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Ground Floor Shop Unit , Units 1 and 2 Exchange Crescent, Conference Square, Edinburgh, EH3 8AN

1,152 Sq Ft / Retail / Retail - High Street

Withdrawn - Last updated: 13 July 2022

The subjects comprise a ground floor unit providing an open plan sales area to the front with ancillary and WC facilities to the rear.
( Agency Pilot Software ref: 11881 )

Location

Edinburgh is the capital city of Scotland and is a major administrative centre housing the Scottish Parliament, Scottish Government and Judiciary System. The city is ranked as the UK’s 2nd largest financial centre and the 6th largest in Europe. Edinburgh has a resident population of approximately 450,000, of which 290,000 are of working age, and a catchment of 780,000. Conference Square is located within the centre of the Exchange District and is home to world class occupiers including Amazon, Scottish Widows, Clydesdale Bank, HBOS and Aberdeen Standard Investments as well as a host of professional services companies. The units also benefit from being adjacent to the renowned Edinburgh International Conference Centre.

Conference Square provides a public are to be enjoyed by the local business community, residents and visits to the city. The character of the vicinity has been enhanced by the major extension to the five star Sheraton Grand Hotel. Other nearby occupiers include Pure Gym (24 hour), Pedal House, Brewdog and All Bar One.

Accommodation

GROUND FLOOR 107 sq m (1.152 sq ft)

Terms

LEASE TERMS The subjects are held on a 10 year lease expiring in September 2030, subject to an upward only rent review on 26th September 2025.

RENT £22,000 per annum exclusive.

ENERGY PERFORMANCE CERTIFICATE (EPC) Available upon request. PLANNING Planning consent for use as a coffee shop under Class 3. Interested parties should make their own enquiries to the City of Edinburgh Council.

ANTI MONEY LAUNDERING REGULATIONS To comply with Anti Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding. Applicable documentation will therefore be required on agreement of heads of terms.

LEGAL COSTS In the normal manner, each party will be responsible for their own costs incurred with the tenant being responsible for Land and Buildings Transactional Tax and registration dues.

VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

Specification

  •  LOCATED WITHIN THE HEART OF THE EXCHANGE DISTRICT 
  • AMONGST 1.5 MILLION SQ FT OF GRADE A OFFICE ACCOMMODATION 
  • 5 MINUTES WALK FROM PRINCES STREET 
  • SUITABLE FOR ALTERNATIVE USES SUBJECT TO PLANNING


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