To Let

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Let Agreed
Office
3 Charlotte Street Lane, Edinburgh, EH6 6AY
Tenure: To Let
Size: 970 sq ft (90 sq m)
Rent: £12,000 Per Annum
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Key Features

  • Attractive first floor office suite
  • Benefits from two partitioned offices/meeting rooms
  • Only a short walk from new 'The Shore' tram stop and local amenities
  • Qualifies for 100% business rates relief
  • Approximately 90.09 sq m (970 sq ft)

The subjects comprise an attractive first floor office suite accessed by a spiral staircase off a contemporary entrance hallway.  It forms part of a multi-tenanted, three storey and attic building of stone construction.

The accommodation provides a mixture of open plan space together with two partitioned offices and a store.  The office benefits from existing CAT 5 cabling.

In addition, there is a small tea prep and a WC compartment in the suite.

The Leith area of Edinburgh lies approximately 4 miles north of the city centre.

The subjects are situated on Queen Charlotte Lane which lies to the south of Queen Charlotte Street only a short distance from its junction with Constitution Street.

Public transport and parking is widely available and will be further enhanced with the opening of the tram extension due to open summer 2023.

Accommodation

According to our recent measurement survey the premises contain the following approximate net internal area:

90.09 sq m (970 sq ft)

Rent

Our client is seeking £12,000 per annum to grant a new lease.

Lease term

The subjects are made available on the basis of a new internal repairing and insuring (IRI) lease for a term to be negotiated.

Rateable value

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £10,000 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 gas, electricity and water.

Legal costs

Each party shall bear their own legal costs with the eventual tenant 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.

Iain W. Mercer

Head of Commercial Agency - Scotland
Email
07713 626 887
Bernadetta Majewska

Associate Director | Commercial Valuation and Agency Advisory
Email
07511 499 420
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