12 Queensferry Street (Jan 2017) - DRAFT.pub - Realla
7 Exchange Crescent, Conference Square, Edinburgh EH3 8AN Tel: 0131 225 6612
To Let Retail Unit
12 Queensferry Street, Edinburgh EH2 4PG • • • • •
Prominent double frontage unit on main arterial route Situated within Edinburgh’s popular West End Suitable for alterna!ve uses, subject to planning NIA: 1,163 sq , (108.04 sq m) VAT Exempt Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Viewing strictly by appointment with sole le;ng agents: Tel: 0131 225 6612 Iain Taylor Email: [email protected] Finlay Miller Email: fi[email protected]
Leeds 0113 243 6777
Dundee 01382 227900
LOCATION The property is located on the west side of Queensferry Street, in the heart of Edinburgh’s West End between Alva Street and Queensferry Street Lane. Queensferry Street is an extension of Queensferry Road (A90), a main arterial route into the city centre from the Forth Road Bridge to the north and the M9 to the west. Within 1-minute walking distance of Princes Street, the area is a popular retail and leisure des!na!on with a number of bars and restaurants servicing a large office worker and local resident popula!on. Nearby occupiers include House of Fraser, Jan de Vries Healthcare, Pa!sserie Maxime, Pizza Express, Zizzi’s and the new ‘HOME’ restaurant (as run by Social Bite). DESCRIPTION The subjects comprise a retail unit over ground and basement floors of a three storey tenement building. Internally the subjects are arranged to provide an open plan sales area over ground floor. The basement provides storage space, toilets and tea prep area. ACCOMMODATION The subjects have the following approximate areas:Ground Floor
656 sq 5
60.94 sq m
Basement
507 sq 5
47.10 sq m
TOTAL
1,163 sq
108.04 sq m
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease incorpora!ng 5 yearly upward only rent reviews, for a term to be agreed.
ENERGY PERFORMANCE CERTIFICATE (EPC) The property has an EPC “G” ra!ng and a copy of the EPC can be provided on request. RATING We understand from the Local Assessor’s website that the subjects have the following ra!ng assessment:Rateable Value UBR (2016/17) Rates Payable
£31,200 £0.484 £15,100.80 (exclusive of water & sewerage)
LEGAL COSTS Each party will be responsible for their own legal costs incurred with the ingoing tenant being responsible for any LBTT, registra!on dues and VAT as applicable. VALUE ADDED TAX (VAT) The property has not been VAT registered and, as such, no VAT is payable on the rent. This could prove aTrac!ve to organisa!ons and businesses unable to reclaim VAT. VIEWING / FURTHER INFORMATION Strictly through the sole le;ng agents:Iain Taylor Direct Dial: 0131 473 3264 [email protected] Finlay Miller Direct Dial: 0131 473 3210 [email protected] Date of Publica!on: January 2017
RENTAL Rental offers in excess of £27,500 per annum (VAT does not apply) are invited. Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of this property whose agents they are given no*ce that: (i) the par*culars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not cons*tute, nor cons*tute part of, an offer or contract; (ii) all descrip*ons, dimensions, reference to condi*on and necessary permissions for use and occupa*on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representa*ons of fact but must sa*sfy themselves by inspec*on or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representa*on or warranty whatever in rela*on to this property.
To Let Retail Unit
12 Queensferry Street, Edinburgh EH2 4PG • • • • •
Prominent double frontage unit on main arterial route Situated within Edinburgh’s popular West End Suitable for alterna!ve uses, subject to planning NIA: 1,163 sq , (108.04 sq m) VAT Exempt Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Viewing strictly by appointment with sole le;ng agents: Tel: 0131 225 6612 Iain Taylor Email: [email protected] Finlay Miller Email: fi[email protected]
Leeds 0113 243 6777
Dundee 01382 227900
LOCATION The property is located on the west side of Queensferry Street, in the heart of Edinburgh’s West End between Alva Street and Queensferry Street Lane. Queensferry Street is an extension of Queensferry Road (A90), a main arterial route into the city centre from the Forth Road Bridge to the north and the M9 to the west. Within 1-minute walking distance of Princes Street, the area is a popular retail and leisure des!na!on with a number of bars and restaurants servicing a large office worker and local resident popula!on. Nearby occupiers include House of Fraser, Jan de Vries Healthcare, Pa!sserie Maxime, Pizza Express, Zizzi’s and the new ‘HOME’ restaurant (as run by Social Bite). DESCRIPTION The subjects comprise a retail unit over ground and basement floors of a three storey tenement building. Internally the subjects are arranged to provide an open plan sales area over ground floor. The basement provides storage space, toilets and tea prep area. ACCOMMODATION The subjects have the following approximate areas:Ground Floor
656 sq 5
60.94 sq m
Basement
507 sq 5
47.10 sq m
TOTAL
1,163 sq
108.04 sq m
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease incorpora!ng 5 yearly upward only rent reviews, for a term to be agreed.
ENERGY PERFORMANCE CERTIFICATE (EPC) The property has an EPC “G” ra!ng and a copy of the EPC can be provided on request. RATING We understand from the Local Assessor’s website that the subjects have the following ra!ng assessment:Rateable Value UBR (2016/17) Rates Payable
£31,200 £0.484 £15,100.80 (exclusive of water & sewerage)
LEGAL COSTS Each party will be responsible for their own legal costs incurred with the ingoing tenant being responsible for any LBTT, registra!on dues and VAT as applicable. VALUE ADDED TAX (VAT) The property has not been VAT registered and, as such, no VAT is payable on the rent. This could prove aTrac!ve to organisa!ons and businesses unable to reclaim VAT. VIEWING / FURTHER INFORMATION Strictly through the sole le;ng agents:Iain Taylor Direct Dial: 0131 473 3264 [email protected] Finlay Miller Direct Dial: 0131 473 3210 [email protected] Date of Publica!on: January 2017
RENTAL Rental offers in excess of £27,500 per annum (VAT does not apply) are invited. Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of this property whose agents they are given no*ce that: (i) the par*culars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not cons*tute, nor cons*tute part of, an offer or contract; (ii) all descrip*ons, dimensions, reference to condi*on and necessary permissions for use and occupa*on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representa*ons of fact but must sa*sfy themselves by inspec*on or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representa*on or warranty whatever in rela*on to this property.
