55 Bread Street, Edinburgh, EH3 9AH

Availability

To Let/May Sell

Rent

Year Rent per
2022 £17,000 pa

Description

The subjects comprises a retail premises arranged over the ground and lower ground floors of a 4 storey and basement mid terraced tenement building. The property comprises a front sales area, an upper and lower mezzanine, and usable basement accommodation containing tea prep and WC. The premises underwent a refurbishment in the last 5 years and benefits from infrared heating, shower facility and air-conditioning throughout.

Location

The property is situated on the north side of Bread Street close to the junction with West Port within the Tollcross district of Edinburgh’s City Centre. Bread Street acts as a thoroughfare between Lothian Road and the popular tourist spot of the Grassmarket and is close to Edinburgh Castle and Edinburgh’s College of Art. The refurbishment of the Hilton Doubletree has also boosted the area. It lies approximately 0.8 miles south of Princes Street and benefits from close proximity to the city’s Financial District. The area benefits from a mix of commercial and residential uses, and a considerable volume of passing vehicular traffic and footfall. Occupiers in the vicinity include: LDN Architects, Logan Property, Carnivàle Vintage, Bread Street Brasserie by Hilton, Main Point Books and Lovecrumbs Café.

Key Points

  • Located in City Centre, near historic Grassmarket
  • Substantial levels of pedestrian and vehicular traffic
  • Benefits from Small Business Rates Relief
  • Potential Class 2 office use (subject to consents)

Lease Type

New Lease

Size

836 sq ft (77.70 sq m)

Rates

Year Rateable Value Rates Payable UBR
2022 £5,400 £2,689 49.8p/£

Accommodation

Area sq ft sq m
Ground floor 238.00 22.10
Upper mezzanine 178.00 16.50
Lower mezzanine 121.00 11.20
Basement 297.00 27.60