107 George Street
Edinburgh, EH2 3ESThe Space
Prime Retail / Restaurant / Office Opportunity
At a glance
| Property Type | Other / Offices / Retail |
| Tenure | To Let |
| Size | 1,609 to 3,311 sq ft |
| Business Rates | £68,478 per annum This is for the ground floor only - First floor has been valued separately. |
| Energy Performance Rating | Upon enquiry |
Edinburgh
11 mins
Haymarket
15 mins
Slateford
46 mins
Kingsknowe
65 mins
Chesham
6023 mins
Amersham
6063 mins
Chalfont and Latimer
6083 mins
Chorleywood
6112 mins
Key Points
- Potential Retail, Restaurant or Office Use
- Prime Location
- Class 1A with Class 2 Consent for First Floor
- Highly Prominent Corner Position
Description
The subjects occupy a prime corner unit and are currently arranged over ground (retail) and first floor (office) levels. The subjects benefit from a modern fully glazed return frontage onto both George Street and North Castle Street offering fantastic prominence and visibility.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground - Sales | 1,609 | 149.48 | Available |
| 1st - Office | 1,702 | 158.12 | Available |
| Total | 3,311 | 307.60 |
The Location
Edinburgh is Scotland's capital city has a population of 507,000 and is one of the strongest retailing centres in the UK, dominating its catchment of 1.6 million. Edinburgh is the second most visited city in the UK with over 4 million visitors a year. George Street is one of Edinburgh’s principal retailing thoroughfares in the heart of the city centre.
The subject property occupies a highly prominent corner position on what is considered one of Edinburgh's most exclusive and prime retail pitches on the north side of George Street in the section bound by Frederick Street and Castle Street. George Street has developed into a vibrant mixed use destination, accommodating high quality retail and restaurant operators including Contini, Space NK, Whistles, Knoops, Hamilton & Inches, Victor Hugo Deli, The Spanish Butcher and Fazenda.
Lease
The premises are available on the basis of a new full repairing and insuring lease for a minimum of 10 years, subject to five yearly upward only rent reviews.
Planning
The premises benefit from having Class 1A consent. The first floor is available for use as a separate office under a Class 2 consent. Other uses may be available, subject to a change of use from the local planning authority.
