45 York Place, Edinburgh , EH1 3HP

CLOSING DATE FOR OFFERS SET - WEDNESDAY 6TH FEBRUARY AT 2PM
Development OpportunityPart income producingKey locationSpecification45 York Place is a grade B listed townhouse arranged over 5 floors. The ground, first, second and third floors are vacant and would suit as an owner occupied office or alternative uses subject to planning. The office accommodation requires a degree of modernisation.

Internally, the premises provide self-contained cellular office accommodation with ancillary kitchen, bathroom and store facilities. Heating is delivered via electric panel storage units and lighting via a combination of suspended pendant light fittings and wall mounted uplighters on the lower floors and fluorescent strip lighting in some of the upper floors. The walls are generally painted or wall papered and floors are of timber construction.

The lower ground floors are currently let as a hairdressing salon and benefits from dedicated access from York Place.TenureOffers for the heritable ownership of the building as a whole, or in part, are invited.

The lower ground elements are let to Cheynes Management Limited on an annual rent of 12,500. The lease terminates on the 25th June 2031. The lease commencement date was 25th June 2016. There is a tenant break option every 5 years throughout the duration of the lease. There is an open market rent review every 3 years.

A copy of the lease can be provided to interested parties on request. Accommodation


Floor
NIA (Sq m)
NIA (Sq ft)
Tenure


Basement
70.60
760
Let to Cheynes


Shopfront upper level
7.25
78
Let to Cheynes


Ground floor
61.96
667
Vacant


First floor
73.48
791
Vacant


Second floor
68.93
742
Vacant


Third floor
45.07
485
Vacant


Total
327.29
3,523
-


ViewingsStrictly by appointment of the sole selling agents.EPCThe property has an EPC rating of G

Location