7 Exchange Crescent, Conference Square, Edinburgh EH3 8AN Tel: 0131 225 6612
To Let Retail Unit
10 Queensferry Street, Edinburgh EH2 4PG
Poten ally suitable for restaurant use (subject to planning) Excellent prominent corner unit with return frontage Situated within Edinburgh’s popular West End NIA: 2,771 sq (257.42 sq m)
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Viewing strictly by appointment with le ng agents: Fraser Ramage Tel: 0131 225 6612 Email:
[email protected] John Conroy Tel: 0141 204 3838 Email:
[email protected] Leeds 0113 243 6777
Dundee 01382 227900
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. LOCATION The property is located on the west side of Queensferry Street at its Eastern end on the corner with Queensferry Street Lane. Queensferry Street is an extension of Queensferry Road (A90), which forms a main arterial route into the city centre from the Forth Road Bridge to the north and the M9 to the west. The area is a popular food and drink des na on with a number of bars and restaurants servicing a large office worker and local resident popula on. Nearby occupiers include Greggs, 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 a ground floor sales area with office to the rear. The basement provides an office, storage space, toilets and tea prep area and can be accessed via one of two mber staircases. There is also separate fire escape access to the side leading to Queensferry Street Lane. ACCOMMODATION The subjects have the following approximate areas:‐ Ground Floor
1,665 sq
154.67 sq m
Basement
1,105 sq
102.65 sq m
TOTAL
2,770 sq
257.32 sq m
RENTAL Rental offers in excess of £60,000 per annum exclusive are invited. ENERGY PERFORMANCE CERTIFICATE TBC 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
£53,500 £0.51 £27,285 (exclusive of water & sewerage)
LEGAL COSTS Each party will be responsible for their own legal costs incurred with an ingoing tenant/purchaser being responsible for any Stamp Duty Land Tax, recording dues and VAT as applicable. VALUE ADDED TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser or lessee must sa sfy themselves independently as to the incidence of VAT in respect of any transac on. VIEWING / FURTHER INFORMATION Strictly through the sole le ng agents:‐ Fraser Ramage Direct Dial: 0131 473 3235
[email protected] Date of Publica on: November 2016
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 notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection 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 representation or warranty whatever in relation to this property.
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Leeds 0113 243 6777
Dundee 01382 227900