109 George Street Marketing Particulars - AWS
To let 109-109A George Street Edinburgh EH2 4JW
0131 469 6070 gva.co.uk/scotland
Location
Accommodation
Rates
The property occupies a prominent corner position to the west end and north side of George Street at the junction where it meets North Castle Street in the heart of Edinburgh City Centre.
The Net Internal Area of the unit has been measured in accordance with the RICS Code of Measuring Practice (6th Edition), as follows:
We understand that the property is assessed as follows:
George Street is the prime retail and leisure pitch in Edinburgh. Recent entrants to George Street include Bobbi Brown, Xile Clothing, All Saints and Rohan Design. The thoroughfare is home to many high end brands with surrounding occupiers including Gourmet Burger Kitchen, Gusto, Las Iguanas, Chaophraya, Gant, Thomas Pink, Starbucks and The Slug and Lettuce.
Description The subject property is arranged over ground floor and basement of a five storey Grade B listed building of traditional stone construction under a pitched and slated roof. The property benefits from frontage onto George Street and North Castle Street. The ground floor provides an open plan retail area to the front with office space to the rear. The basement comprises a staff room, male and female toilets as well as various storage rooms. Heating is provided by gas central heating.
Rateable Value: £137,000 UBR (2017/18): 49.2p Rates Payable: c. £67,404
Floor
SQ M
SQ FT
Ground floor
162.39 sq m
1,748 sq ft
Basement
92.78 sq m
999 sq ft
Total
255.17 sq m
2,747 sq ft
ITZA
168.63 sq m
1,815 sq ft
Planning The property has been operating as a bank, therefore we understand has Class 2 Planning Use, providing permitted change to Class 1 (Shops). Interested parties should make their own enquiries to Edinburgh City Council.
Tenure The premises are available on an assignment or sub-lease of the existing lease expiring 17th December 2037.
Rent £180,550 per annum. In place are annual RPI uplifts with the next rent review due 25th December, 2017.
Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction.
EPC A full energy performance certificate is available on request.
VAT We understand the property is not elected for VAT therefore, no VAT will be applicable.
For further information please contact:
Kyle Williamson 0131 469 6031 [email protected] Peter Fraser 0131 469 6027 [email protected] James Burt 0207 7911 2268 [email protected]
GVA Quayside House, 127 Fountainbridge, Edinburgh, EH3 9QG GVA is the trading name of GVA Grimley Limited. ©2018 GVA
October, 2017
GVA hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent GVA is in this brochure is provided on the following conditions: (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract. (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.
(3) (4) (5)
No person in the employment of GVA, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure. All prices quoted are exclusive of VAT. GVA shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by GVA.
0131 469 6070 gva.co.uk/scotland
Location
Accommodation
Rates
The property occupies a prominent corner position to the west end and north side of George Street at the junction where it meets North Castle Street in the heart of Edinburgh City Centre.
The Net Internal Area of the unit has been measured in accordance with the RICS Code of Measuring Practice (6th Edition), as follows:
We understand that the property is assessed as follows:
George Street is the prime retail and leisure pitch in Edinburgh. Recent entrants to George Street include Bobbi Brown, Xile Clothing, All Saints and Rohan Design. The thoroughfare is home to many high end brands with surrounding occupiers including Gourmet Burger Kitchen, Gusto, Las Iguanas, Chaophraya, Gant, Thomas Pink, Starbucks and The Slug and Lettuce.
Description The subject property is arranged over ground floor and basement of a five storey Grade B listed building of traditional stone construction under a pitched and slated roof. The property benefits from frontage onto George Street and North Castle Street. The ground floor provides an open plan retail area to the front with office space to the rear. The basement comprises a staff room, male and female toilets as well as various storage rooms. Heating is provided by gas central heating.
Rateable Value: £137,000 UBR (2017/18): 49.2p Rates Payable: c. £67,404
Floor
SQ M
SQ FT
Ground floor
162.39 sq m
1,748 sq ft
Basement
92.78 sq m
999 sq ft
Total
255.17 sq m
2,747 sq ft
ITZA
168.63 sq m
1,815 sq ft
Planning The property has been operating as a bank, therefore we understand has Class 2 Planning Use, providing permitted change to Class 1 (Shops). Interested parties should make their own enquiries to Edinburgh City Council.
Tenure The premises are available on an assignment or sub-lease of the existing lease expiring 17th December 2037.
Rent £180,550 per annum. In place are annual RPI uplifts with the next rent review due 25th December, 2017.
Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction.
EPC A full energy performance certificate is available on request.
VAT We understand the property is not elected for VAT therefore, no VAT will be applicable.
For further information please contact:
Kyle Williamson 0131 469 6031 [email protected] Peter Fraser 0131 469 6027 [email protected] James Burt 0207 7911 2268 [email protected]
GVA Quayside House, 127 Fountainbridge, Edinburgh, EH3 9QG GVA is the trading name of GVA Grimley Limited. ©2018 GVA
October, 2017
GVA hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent GVA is in this brochure is provided on the following conditions: (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract. (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.
(3) (4) (5)
No person in the employment of GVA, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure. All prices quoted are exclusive of VAT. GVA shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by GVA.
