137 George Street, Edinburgh, Edinburgh, EH2 4JY

Availability

To Let

Rent

Rent on application

Description

The unit comprises a fully fitted restaurant unit over ground and basement levels within a traditional Georgian building plus single storey extension to the rear. The unit has been fitted out to a quality standard and most of the fixtures and fittings have been retained including kitchen, toilets, coldstore and extract in place. The ground floor has restaurant area, bar servery, fitted kitchen and a disabled toilet whilst the basement has male and female toilets, staff areas and extensive storage.

Location

Edinburgh has a population of 507,000 people and is one of the strongest retailing centres in the UK dominating this catchment of 1.6 million. It is also the most visited city in the UK after London with over 4 million visitors per year. Tourism provides a boost to the local economy of approximately £1b annually. George Street has established itself as Edinburgh’s premier fashion and leisure location with numerous high quality retailers and restaurants located here. The premises occupy a prime position at the west end of George Street close to Charlotte Square and close to the brand new Johnnie Walker Visitor Centre which is expected to open Summer 2021 in the West End of Princes Street. This new venue involves a £150m investment by Diageo to create a Scotch Whisky visitor experience comprising roof top bars, a flagship retail store and a variety of interactive tourist and tasting experiences. It is anticipated once open that this will be a significant new tourist destination within the city which will help further boost tourist and pedestrian numbers in this part of the city. Nearby occupiers include Las Iguanas, Browns, Gusto, Baba, Alexander Graham Bell (J D Wetherspoons), Tiger Lily, Candy Bar, Slug & Lettuce, Fazenda, Contini and many others.

Key Points

  • Fully fitted and licenced restaurant
  • Established licenced pitch
  • Prominent location within Edinburgh’s West End

Lease Type

New Lease

Size

2,812 sq ft (261.00 sq m)

Rates

Year Rateable Value Rates Payable UBR
2021 £103,500 £53,406 51.6p/£

Accommodation

Area sq ft sq m
Ground floor 1,498.00 139.00
Basement 1,314.00 122.00