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| Agent Ref No: | L023555 |
|---|---|
| Category: | |
| Type: |
Retail - High Street |
| Offer Type: | |
| Price: | Not For Sale |
| Rent: | 18,000.00 per annum |
| Yield: | Not Applicable |
| Date Listed: | 2008-08-18 |
|---|---|
| Size: | sq. ft |
| Tenure: | |
| Min Rental Size: | Not Applicable |
| Property Status: | |
Insure this Building & Contents
From £1080.00*
* This is an indicative quote only, actual quote may vary
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This property is offered for lease Assignation on FRI terms Asking Rent: £ 18,000 Premium: £ 15,000.00 Last verified 21 July 2008 The property is currently held on lease until the 22nd of February 2017 at a passing rental of £18,000 per annum, with the next rent review at 23rd February 2012. There is a tenant only break option on 23rd February 2010 and the 23rd February 2013. Further lease details will be made available to seriously interested parties. Offers in the region of £15,000 are invited for the leasehold interest in the property. Further details are available upon application to the marketing agents.
Comments
The subjects comprise a multi-windowed lock-up retail unit that benefits from a Restricted Class 3 consent arranged over the lower ground floor of a substantial 4 storey and lower ground floor corner traditional stone-built Georgian town house building under a pitched and slated roof.
The subjects comprise a front cafe seating area, rear preparation and office, with 2 gallery areas and WC facilities. The subjects have been decorated to a very high standard and provide contemporary open plan gallery accommodation that could be converted into further seating for a cafe in a highly desirable part of town.
Internally the subjects comprise wood covered solid concrete floors, plasterboard lined walls under a plasterboard lined ceiling with modern pendant light fitments. The shop frontage is of single glazed timber framed design.
The kitchen area is similarly appointed and benefits from fully fitted kitchen apparatus with stainless steel appliances.
The subject property is located on the east side of Howe Street between the junctions of Northumberland Street to the South and Great King Street to the north within the New Town district of Edinburgh, situated less than ¼ mile to the north of the city centre.
Howe Street is a well established secondary retailing parade as well as being a main vehicular route which leads traffic into the city centre from the New Town and Stockbridge.
Neighbouring commercial occupiers in close proximity include Margiotta, Sally Hair and The Standard public house.
Property Parts
Cafe Area - Lower Ground Floor 435 Sq Feet
Kitchen Area - Lower Ground Floor 138 Sq Feet
Office - Lower Ground Floor 105 Sq Feet
Side Gallery - Lower Ground Floor 204 Sq Feet
Store - Lower Ground Floor 34 Sq Feet
Rear Gallery - Lower Ground Floor 337 Sq Feet
Total Area 1,287 Sq Feet
Features
Single Storey Layout
1 Trading Floor
1 Total Floor
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