138 Rose Street, Edinburgh, EH2 3JD
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Overview
| ID: | #7106 |
|---|---|
| Price: | £ 30,000.00 |
| Type: | Retail |
| Contract: | To Let |
| Location: | Edinburgh City Centre |
| Area: | 730 SQ FT |
| Download Property Schedule (pdf) | |
- Prominent retail unit within heart of Edinburgh city centre
- Prime pedestrianised street with high foot fall
- Ground and basement totalling NIA 730 sqft
- Offers of £30,000 per annum invited
LOCATION
Edinburgh, a UNESCO world heritage city, and Scotland’s capital city is located approximately 400 miles north of London and 45 miles east of Glasgow. It is a key political, legal and judicial centre and is the second largest financial centre in the UK. The city has a population of approximately 525,000 and a regional catchment of around 1.6 million people. Edinburgh has a diverse economy with more FTSE 100 companies located there than any other city in the UK, outside of London. Edinburgh has a booming tourist industry and one of the fastest growing airports in the UK with over 200 direct routes.
More specifically, the property is located on the south side of Rose Street, in the block bounded by Castle Street and Frederick Street. This is within the heart of Edinburgh’s thriving city centre. The subjects neighbours an excellent mix of national and established occupiers including Tiso, Timpsons, Ecco, Rogerson Shoes and numerous bars and restaurants.
DESCRIPTION
The property comprises an attractive ground floor retail unit of a traditional three storey building of brick construction under a pitch and slate roof. The property has a main ground floor sales area, rear sales, ancillary basement storage and a WC. The property has LED downlighters, vinyl flooring and benefits from security roller shutters.
ACCOMMODATION
The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and we estimate the Net Internal Area to be as follows:
Ground Floor 51.53 sqm (555 sqft)
Basement 16.26 sqm (175 sqft)
Total NIA 67.79 sqm (730 sqft)
LEASE TERMS
The property is available on full repairing and insuring terms for a minimum of 5 years.
RENT
Offers of £30,000 per annum exclusive of VAT are invited.
RATEABLE VALUE
We are advised by the Rates Authority that the rateable value of the subjects with effect from 1 April 2026 is £28,500. Based on the basic property rate of 48.1p, this will result in an estimated rates liability in 2026/2027 of £13,709. Each new occupier has the right of appeal against this figure.
EPC
Can be provided to interested parties.
DATE OF ENTRY
By arrangement
ANTI-MONEY LAUNDERING
Under HMRC and RICS regulations, as property agents facilitating transactions, we are obliged to undertake AML due diligence for both the purchasers / tenants and vendors / landlords involved in a transaction. As such, personal and/or detailed financial and corporate information may be required before any transaction can condlude.
LEGAL COSTS
Each party shall be responsible for their own costs; however, the ingoing tenant shall be responsible for any registration dues, Land and Buildings Transaction Tax (LBTT) and any VAT payable thereon.
VIEWING
Viewings strictly by appointment with the sole letting agent.
John Morton
0131 226 6287
Angus Thomson
0131 226 6287
