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Unit 22, The Gyle Shopping Centre The Gyle Shopping Centre, Edinburgh, EH12 9JY

£ 172,000 pa / 1,120 sq ft
EDINBURGH - Unit 22 The Gyle Shopping Centre, EH12 9JY, Edinburgh - Picture 2020-07-15-10-15-57
Use Class

Use Class

E

Size

Size

1,120 sq ft

Rent pa

Rent pa

£172,000

Prime Shop Lease For Sale

  • Close proximity to M&S

  • Strong Adjacencies

  • Incentives Available (subject to status)

Edinburgh is Scotland’s capital city, acting as the administrative and financial capital of Scotland. The city benefits from a resident population of approximately 480,000 persons, although draws on a wider catchment of c. 1.6m persons. In addition, the city is a global tourist destination and is the second most visited city in the UK after London, attracting some 4m tourists per annum. The Gyle Shopping Centre is located approx. 6 miles west of the city centre, just off the Edinburgh city bypass. The scheme extends to circa 350,000 sq ft of enclosed retail space and having recently undergone a £2.5 million refurbishment attracts annual footfall in the region of 11 million persons per annum. Anchored by M&S and Morrisons the scheme has car provision for 2,800 car parking space. The subjects are situated towards the western end of the mall in close proximity to M&S, Schuh, River Island, Trespass and Starbucks.

Key Information

Viewing

Strictly by appointment.

Accommodation

1,120 Sq.Ft

The subjects comprise a modern retail unit arranged over ground floor

Areas
Sq.Ft
Sq.M
Ground Floor
1,120
104

Financial

Lease Term

The property is held on a full repairing and insuring lease expiring 4th October 2022

Rent

Subject to contract, rental offers are invited in the region of £172000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service charge

Latest service charge expenditure for the current financial year is approx. £9,755 per annum

Rates

Rateable Year:
2020
Rateable Value:
£91,900.00
Rates payable:
£47,421.00
UBR:
51.6p/£

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 04/08/2023