85-87 Rose Street, Edinburgh, EH2 3DT

Availability

To Let

Rent

Year Rent per
2022 £40,000 pa

Description

The property is a Category C listed end-terraced Georgian building arranged over basement, ground and three upper levels. The property is of traditional sandstone construction with a pitched and slate covered roof. Internally the subjects are laid out to provide a main retail area together with rear kitchen/staff facilities. The basement provides a WC and additional storage space.

Location

Rose Street runs parallel to George Street and Princes Street linking South Charlotte Street at the west end with South St Andrew Street at the east end. It is now fully pedestrianised and a busy retail and leisure destination within the city centre. The street accommodates a number of bars, restaurants and retail units occupied by a mixture of local, national and speciality traders. The street enjoys significant footfall but much lower occupational costs than the likes of Princes Street, George Street and the streets that run perpendicular to it. The properties are situated within the block bounded by Castle Street to the west and Frederick Street to the east. The block is considered to be the prime stretch of Rose Street and other occupiers within this stretch include ECCO Shoes, Fly London, Tiso, Timpsons, Latitude Coffee and Element Cocktail Bar. The subjects are situated on the north side of the street and back onto Rose Street North Lane where access and rear servicing is available.

Key Points

  • Prominent retail unit in high footfall location
  • Subject to Vacant Possession - October 2022

Lease Type

New Lease

Size

1,165 sq ft (108.00 sq m)

Rates

Year Rateable Value Rates Payable UBR
2022 £44,000 £21,912 49.8p/£

Accommodation

Area sq ft sq m
Ground floor 574.00 53.30
Upper ground floor 174.00 16.20
Basement 417.00 38.70