The subjects comprise the top two floors of a 5- storey townhouse. Internally the premises which have recently been upgraded and refurbished provide cellular office suites.
Location
Edinburgh with a resident population of approximately 500,000 is both the Capital City and Scotland’s administrative and judicial centre.
Situated in the heart of Edinburgh City Centre, Frederick Street runs parallel to North Castle Street and Hanover Street and links George Street to Queen Street.
The surrounding area comprises a mixture of office accommodation, and a good mix of retail bars/restaurants offerings.
Accommodation
The premises currently have the following suites available:
2nd Floor (1) - 10.03 sq m (108 sq ft)
2nd Floor (2) - 28.05 sq m (302 sq ft)
3rd Floor - 20.62 sq m (222 sq ft)
Terms
RENT/LEASE TERMS - The subjects are available to let for a minimum period of 6 months with the rents below inclusive of heat and power plus cleaning and maintenance of common parts. Tenants are liable for the water and drainage rates applicable to the suites.
2nd Floor (1) - £350 plus VAT pcm
2nd Floor (2) - £750 plus VAT pcm
3rd Floor - £550 plus VAT pcm
RATEABLE VALUE - The Scottish Assessors Association Portal shows the premises entered in the Valuation Roll as follows: -
2nd Floor (1) - £1,500
2nd Floor (2) - £3,850
3rd Floor - £2,150
As of 1st April 2023 if an occupier of commercial property’s cumulative rateable value is £12,000 or under the the occupier qualifies for Small Business Relief.