Part of a retail

Portfolio | NewRiver

Retail Units & Shops

Lothian

Edinburgh

property

Under Offer

Unit 61 Gyle Avenue, Edinburgh, EH12 9JY

Owned by

Use Class

E(a)

Size

835 sq ft

Rent pa

POA

Market Sector

Shopping Centre

Landlord

William Ewart Properties

Key Features

415,000 sq ft high quality shopping centre anchored by Marks and Spencer and Morrisons.
70 retail and kiosk units with other key tenants including Boots, Next, JD Sports, WH Smith, River Island, Superdrug, and Bank of Scotland.
2,600 free car parking spaces.
Dedicated stop on new Edinburgh tram route from Airport to City Centre.

Description

The subject unit is located in a 100% prime pitch within the Centre with other retailers in the vicinity including Barrhead Travel, Virgin Media, Clarks, Schuh and River Island.

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.

Accommodation

835 Sq.Ft

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:

835

77.6

Downloads

Brochure

Unit 61, Gyle Shopping Centre, Edinburgh - Brochure 2020-11-20-13-00-30

Financial

Lease Type

New Lease

Costs

Each party will be responsible for their own legal costs incurred in the transaction with the ingoing tenant to be responsible for any Stamp Duty Land tax, VAT and registration dues.

Service Charge

The current annual service charge payable is £7,853 (approx).

Tenure

Leasehold

Rates

Rateable Year:

2020

Rateable Value:

£51,100.00

Rates payable:

£26,368.00

UBR:

51.6p/£

Sustainability

Energy Performance Certificate

Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

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.

Lambert Smith HamptonSavills

Disclamier

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.

Marketed by