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Unit RU26, Ocean Terminal Shopping Centre Ocean Drive, Edinburgh, EH6 6JJ

£ 51,375 pa / 833 sq ft
EDINBURGH - Unit RU26, Ocean Terminal Shopping Centre, EH6 6JJ, Edinburgh - Picture 2020-07-15-10-41-41
Use Class

Use Class

E

Size

Size

833 sq ft

Rent pa

Rent pa

£51,375

Prime Shop Lease For Sale

  • High Tourist Footfall

  • 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. Ocean Terminal is located approx. 2 miles north of Edinburgh city centre extending to approx. 407,000 sq ft of retail and leisure space over three floor levels. The scheme is anchored by M&S, Debenhams, H&M and a 12 screen VUE Cinema. In addition the Royal Yacht Britannia which is docked at the scheme attracts 350,000 tourist visit per annum with a Whisky Distillery also due to open in 2020 which is expected to attract an additional 150,000 Tourist visits per annum. Other notable operators represented include White Stuff, Superdry, Pure Gym & Wagamama. The subjects are located in the main ground floor mall with nearby operators including Schuh, Waterstones, Card Factory and Holland & Barrett

Key Information

Viewing

Strictly by appointment.

Accommodation

833 Sq.Ft

The subjects comprise a modern retail unit arranged over ground floor area

Areas
Sq.Ft
Sq.M
Ground Floor
833
77.4

Financial

Lease Term

The property is held on a full repairing and insuring lease expiring 18th June 2021

Rent

Subject to contract, rental offers are invited in the region of £51375 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. £7,404 per annum.

Rates

Rateable Year:
2020
Rateable Value:
£32,000.00
Rates payable:
£15,680.00
UBR:
49p/£

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.

All data ©2024 Completely Property Technology Limited

This was last updated on 04/08/2023