45-47 Shandwick Place , Edinburgh EH2 4RG
Potentially suitable for alternative uses
(Planning for a change to class 3 has been submitted )
The subjects form a central part of a busy retail parade directly located in Edinburgh’s bustling West End. The location provides easy access to Edinburgh’s principle shopping thoroughfares whilst there is a wide range of restaurants and bars in the immediate vicinity. The subject property is situated on the south side of Shandwick Place and nearby occupiers include the new attraction Johnnie Walker Experience. This area has also has an excellent flow of shoppers and tourists a throughout the year.
The area is well served by public transport with a bus stop directly outside the unit and the Shandwick Place as well as a tram stop. Haymarket train station is approximately 5 - 10 minutes walk from the property.
The premises have a Class 1 use and formerly traded as ‘Amplifon’ hearing aid store. The unit comprises a generously large open plan ground floor area leading to the back of the unit where two private offices, a DDA compliant WC and a staff area/kitchenette are located. Two further floors are accessed by an internal staircase, these areas could be used for private rooms/offices or storage. Externally the frontage is glazed within an aluminium frame with excellent signage space above.
An application for class 3 change has been submitted for this property.
According to our measurement survey, the premises provides the following areas:
Ground Floor: 126 sq m (1,358 sq ft)
First Floor: 57 sq m (617 sq ft)
Second Floor: 42 sq m (452 sq ft)
Our client is seeking to lease the premises on full repairing and insuring (FRI) terms. Rental offers of £45,000 per annum are invited.
The property is serviced by water and electricity.
According to the Scottish Assessors website (www.saa.gov.uk) the subjects have a Rateable Value of £44,300. The uniform business rate for the current year is £0.49 pence in the pound. The rates payable are £21,707
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.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate Pending
A copy of the recommendation report can be provided on request.
Strictly by appointment with the agents, ime DJK Group. Please contact 0131 290 2350 to make arrangements.
Each party shall bear their own legal costs with the tenant being liable for any Stamp Duty Land Tax and Registration Dues applicable to the lease.
Upon completion of a formal legal missive under Scots Law.
Council tax band: X,