Blair Street is centrally located in Edinburgh’s Old Town and connects the Cowgate area with the Royal Mile. The subject property is situated on the west side of the street directly adjacent to The City Café and nearby to one of the Old Town’s most recognizable landmarks, the Tron Kirk.
It is in close proximity to Waverley station, easily accessed by the North Bridge or Cockburn Street, whilst the city’s principle retailers on Princes Street and George Street are only a short distance away. Nearby occupiers to the subjects include Starbucks, Pizza Express, Byron and various recognized hotel chains including Ibis and Hilton.
There are numerous public transport connections available from the North and South Bridges whilst the nearest tram stop is at St Andrew Square approximately 15 minutes walk from the premises.
The subjects comprise an office suite forming the basement floor of a seven-story tenement building. The available accommodation has become surplus to requirements to the principle occupiers ECRM Euro Limited. It benefits from its own dedicated entrance off Blair Street but access can also be made from the car park at the rear of the building.
The open plan office suite has two windows to the front, which along with the floor to ceiling height provides good natural light for a basement. Ceiling down lighters provide the lighting whilst the flooring is a dark wood laminate. The WC and tea prep facilities are to the rear of the unit.
This office would suit a business who needs to be in the heart of the town or close to Edinburgh Sheriff Court.
The specification on offer to occupiers includes:
• CAT 6 cabling (IT and phone configuration can be provided on separate quotation)
• Fully furnished
• Private entrance
• Parking Space
• Gas central heating
According to our recent measurement survey the premises contain the following approximate net internal area:
79 sq m (850 sq ft)
The subjects are offered on the basis of a minimum 12-month contract but consideration will also be given to longer-term interests depending upon specific occupier requirements.
Our clients are looking for £16,500 per annum, exclusive of VAT.
The future tenant will agree they will be required to pay towards the utilities of Electricity, Gas, Water charges and Building Insurance. The tenant will also be required to pay Water drainage cost in total per the valuation of the water company and also non domestic rates.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £6,900. The uniform business rate for the current year is £0.498 pence in the pound (as of April 2020).
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.
The property is served by mains gas, electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is D+
A copy of the recommendation report is available on request.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, Ime DJK Group Ltd.
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.