DESCRIPTION
Within the traditionally constructed mid terraced period building there are two floors of cellular office space available. The property is self contained and benefits from a kitchen and two WCs, situated on the first floor.
The unit is Grade B listed and is located within the Edinburgh New Town Conservation Area.
RATEABLE VALUE
We have been informed by the Lothian Joint Valuation Board that the subjects are currently entered in the Valuation Roll at a rateable value of £XXX per annum.
LEGAL COSTS
Each party to bear their own legal costs in the documentation of this transaction; however the ingoing tenant will be liable for LBTT, Registration Dues or VAT incurred thereon.
VAT
All prices, rents and outgoings are quoted exclusive but may be liable to VAT.
ENERGY PERFORMANCE CERTIFICATE
TBC
ENTRY
By mutual agreement
Location
The subjects are located to the east side of Hanover Street between the junctions of George Street to the north and Princes Street to the south within the heart of the City Centre. The property is situated within the “Golden Rectangle,” one of Edinburgh’s most prestigious commercial locations. The location affords immediate access to all City Centre amenities and services including Waverley Train Station, the new tram service on Princes Street and the Bus Station at St Andrews Square. Neighbouring occupiers in close proximity include Pret A Manger, El Bario, Lloyds TSB and Subway.
Accommodation
We have calculated the net internal area of the subjects to extend to approximately 858 sq ft or thereby.
Terms
Our client are willing to enter into a standard full repairing and insuring lease term for a term to be agreed incorporating regular rent reviews with an initial rental of £XXX per annum.