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Entire Townhouse, 55, Melville Street, New Town, Midlothian. EH3 7HL

Property Details
Agent Ref No: L000462
Category:
Type: Offices
Offer Type:
Price: 1,250,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2008-06-21
Size: 3743 sq. ft
Tenure:
Min Rental Size: Not Applicable
Property Status: Under Offer
More Than Business

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Description

Currently Under Offer This property is offered for sale Asking Price: Offers over £ 1,250,000 Last verified 20 May 2008 The owner is seeking offers in excess of £1,250,000 for their freehold interest in the property. Interested parties are advised to note interest with the selling agent in order to be kept informed of any closing date that is set. Please note, the owner need not accept the highest offer, nor indeed any offer on the property. All prices, premiums and rents are quoted exclusive but may be liable to VAT. Tenure - The property is held on a freehold tenure. Tenancy - The property is currently let on full repairing and insuring terms on the following basis: Lower Ground floor: Let to Platinum One at a passing rent of £10,000 expiring August 2008. Ground and first floor: Let to TDG at a passing rent of £33,674 expiring August 2008 Second and Third floor: Let to Abbey National Benefit Consultants Ltd at a passing rent of £26,215 expiring August 2008. The property has been sublet on a floor by floor basis and please note all tenants have been served notices to quit as per the leases in place. Further details are available upon application to the marketing agents.


Comments
The subjects comprise an entire self-contained mid terraced Victorian Townhouse building of solid stone construction under a part pitched and slated, part flat felt roof.
The accommodation is arranged over lower ground, ground, first, second and third floors and comprise cellular office space with relevant tea prep and WC facilities. The offices are fitted out to a high standard throughout.
Melville Street is located in the heart of Edinburgh’s West End Office district and is regarded as one of the most prestigious addresses in the City. The subjects are well located on the north side of the street, between the junctions of Walker Street to the east and Manor Place to the west.
The location provides easy access to Princes Street and the associated retail facilities, as well as Haymarket and Waverley Stations and the Exchange Financial district.
This area is an established office location with occupiers in close proximity include; Scottish Office, Japanese Consul, Barclays Capital and Johnston Carmichael.

Property Parts
Lower Ground Floor Office 788 Sq Feet
Ground Floor Office 763 Sq Feet
First Floor Office 892 Sq Feet
Second Floor Office 756 Sq Feet
Third Floor Office 544 Sq Feet
Total Area 3,743 Sq Feet

Features
Cellular Layout
5 Floors
Tea preparation facilities
Nearest Airport - Edinburgh Airport

Notice
Unless otherwise indicated, all information displayed is copyright © 2008 Scottish Property Network Limited.  Information provided, including information on any property identified as available for sale, lease or disposal can not be guaranteed accurate and should not be regarded as an offer to sell, lease, or otherwise dispose of that property.