Ground and basement floor shop forming part of a traditional stone built building. Upper floors are occupied as residential flats.
The premises have been the subject of an internal upgrade to provide an attractive open layout ground floor space, plus good quality basement areas useful for either additional showroom or storage space. The basement also contains male and female toilets and tea prep area.
There is historic restaurant Class 3 consent limited by a trading hours condition. We therefore expect that planning condition for Class 3 (restricted cafe) or Class 2 (office) could be obtained. All planning enquiries should be directed to the City of Edinburgh Council, Planning Department.
Location
Located in the popular west end of Edinburgh's city centre. The units situated close to the junction of Alva Street and Stafford Street close to Shandwick Place.
William Street / Stafford Street contain an exciting mix of quality specialist fashion and gift shops plus complementary pubs and restaurants. Other businesses within the area are Sam Brown, Charlie Miller Hairdressing, Studio One and Birrell Rainford Opticians.
Accommodation
Gross Frontage - 6.7m (22 ft)
Net Frontage - 6.38m (21 ft)
Ground Floor GIA - 55.55 sq m (598 sq ft)
Basement GIA - 43.26 sq m (456 sq ft)
Terms
The subjects are available by either assignation or sub-letting from the current full repairing and insuring lease. The lease commenced 21 January 2103 and runs for a period of 10 years. There is a tenant break option at the 5th year.
Current passing rental is £17,500 pa.
Incentives may be available subject to status.
Specification
EPC Rating - G