises a rare five storey Georgian Townhouse property. The offices are accessed via agrand entrance at ground floor level which benefits from a client waiting area. The property benefits from five floors of offices/meeting rooms, kitchens/tea prep and storage facilities with the lower ground floor consisting of a walk-in safe room and dedicated sever room. From the rear offices of the building, a tenant enjoys stunning views over the north of Edinburgh and Firth of Forth
Alternative access is available at lower ground from pavement stairs on Albyn Place as well as rear access at lower ground level out to the private car parking for up to 5 cars. Given that the property is currently solely occupied and self-contained, there is no service charge in place.
Location
The property is situated within the exclusive New Town district, 200m from Edinburghs core city centre. The New Town is a popular business and residential area and therefore has an abundance of local amenities such as coffee/sandwich shops. The subject is prominently located on the north side of Albyn Place, which is a continuation of St Colme Street/Queen Street and benefits from a high volume of pedestrian and vehicular traffic. The property benefits from private car parking which is accessed via Wemyss Place Mews as well as a good provision of pay and display bays on Wemyss Place and Queen Street.
Accommodation
Lower Ground Floor 77 sq m (829 sq ft )
Ground Floor 87sq m ( 939 sq ft )
First Floor 102 sq m (1100 sq ft )
Second Floor 81sq m ( 875 sq ft )
Third Floor 71 sq m (760 sq ft )
TOTAL 418 sq m (4,503 sq ft )
Terms
LEGAL COSTS Each party to bear their own legal costs in the documentation of this transaction; however the ingoing tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.
LEASE The property is available on a new full repairing and insuring lease on a term to be mutually agreed. The lease will incorporate regular rent reviews and the preference is to let the building in whole. Date of entry is available immediately
RATEABLE VALUE The subjects are entered in the current Valuation Roll at a rateable value of £XXX which will result in net annual payable rates of £XXX Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 6 months of the beginning of the tenancy.
EPC Released on application.
Specification
- PRIVATE PARKING FOR UP TO 5 CARS ACCESSED VIA WEMYSS PLACE MEWS
- SITUATED IN A CENTRAL LOCATION CLOSE TO GEORGE STREET AND PRINCES STREET
- BUILDING FULLY CABLED READY FOR TENANT OCCUPATION
- EXTENSIVE STORAGE, WC PROVISION AND KITCHEN FACILITY