(STRICTLY PRIVATE & CONFIDENTIAL – STAFF UNAWARE) … · 2020. 5. 21. · 0141 221 3500 (STRICTLY...

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0141 221 3500 (STRICTLY PRIVATE & CONFIDENTIAL – STAFF UNAWARE) LEASE FOR SALE 43 George Street, Edinburgh EH2 2HT Location Edinburgh is Scotland’s capital city, with a resident population of approximately 480,000 people and a regional catchment of over 1.6 million people. The city is widely regarded as a key political, administrative, legal and judicial centre, making it the UK’s largest financial centre outside of London. Edinburgh is further renowned for its exceptional tourist trade, attracting in excess of 3.5 million tourists on an annual basis. George Street has established itself as Edinburgh’s premier fashion and leisure location with numerous high quality fashion retailers and restaurateurs located here. The premises occupy a prime location on the north side of George Street, in the block bounded by Hanover Street and Frederick Street. Nearby occupiers include Anthropologie, LK Bennett, Molton Brown and Phase 8. Description The property comprises retail premises within a fully glazed shop front arranged over the ground and mezzanine floors of a four storey stone built building, under a pitched and slated roof. Accommodation The net internal areas are approximately as follows: Ground Floor 225.86 sq m (2,431 sq ft) Mezzanine 60.76 sq m (654 sq ft) PRIME RETAIL UNIT

Transcript of (STRICTLY PRIVATE & CONFIDENTIAL – STAFF UNAWARE) … · 2020. 5. 21. · 0141 221 3500 (STRICTLY...

Page 1: (STRICTLY PRIVATE & CONFIDENTIAL – STAFF UNAWARE) … · 2020. 5. 21. · 0141 221 3500 (STRICTLY PRIVATE & CONFIDENTIAL – STAFF UNAWARE) LEASE FOR SALE 43 George Street, Edinburgh

0141 221 3500

(STRICTLY PRIVATE & CONFIDENTIAL – STAFF UNAWARE)

LEASE FOR SALE43 George Street, Edinburgh EH2 2HT

LocationEdinburgh is Scotland’s capital city, with a resident population of approximately 480,000 people and a regional catchment of over 1.6 million people. The city is widely regarded as a key political, administrative, legal and judicial centre, making it the UK’s largest financial centre outside of London. Edinburgh is further renowned for its exceptional tourist trade, attracting in excess of 3.5 million tourists on an annual basis. George Street has established itself as Edinburgh’s premier fashion and leisure location with numerous high quality fashion retailers and restaurateurs located here. The premises occupy a prime location on the north side of George Street, in the block bounded by Hanover Street and Frederick Street.

Nearby occupiers include Anthropologie, LK Bennett, Molton Brown and Phase 8.

DescriptionThe property comprises retail premises within a fully glazed shop front arranged over the ground and mezzanine floors of a four storey stone built building, under a pitched and slated roof.

AccommodationThe net internal areas are approximately as follows:

Ground Floor 225.86 sq m (2,431 sq ft)Mezzanine 60.76 sq m (654 sq ft)

PRIME RETAIL UNIT

Page 2: (STRICTLY PRIVATE & CONFIDENTIAL – STAFF UNAWARE) … · 2020. 5. 21. · 0141 221 3500 (STRICTLY PRIVATE & CONFIDENTIAL – STAFF UNAWARE) LEASE FOR SALE 43 George Street, Edinburgh

IMPORTANT NOTICEWhilst every effort has been made to ensure accuracy, no responsibility is taken for any error, omission or mis-statement in these particulars which do not constitute an offer or contract. No representation or warranty is made or given either during negotiations or in particulars by vendor, lessors or the agent. All figures are exclusive of rates, service charge, VAT and all other outgoings. January 2020.

PRIME RETAIL UNIT

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HANOVER

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ROSE STREET SOUTH LANE

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ROSE STREET

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ROSE STREET NORTH LANE

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GEORGE STREET

GEORGE STREET

THISTLE STREET SOUTH WEST LANE

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BUSES

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MISS SELFRIDGE

CLYDESDALE BANK

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FLOOR PLAN

LEASEThe existing lease runs until 2 November 2026. RENTThe passing rent is £215,000 pa. RATINGThe subjects are entered in the Valuation Roll as follows:Rateable Value £169,750 paRates payable approx. 2019 £85,893 pa PLANNINGThe premises trade under Class 1 retail use. EPCAvailable on request.

TERMS Offers are invited for the leasehold interest on the basis of an assignation. ENTRY DATE By agreement.

LEGAL COSTSEach party will be responsible for their own legal costs incurred in this transaction with the ingoing tenant being responsible for LBTT, registration dues and VAT incurred thereon. VIEWING & FURTHER INFORMATIONStrictly by appointment through the sole letting agent.

Stephen Gunn205 St Vincent StreetGlasgow G2 5QDT: 0141 221 3500M: 07747 733 301 E: [email protected]

(STRICTLY PRIVATE & CONFIDENTIAL – STAFF UNAWARE)

LEASE FOR SALE