Location
The property is located on the North East corner of Charlotte Square, between George Street and Young Street and is therefore positioned in a prime location within Edinburgh City Centre. The property is adjacent to George Street and is a short walk to Princes Street and the West End, with numerous shops, bars, restaurants and coffee shops in the vicinity. In addition, the area is well serviced by public transport including bus and tram with Waverley and Haymarket Train Stations in easy walking distance. Nearby businesses include Peoples Postcode Lottery, Murray Capital, Lomond Capital, Dickson Minto WS and Hampden & Co.
Description
42 Charlotte Square is a Georgian sandstone mid-terraced Category A listed Townhouse under a slate roof located in one of Edinburgh's most sought-after addresses. The property provides a mix of cellular office accommodation across the first floor of a shared office townhouse. The accommodation retains a number of period features and has been finished to a high standard.
Accommodation
The premises are arranged over first floor level only and comprise the following approximate net internal areas:
Office 1: 367 sq ft / 34.10 sqm
Office 2: 209 sq ft / 19.42 sqm
Office 3: 106 sq ft / 9.85 sqm
Lease
The premises are available on a new full repairing and insuring lease.
Rent
We are seeking rental offers of £20,500 pa plus VAT.
Service Charge
These offices are liable for a service charge, dependent on the acquired office space.
Rates
The below rates are calculated as a total of the available office space. Each interested party should satisfy themselves on the rateable value with the appropriate authority.
Rateable Value: £14,100
UBR (2023/24): £0.498
Rates Payable: £7,022 pa
Planning
The premises currently benefit from Class 4 Consent under the Town & Country Planning (Use Classes) (Scotland) Order 1997.
EPC
An EPC report is 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.
Anti-Money Laundering Regulations.
In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time.
