The subjects are located in North Charlotte Street, Edinburgh in the heart of the New Town and West End. The New Town forms the central hub of Edinburgh's central business district. Charlotte Square is one of the main business hubs where there are many high profile businesses as well as Bute House, Home of Scotland's First Minister. North Charlotte Street connects Queens Street and Albyn Place with Charlotte Square, George Street and Princes Street.
It is a predominantly a business location although several office have now been converted into quality residential units. The location offers a high footfall throughout the day with commuters, business people and tourists trade.
The subjects comprise a part of a first floor of a five storey property. It is a traditional stone built facade under a pitched and slated roof. There is a shared access with one other property with a stairway leading up to first floor level. There is one office suite located to the left and another to the right. The subject property is to the right. There is an entry phone for security.
The quiet self-contained office suite comprises one regular shaped office space with large sash and case window to the rear providing excellent real light with a mezzanine floor where there is located a WC and kitchen area.
Internally, there is a generous 3.45m floor to ceiling height, hardwood flooring, traditional cornices, quality uplighters and electric heating.
This is a centrally located office suit suitable for two persons. It provides attractive and efficient space for those needing to located in the hub of Edinburgh's business district. The property was recently home to a firm of architects however it could be utilized for an array of business.
According to our recent measurement survey the premises contain the following approximate net internal area:
First Floor 18.50 sq. m. (200 sq. ft.)
Our client is seeking a lease on a full repairing and insuring basis the term of which is negotiable.
Our client is seeking offers over £6,500 per annum to secure the lease of the premises.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £3,200 effective 1st April 2017. The uniform business rate for the current year is 46.6 pence in the pound.
Occupiers may be eligible for 100% 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.
The property is served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
Each party shall bear their own legal costs in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME Property Ltd.