The subjects comprise a Class 1A premises arranged over the ground floor of a four storey mid terraced Georgian townhouse. The subjects can be accessed via a shared entrance at ground floor level. The entry system is operated by a buzzer system.
Internally, the accommodation comprises of two large rooms, one positioned to the front and one to the rear of the building. There is also a tea preparation, storage & wc facility to the rear. The property benefits from large bay windows which provides an abundance of natural light. & would be a welcoming environment for a variety of professional service occupiers.
Location
The subject property is located on Queen Street in the heart of Edinburgh’s New Town. The New Town is characterised by traditional Georgian townhouses and comprises a mixture of residential, office and retail occupiers offering an abundance of local amenities. Queen Street acts as a vehicular route, leading traffic from east to west Edinburgh. The premises benefits from being in close proximity to Edinburgh Waverly Train Station, multiple bus stops and tram stops. There is also a high level of footfall passing the property given the properties proximity to George Street and Princes Street.
More specifically, the subjects are located on the south side of Queen Street in a block bounded by Castle Street to the west and Frederick Street to the east. The new town comprises traditional Georgian townhouses with a mixture of residential and commercial occupiers. Nearby local and national occupiers include The Bannatyne’s Health Club, Greenwoods Edinburgh, Queen Charlotte Guesthouse and Cote Brasserie.
Accommodation
Ground Floor - 72.09 sq m (776 sq ft)
The above floor areas have been calculated on a Net Internal Floor Area basis in accordance with the RICS Code of Measuring Practice (6th Edition).
Terms
Lease Terms - The subjects are offered on a full repairing and insuring basis for a term to be agreed incorporating regular rent reviews.
Rent - Competitive quoting rent of £17,500 per annum and is inclusive of VAT.
Rateable Value - The subjects are entered in the current Valuation Roll at a rateable value of £9,600 per annum which qualifies for 100% rates relief under the Small Business Rates Relief.
Please note, a new tenant or occupier of a property has a right to appeal this rateable value within 4 months of the beginning of the tenancy agreement and this property may also be applicable for small business rates relief.
Energy Performance Certificate - An Energy Performance Certificate is available upon request.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
Legal Costs - Each party to bear their own legal costs in the documentation of this transaction; however the in-going tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.
Specification
- Located on the south side of Queen Street within Edinburgh’s desirable New Town
- Competitive Quoting Rent of £17,500 per annum
- 100% rates relief subject to tenant circumstances
- Central location in close proximity toGeorge Street and Princes Street
- Premises extend to 72.09 sqm (776sqft)
- Suitable for a variety of uses subject to the necessary planning consents
- Extremely high levels of passing pedestrian and vehicular traffic