20 Hanover Street, Edinburgh, EH2 2QW

Availability

To Let

Rent

Rent on application

Description

Prime city centre unit with restaurant potential. The subjects comprise a grand former banking hall arranged over ground, basement, first and second floors.

Location

Hanover Street forms one of the major retailing locations in the heart of Edinburgh’s City Centre. The subjects occupy a highly prominent location on the west side of Hanover Street in the block between Princes Street and George Street, close to Edinburgh’s main shopping thoroughfare of Princes Street. Hanover Street is located in very close proximity to St Andrew Square at the east end of the City Centre, which has recently witnessed the creation of a new vibrant leisure hub, including Dishoom, The Refinery, Gaucho, The Ivy on the Square, Vapianno, Wagamama and Wahaca, with additional occupiers proposed including a Private Members Club comprising several bars, lounges, restaurants and events space to be run by Gleneagles Hotels, along with The Registers which will comprise a number of new and exciting restaurant brands including Hawksmoor, Franco Manca and Carluccios. This will form an important link to the redevelopment of the St James Shopping Centre, which is programmed to open in Quarter 3 in 2020.

Lease Type

New Lease

Size

6,043 sq ft (561.00 sq m)

Rates

Year Rateable Value Rates Payable UBR
2018 £112,750 £55,474 49.2p/£

Accommodation

Area sq ft sq m
Ground floor 2,956.00 274.00
Basement 1,972.00 183.00
First floor 531.00 49.30
Second floor 584.00 54.30