181/183 Morrison Street, Edinburgh, EH3 8DZ

Availability

Under Offer

Rent

Rent on application

Description

The property comprises a large double corner unit extending over ground and basement floors. The unit is currently in basic shell condition in need of some upgrading works, but has great potential to create a large single unit or alternatively could subdivide to create two units subject to demand.

Location

Edinburgh is the capital of Scotland and one of the fastest growing cities in the UK. Situated within the developing Haymarket area close to the main transport hub (Haymarket Railway Station and tram line) within the west of the city, the premises are located on a prominent corner location on Morrison Street/Grove Street in the block immediately to the east of M&G’s award winning Haymarket development comprising 390,000 sq ft of office space prelet to amongst others Baillie Gifford, Deloitte’s, Shepherd & Wedderburn, Shoosmiths and Dentons with a 349 bed Hyatt Hotel to open during 2025. Other major footfall generators within the immediate vicinity include The Edinburgh International Conference Centre, Haymarket Railway Station, The Leonardo Royal Hotel, The Exchange District with strong local retail and leisure occupiers in close proximity including Pomo, Fava, The Jolly Botanist, Malones (PH) and various local independent occupiers.

Key Points

  • Prime location adjacent to M&G’s new landmark Haymarket development
  • Rare large box opportunity extending to 4,231 sq ft at ground floor
  • Class 1 retail with restricted Class 3 potential
  • Option to subdivide

Lease Type

New Lease

Size

5,053 sq ft (469.00 sq m)

Rates

Year Rateable Value Rates Payable UBR
2023 £31,899 £15,885 49.8p/£

Accommodation

Area sq ft sq m
Ground floor 4,231.00 393.00
Basement 822.00 76.40

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