TO LET / MAY SELL
9 SOUTH CHARLOTTE STREET Attractive Restaurant or Development Opportunity EDINBURGH NIA: 5395 sq ft EH2 2AU
LOCATION The property occupies an attractive location on South Charlotte Street, in close proximity to the brand new Jonnie Walker Visitor Centre. The subjects are situated within the heart of Edinburgh’s New Town by Charlotte Square and in close proximity to the West End of Princes Street . More specifically they are situated on the west side of South Charlotte Street in the block bounded by Rose Street to the north and Princes Street to the south forming part of Edinburgh’s popular West End bar and restaurant network. Nearby occupiers include the Principal Hotel, Shandwicks Public House, KFC, Pret A Manger, Waterstones, McDonalds and the new Johnnie Walker Visitor Centre.
Sheridan Property Consultants ORINSEN 9 SOUTH CHARLOTTE STREET EDINBURGH EH2 2AU
DESCRIPTION The subjects comprise the ground, first and basement floors of a traditional five storey Georgian mid-terraced townhouse. The property is of sandstone construction under a pitch and slate roof. The two upper floors (including attic) are in separate ownership and benefit from separate access. They are in use as residential flats.
INVERLEITH ROW
AD RO N ROYAL BOTANIC TO JOHNNIE WALKER PRINCES STREET IS R R GARDENS A PILRIG STREET The brand-new flagship Johnnie Walker visitor centre, W expected to open in late 2020/early 2021, is located just around the corner. This new venue is the centrepiece of MCDONALD ROAD Water of Leith BROUGHTON ROAD a £150 million investment by Diageo to transform their BRANDON ST RODNEY STREET
Scotch Whisky visitor experiences at distilleries around LEITH WALK
Scotland. The new Johnnie Walker Princes Street will GLENOGLE ROAD EYRE PLACE GRANGE EAST CLAREMONT STREET offer the ultimate whisky experience - from rooftop bars CRICKET CLUB HENDERSON ROW C OMELY and a flagship retail store to a variety of interactive toursBANK COMELY BANK AVE R EAST LONDON STREET AEBU LEARMONTH GROVE R FETTES ROW and exclusive tasting experience. N ELM ROW P U LA NION STREET LEARMONTH AVE C BROUGHTON ST E
LANE CUMBERLAND STREET The new visitor attraction will create between 160 and 180 US ST VINCENT ST HOWE ST C IR DUNDAS STREET ST STEPHENC ST full-time equivalent jobs and generate about £135m in LONDON ROAD ORCHARD BRAE GREAT KING ST tourism spend in the wider Edinburgh economy through LEARMONTH GDNS GLOUCESTER LANE the visitors it attracts to the city. Diageo isS LEARMONTH hoping GDNS to NORTHUMBERLAND STREET
YORK PLACE emulate the success of its Guinness Storehouse visitorDEAN PARK CRESCENT ST JAMES PL A C AY E centre in Dublin, which is Ireland’s number one paid-for R CENTRE O
QUEENSFERRY ROAD M HERIOT ROW tourist attraction, with 1.7 million visitors in 2017. EW Bus THISTLE ST ST ANDR Station QUEEN STREET HANOVER ST THISTLE ST GEORGE ST ALBYN PLACE HILL ST SQUARE C GEORGE ST REGENT ROAD AS ROSE ST NORTH BRIDGE T GEORGE ST L TE E LOT ROSE ST CALTON RD CHAR S PRINCES STREET QUEENSFERRY ST T ROSE ST THE MOUND erley UARE Wav SQ Station TE CANONGA PRINCES STREET ET E AD TR O S MELVILLE ST R OD R TE O ES YR H LOTHIAN ROAD C HIGH STREET HOL G E O SHANDWICK PLACE R Edinburgh Castle G C E A I S V T L B E R
T I D E R AR P R SSM KET G L A E R E G A
TORPHICAN ST CHAMBERS STREET S A
MAITLAND ST N NICOLSON STREET C
E L RT AD EST PO W MORRISON ST Y W EST COATES HAYMARKET TERRACE LA W
ST LEONARDS BREAD ST SO N SEMPLE ST ST Haymarket Station I ST O N P L A C E A U R 9 SOUTH CHARLOTTE STREET EDINBURGH EH2 2AU
ACCOMMODATION VIEWING The premises are arranged over the first, ground and Viewing strictly be appointment with the joint basement levels and comprise the following areas: agents: Ground Floor: 2,361 sq ft / 219 sqm First Floor: 1,221 sq ft / 113 sqm ORINSEN Basement: 1,813 sq ft /168 sqm Tom Forster T. 0131 374 1115 M. 07919 920 126 OPPORTUNITY E. [email protected] The property is being offered with vacant possesion as a fully fitted restaurant. It offers a purchaser the opportunity to relet or occupy as a Class 3 premises Andy Bain or reposition to an alternative use such as office or residenital, subject to obtaining the necessary T. 0131 374 1117 planning consents. M. 07770 524 977 E. [email protected]
RENTAL OFFERS/SALE PRICE Offers are invited to lease the premises on an FRI basis or alternatively to purchase our client’s heritable interest. Sheridan Property Consultants RATES Rateable Value: £101,500 Cathal Keane UBR (2019/20): £0.516 M. 07808 627224 Rates Payable: £52,374 pa E. [email protected]
PLANNING Greame Millar The premises benefit from having Class 3 consent. M. 07523 512804 E. [email protected]
EPC Available on request.
LEGAL COSTS Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
IMPORTANT NOTICE
Neither ORINSEN nor Sheridan Property Consultants, their clients and any joint agents give notice that: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves inde- pendently as to the incidence of VAT in respect of any transaction. Date of publication: June 2020