The property comprises an attractive ground floor retail unit of a traditional three storey building of brick construction under a pitch and slate roof. The property has a main ground floor sales area, rear sales, ancillary basement storage and a WC. The property has LED downlighters, vinyl flooring and benefits from security roller shutters.
Location
Edinburgh, a UNESCO world heritage city and Scotland's capital city, is located approximately 400 miles north of London and 45 miles east of Glasgow. It is a key political, legal and judicial centre and is the second largest financial centre in the UK. The city has a population of approximately 525,000 and a regional catchment of around 1.6 million people. Edinburgh has a diverse economy with more FTSE 100 companies located there than any other city in the UK outside of London. Edinburgh has a booming tourist industry and one of the fastest growing airports in the UK with over 200 direct routes.
More specifically, the property is located on the south side of Rose Street, in the block bounded by Castle Street and Frederick Street, within the heart of Edinburgh's thriving city centre. Neighbouring occupiers include an excellent mix of national and established retailers including Tiso, Timpsons, Ecco and Rogerson Shoes, as well as numerous bars and restaurants.
Accommodation
Ground Floor: 51.53 sq m (555 sq ft)
Basement: 16.26 sq m (175 sq ft)
Total NIA: 67.79 sq m (730 sq ft)
Terms
Lease Terms
The property is available on full repairing and insuring (FRI) terms for a minimum of 5 years.
Rent
Offers of £30,000 per annum exclusive of VAT are invited.
Rateable Value
The rateable value with effect from 1 April 2026 is £28,500. Based on the basic property rate of 48.1p, this gives an estimated rates liability in 2026/2027 of £13,709. Each new occupier has the right of appeal against this figure.
EPC
Can be provided to interested parties.
Date of Entry
By arrangement.
Legal Costs
Each party shall be responsible for their own legal costs; however, the ingoing tenant shall be responsible for any registration dues, Land and Buildings Transaction Tax (LBTT) and any VAT payable thereon.
Specification
- PROMINENT RETAIL UNIT WITHIN HEART OF EDINBURGH CITY CENTRE
- PRIME PEDESTRIANISED STREET WITH HIGH FOOT FALL
- GROUND AND BASEMENT TOTALLING NIA 730 SQ FT
- EPC: A
- OFFERS OF £30,000 PER ANNUM INVITED