Situated in the centre of Morrison Street near the junction of Grove Street, the property sits amongst some of the UK’s largest financial and business institutions positioned in the heart of Edinburgh’s city centre.
Also within a short walk from Edinburgh City Centre, the west end and the newly refurbished Haymarket Railway Station.
The bus link to Edinburgh Airport is only a few minutes’ walk as is the tram line. A huge range of entertainment facilities including cinemas, restaurants, theatres and bars are located within walking distance of this superb unit.
The property is situated across ground and basement levels forming the lower part of a substantial tenement building. The ground floor is split into three sections, the rear section accommodates vast retail/office space and WC.
The front reception area is bright and spacious, ideal for office, beauty or clinic based business. The middle section incorporates further more space and a stairway down to the basement. The shop front features two good sized glazed shop front windows looking on to busy Morrison Street and a good sized signage.
The basement is accessed via a concealed staircase from the middle section retail area. Currently used for stock the basement area is vast and could be used or developed for many uses.
According to our measurement survey, the subjects comprise the following areas:
Total GIA: 200 SQ M (2,153 SQ FT)
According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £13,700. The uniform business rate for the current year is £0.466 pence in the pound.
Occupiers may be eligible for rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
Our clients are seeking a rent of £25,000 per annum
The property is being offered on a leasehold basis on a Full, Repairing and Insuring basis with a lease term to be agreed.
The property has mains water, gas and electricity.
ENERGY PERFORMANCE CERTIFICATE
The EPC rating is C.
A copy of the EPC and recommendation report can be provided upon request.
By agreement on completion of a formal missive under Scots Law.
Each party will bear their own legal costs. The purchaser will be responsible any LBTT due on the purchase.
EPC rating: C.