The accommodation comprises of a 5 storey traditional stone built tenement building, with the subject premises offering a commercial use on the basement and lower ground floor. The lower ground floor benefits from cellular accommodation that offers a bright environment with natural daylight from the surrounding windows being supplemented by a mixture of spot and strip lighting.
The premise is supplied by electric heating throughout and the lower ground fl oor has WC facilities. The basement also offers further cellular accommodation with additional tea prep facilities as well as WC facilities. The basement is accessed by steps down from street level and can be accessed separately to the lower ground floor.
Location
The property holds a prominent city centre location on the east side of Edinburgh’s New Town, within the Broughton district, on the corner of London Street and Mansfield Place. The location benefits from excellent public transport links, with Princes Street and Waverley Station located approximately half a mile from the property. As well as several bus routes nearby, the Edinburgh Tram route is located only a 5-minute walk Repairing and Insuring terms as a whole away. This provides convenient connections to Granton as well as Edinburgh Airport with further expansion talks ongoing.
Accommodation
101 - 252 SQ M (1,088 - 2,714 SQ FT)
Terms
EPC Available upon request.
BUSINESS RATES We are advised by the local Assessor the property currently has a Rateable Value of c.£24,630 which results in rates payable (2024/25) of approximately £12,266 per annum. Interested parties are advised to make their own enquiries with regards to any relief via the Small Business Rates Relief Scheme.
VAT All prices quoted are exclusive of VAT. VAT in respect of any transaction.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in this transaction. In the normal manner, the ingoing tenant will be liable for any LBTT, registration dues and VAT thereo
Specification
- CLOSE PROXIMITY TO CITY CENTRE
- EXCELLENT PUBLIC TRANSPORT CONNECTIONS
- POTENTIAL FOR ALTERNATIVE USE
- FLEXIBLE TERMS AVAILABLE