The subjects form part of a 4 storey mid terraced townhouse situated on the north side of Thistle Street and benefit from a traditional facade and internally provide modern office accommodation.
The 2nd floor suite will be refurbished and will benefit from the following specification:
- Gas fired central heating
- Perimeter trunking with Cat 5e cabling
- Tea preparation area
- Strip lighting
- Secure door entry phone system
- Dedicated male and female showers
- WCs on ground, 1st and 2nd floors.
In addition to the above specification consideration may be given to furnishing the office suite to provide plug and play space for prospective tenants.
Location
Thistle Street is located in Edinburgh city centre running parallel to George Street and Queen Street. The subjects are located at the east end of Thistle Street between Hanover Street and St Andrew Square and are surrounded by a number of excellent facilities and amenities. The prime retail pitches of George Street, Multrees Walk and St James Quarter together with a variety of bars, restaurants and hotels are all located within the immediate vicinity.
The location also benefits from excellent public transport links with numerous bus routes servicing the area and both Waverley railway station and St Andrew Square bus station and tram stop are within a 2 minute walk. Nearby occupiers include Trident Building Consultancy, Abrdn, Brooks MacDonald, Rathbones and Santander.
Accommodation
The suite extends to the following approximate net internal area:
East Suite - 672 sq ft (62.43 sq m)
Terms
LEASE - The subjects are available on the basis of a new full repairing and insuring lease. Quoting terms available on request from the sole letting agent.
RATING - We have been verbally advised by the Rates Authority that the rateable value with effect from 1 April 2023 is £9,200. (Each new occupier has the right of appeal against this figure).
Based on the basic property rate of 49.8p, this rateable value will result in an estimated rates liability in financial year 2024/25 of £8,267.
ENERGY PERFORMANCE CERTIFICATE - EPC Rating = C.
DATE OF ENTRY - By arrangement.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred during the transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land and Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
AML REGULATIONS - Under HMRC and RICS regulations and The Proceeds of Crime Act 2022, as property agents facilitating transactions, we are obliged to undertake AML due diligence for both the purchasers/tenants and vendors/landlords involved in a transaction. As such, personal and/or detailed financial and corporate information may be required before any transaction can conclude.
Specification
- 672 sq ft (62.43 sq m) office suite available
- Central New Town location
- Refurbished common parts
- Available Q2, 2025