Retail Investment – For Sale
99B,
Princes Street,
Edinburgh,
EH2 3AA
Offers In Excess Of,
£1,800,000
- Sizes:
- 1700 sqft,
- 157.93 ㎡
Type: Purchase
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Summary
- Prime position on Edinburgh’s principal retail pitch
- Key national occupiers in close proximity
- In excess of 14 years unexpired lease term
Location
Edinburgh has a resident population of in the region of 520,000 and is the largest financial centre in the UK outside London. The city benefits from having a highly educated population and is home to 4 universities. Edinburgh has a very strong tourist industry and hosts the Edinburgh International Festival annually, in addition to numerous concerts and international sporting events.
The property faces Edinburgh Castle and occupies a prime position on Princes Street, close to its junction with Frederick Street. The unit is flanked by Swatch to the east and by Swarovski and the 100 Princes Street Hotel to the west. Other key occupiers in the vicinity include Chrisholm Hunter, North Face, Boots and Primark.
Transport connectivity is exceptional with numerous bus services routed along Princes Street. The tram system lies immediately adjacent to the subjects and provides direct, cost effective connectivity to Edinburgh Airport. Waverley Station is located within a few minutes walk and provides access to the national rail network. Car parking is available on nearby George Street and within multi storey facilities at the St James Quarter to the east and Castle Terrace to the west.
Description
The subjects occupy the basement, ground and part mezzanine floors of a substantial four storey attic and basement mid terraced building.
The property benefits from a modern fully glazed frontage with central recessed glazed doorway. Internally the subjects are laid out to provide a sales area on the ground floor with office and storage on an upper mezzanine level to the rear. There is an extensive basement level providing further storage accommodation, and a single WC facility.
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Contact Details
Branch: EdinburghTelephone: 0131 624 6130
Email: ian.davidson@dmhall.co.uk
Agent Bio: View here