The accommodation comprises of a 5 storey traditional stone built tenement building, with the subject premises off ering a commercial use on the basement and lower ground fl oor. The lower ground fl oor benefi ts from cellular accommodation that off ers a bright environment with natural daylight from the surrounding windows being supplemented by a mixture of spot and strip lighting. The premise is supplied by electric heating throughout and the lower ground fl oor has WC facilities. The basement also off ers further cellular accommodation with additional tea prep facilities as well as WC facilities. The basement is accessed by steps down from street level and can be accessed separately to the lower ground fl oor.
( Agency Pilot Software ref: 15128 )
Location
The property holds a prominent city centre location on the east side of Edinburgh’s New Town, within the Broughton district, on the corner of London Street and Mansfi eld Place. The location benefi ts from excellent public transport links, with Princes Street and Waverley Station located approximately half a mile from the property. As well as several bus routes nearby, the Edinburgh Tram route is located only a 5-minute walk away. This provides convenient connections to Granton as well as Edinburgh Airport with further expansion talks ongoing.
Accommodation
2,714 SQ.FT (252 SQ.M)
Terms
LEASE TERMS The property is available on a Full Repairing and Insuring lease at an annual rent of £38,000 for a term to be agreed. Further information is available from the sole letting agents.
ENERGY PERFORMANCE CERTIFICATE (EPC) Available upon request.
BUSINESS RATES We are advised by the local Assessor the property currently has a Rateable Value of c.£24,630 which results in rates payable (2023/24) of approximately £12,069 per annum. Interested parties are advised to make their own enquiries with regards to any relief via the Small Business Rates Relief Scheme.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in this transaction. In the normal manner, the ingoing tenant will be liable for any LBTT, registration dues and VAT thereon. All prices quoted are exclusive of VAT.
VAT All prices quoted are exclusive of VAT
Specification
- CLOSE PROXIMITY TO CITY CENTRE
- EXCELLENT PUBLIC TRANSPORT CONNECTIONS
- AMPLE LOCAL AMENITIES NEARBY
- FLEXIBLE TERMS AVAILABLE