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City Centre Retail Premises, 41 Thistle Street, New Town, Edinburgh, EH2 1DY

756 Sq Ft / Retail / Retail - High Street

To Let - £16,000.00 per annum

Available - Last updated: 17 April 2024

The subjects comprise the ground floor and basement of a traditional Grade B Listed building. The ground floor retail unit provides bright, open plan trading space at the front and rear (separated by three steps) together with ancillary office and staff areas. The basement is accessed separately via the tenement stairwell to the side of the unit and provides basic storage space and WC facility.
( Agency Pilot Software ref: 9714 )

Location

Thistle Street is located in the heart of Edinburgh City Centre close to Hanover Street and comprises restaurants, shops, bars and residential dwellings. The subjects are in close proximity to public transport being a 10 minute walk to Waverley Railway Station and Edinburgh Bus Station. Thistle Street benefits from metered parking. The subjects are located on the north side of Thistle Street on the pitch bounded by Hanover Street to the East and Frederick Street to the West. Nearby occupiers include Hendersons, Thistle Street Bar, Craig Banks, 21st Century Kilts, Fishers, Noto, Dusit and Bon Vivant.

Accommodation

70 SQ M (756 SQ FT)

Terms

EPC The subjects have an EPC rating of E. A copy of the Certificate is available upon request.

RATEABLE VALUE The subjects are currently entered in the Assessor’s Valuation Roll as having an RV of £14,500. The current UBR (2023/2024) for properties with an RV under £51,000 is £0.498, therefore rates payable will be in the order of £7,221. The SBBS relief scheme will be tapered from 100% to 25% for properties with rateable values between £12,001 to £15,000. Interested parties should make their own enquiries to the Local Authority.

LEGAL COSTS In the normal manner, each party will be responsible for their own costs incurred with the tenant being responsible for Land and Buildings Transactional Tax and registration dues.

VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

Specification

  • BACK ON MARKET DUE TO ABORTIVE NEGOTIATIONS
  • 100% RATES RELIEF FOR QUALIFYING TENANTS
  • CITY CENTRE INDEPENDANT RETAIL AND LEISURE HOTSPOT LESS THAN 100M FROM PRIME RETAIL THOROUGHFARE OF GEORGE STREET

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £16,000.00 per annum

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John Conroy

Ryden LLP

0141 432 1390

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