Retail Unit.
Location
The subject property is situated in a prime location along Princes Street. The unit is adjacent to Card Factory and HSBC Bank. Other nearby occupiers include Hotter shoes, Lush, Vodafone, New Look and Urban Outfitters.
Accommodation
GroundFloor Sales - 101.2 sqm (1,089 sqft)
Basement - 168.6 sqm (1,815 sq ft)
Total - 269.8 sqm (2,904 sq ft)
Terms
LEASE TERMS
The propertyis offered by way of assignment of the existing lease expiring August 2030 with a tenant only break option in August 2023 subject to 12 months written notice.
RENT
£260,000 per annum exclusive of business rates and service charge.
RATING
RateableValue (2018) - £116,000
Rates Payable(2018/2019) - £59,856
Service Charge - £TBC
LEGAL COSTS
Each party shall be responsible for their own legal costs incurred in the transaction with the ingoing tenant being responsible for LBTT, registration dues and VAT incurred thereon.
EPC RATING
A copy of the energy performance certificate is available upon request.
VAT
All figures quoted are exclusive of VAT.