3 Shandwick Place, Edinburgh, EH2 4RR

Availability

Under Offer

Rent

Year Rent per
2019 £17,500 pa

Description

The unit is located on the southern side of Shandwick Place at the west end of Princes Street, next door to the Ghillie Dhu and City Rooms & Suites. The street has a high level of pedestrian activity with nearby occupiers including Greggs, Ask Italian, Barburrito and Holland & Barrett. The unit is arranged over ground floor only.

Location

As the capital of Scotland and home to the famous Fringe and International Festivals, Edinburgh draws visitors from all over the world. The city’s population is expanding with approximately 495,000 inhabitants, as well as a primary catchment population of 1.5 million. Edinburgh is also the most affluent of any city in the UK outside London. Shandwick Place is a continuation of Princes Street in a westerly direction to Haymarket Train Station. The busy thoroughfare has benefitted from the new tram system with the “West End” tram halt located next to the subject property. The subjects are located within close proximity to the proposed Johnnie Walker Whisky Experience development, which is part of a £185 million investment.

Lease Type

New Lease

Size

460 sq ft (42.70 sq m)

Rates

Year Rateable Value Rates Payable UBR
2019 £16,000 £7,840 49p/£