Office to let in Morrison Street, Edinburgh EH3, £18,500 pa

18,500.00 per month

Offer Nr.:
64985836
Type of ad:
to Rent
Property type:
Office to let
Contact name:
Allied Surveyors Scotland
Phone(s):
0131 268 9630

* Unfurnished
* Self - contained office premises in the heart of Edinburgh’s Exchange District
* Situated directly opposite the Edinburgh International Conference Centre
* Close to wide range of local amenities
* Available from mid - December 2023
* Approximately 72. 98 sq m (785 sq ft)
**Location
**
Morrison Street is located in Edinburgh’s financial district and is less than
a mile south of Princes Street. Haymarket Station is within comfortable
walking distance.
The property is located on the south side of Morrison Street, directly
opposite the Edinburgh International Conference Centre, close to its junction
with Gardener’s Crescent.
The surrounding area is predominately commercial in nature with occupiers
including Point A. Hotel, The Daquiri Restaurant, Slice of Greece and Pret A
Manger.
Multi - storey car parking is available on nearby Semple Street whilst there is
metered parking on Gardener’s Crescent.
**Description
**
The subjects comprise self - contained office premises forming the ground floor
of a traditional five storey tenement building contained beneath a pitched and
slated roof.
Internally, a large reception area leads through to a central corridor off
which there are four offices, three to the rear of the property and one to the
front. There is a small kitchen, store and toilet facilities including one
which is dda compliant. The entrance to the office is flat and level with no
step benefitting public wheelchair access.
Lighting is ceiling mounted fluorescent fittings set within a suspended
ceiling grid with carpet floor coverings. Heating is by wall mounted electric
radiators.
**Accommodation
**
According to our recent measurement survey the premises contain the following
approximate net internal area:
72. 98 sq m (785 sq ft)
**Rent
**
Our client is seeking rental offers over £18, 500 per annum to grant a new
lease.
**Lease terms
**
The premises are available for let from mid - December 2023 on full repairing
and insuring terms for a period to be negotiated.
**Rateable value
**
According to the Scottish Assessor’s website () the subjects have a Rateable
Value of £14, 900 effective 1st April 2023. The uniform business rate for the
current year is £0. 498 pence in the pound.
Occupiers may be eligible for 100% rates relief through the Small Business
Bonus Scheme if the combined rateable value of all their business premises in
Scotland is £35, 000 or less.
**Utilities
**
The property is served by mains electricity and water.
**Energy performance certificate
**
The Energy Performance Certificate rating is E.
A copy of the recommendation report is available on request.
**Legal costs
**
Each party shall bear their own legal costs with the eventual purchaser liable
for any LBTT and Registration Dues.
**Anti - money laundering
**
The Money Laundering, Terrorist Financing and Transfer of Funds (Information
on the Payer) Regulations 2017 came into force on 26th June 2017. This now
requires us to conduct due dilligence not only on our client but also on any
purchasers or occupiers. Once an offer has been accepted, the prospective
purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity
and residence and proof of funds for the purchase, before any transaction can
proceed.
**Entry
**
Upon completion of a formal missive under Scots Law.
**Viewing and further information
**
By contacting the sole letting agent:
Iain W. Mercer ba, AssocRICS
Director of Commercial Agency (East /
Bernadetta Majewska BSc (Hons)
Graduate Commercial Surveyor /

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)