The subjects comprise a traditional townhouse of sandstone construction under a pitched slate roof over lower ground, ground, first and second floors. Internally the premises provide cellular office accommodation which is currently undergoing redecoration and benefits from a specification including: -
- Gas central heating.
- Entry phone system.
- Broadband facilities.
- Feature lighting.
- Kitchen/tea prep facilities.
- Male & female WC’s.
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, Young Street runs parallel to both George Street and Queen Street and is located on the west side of the Golden Rectangle between Charlotte Square and Castle Street.
The surrounding area comprises a mixture of both traditional and serviced offices together with residential flats and the Oxford and Cambridge bars. George Street with its mix of retail and restaurant offerings is also a short walk away.
Accommodation
The premises currently have the following suites available: -
Lower Ground Floor Front - 7.53 sq m (81 sq ft)
Ground Floor Front (1) - 25.83 sq m (278 sq ft)
Ground Floor Front (2) - 9.20 sq m (99 sq ft)
Second Floor - 28.15 sq m (303 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.
Lower Ground Floor Front - £300 excluding VAT pcm
Ground Floor Front (1) - £850 excluding VAT pcm
Ground Floor Front (2) - £350 excluding VAT pcm
Second Floor - £650 excluding VAT pcm
RATEABLE VALUE - The Scottish Assessors Association Portal shows the suites entered in the Valuation Roll as follows: -
Lower Ground Floor Front - To be assessed
Ground Floor Front (1) - £3,200
Ground Floor Front (2) - £1,200
Second Floor - £3,650
As of the 1st April 2023 if an occupier of commercial property’s cumulative rateable value is £12,000 or under then the occupier qualifies for Small Business Rates Relief.
Specification
- Gas central heating.
- Entry phone system.
- Broadband facilities.
- Feature lighting.
- Kitchen/tea prep facilities.
- Male & female WC’s.