The subjects are on South Clerk street which is situated in the south of Edinburgh city centre; a popular continuation of Clerk Street which leads directly to the Bridges, Royal Mile, the east end of Princes Street and Waverly Station.
Newington is a particularly scenic area of Edinburgh with local landmarks such as Salisbury Crags, Arthur’s Seat and the Meadows all in close proximity to each other. There is a strong student population in the immediate vicinity and a wide range of shops, bars and cafes nearby.
There are regular bus links to the city centre, with several of Edinburgh’s tourist and festival attractions, such as the Royal Mile and Edinburgh Castle being within walking distance. Other local facilities include: The Queen’s Hall, Festival Theatre, National Museum of Scotland and the Commonwealth Pool.
The subjects are configured over ground and basement floors forming part of a traditional tenement building with excellent street frontage. The spacious and uninterrupted open floor plan makes this property suitable for uses such as retail and dining purposes, with a basement suitably sized for storage, also including a WC.
The Large front windows allow lots of natural light to enter the premises, with tall ceilings greatly enhancing the spaciousness of the property.
Total NIA: 57 SQ M (614 SQ FT)
The subjects are available to lease on a Full Repairing and Insuring (FRI) basis with a rent of £11,000 per annum being sought for this property.
The property has mains water, drainage and electricity.
ENERGY PERFORMANCE RATING
The EPC rating is pending.
The rateable value is currently pending, following changes being made to the property.
The uniform business rate for the current year is 46.6 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.
Each party is responsible for their own legal and costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable
On completion of legal formalities.