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Part of a retail

Portfolio | NewRiver

Retail Units & Shops

Lothian

Edinburgh

property

Unit 37A, Gyle Shopping Centre - Picture 1

Let

Unit 37A Gyle Avenue, South Gyle Broadway, Edinburgh, EH12 9JY

Owned by

Use Class

Rent pa

POA

Market Sector

Shopping Centre

Landlord

NewRiver

Description

The subject unit is located in a 100% prime pitch within the Centre with other retailers in the vicinity including Boots The Chemist, O2 and Next.

The subject property comprises a retail unit arranged over ground floor level only.

Location

The Gyle Shopping Centre is located on the west side of Edinburgh, just off the city bypass, and in close proximity to the M8 and M9 motorways. The Centre provides 350,000 sq ft of retail accommodation and is anchored by Marks & Spencer and Morrisons, with other major tenants including Next, WH Smith, New Look and Gap. In addition, a new 60,000 sq ft Primark will be opening in the centre soon.

Accommodation

The subject property comprises a retail unit arranged over ground floor level only. The unit provides the following approximate dimensions and net internal floor areas:

Areas

Sq.Ft

Sq.M

Ground Floor

1,429

133

Additional Contacts

Asset Managers

Downloads

Brochure

Financial

Lease Type

New Lease

Lease Term

The subjects are available by way of a new Full Repairing and Insuring lease.

Costs

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

Service Charge

The current annual service charge payable is £11,980.

Rates

Rateable Year:

2014

Rateable Value:

£179,500.00

Rates payable:

£86,519.00

This Property is Part of a Shopping Centre

Gyle Shopping Centre

Gyle Shopping Centre is the principal retail location in the west of Edinburgh, boasting excellent connectivity with 2,800 free parking spaces, a dedicated tram stop and bus interchange. The centre is anchored by Marks & Spencer and Morrisons, drawing shoppers from the immediate catchment as well as West Lothian and Fife. The centre offers a diverse mix of community retailers, including Boots, Next, Waterstones, Costa Coffee, Bodycare, and Specsavers.

Savills

Disclaimer

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.