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45 York Place

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Edinburgh EH1 3HP MidlothianScotland
Ref: 3393

  • Size 2,685.00 - 3,523.00 ft² (249.44 - 327.30 m²)
  • Price: £600,000
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Rhys Davies

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Geoffrey Scott

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Description

Description

> Development Opportunity
> Part income producing
> Key location
CLOSING DATE FOR OFFERS SET - WEDNESDAY 6TH FEBRUARY AT 2PM

Specification

45 York Place is a grade B listed townhouse arranged over 5 floors. The ground, first, second and third floors are vacant and would suit as an owner occupied office or alternative uses subject to planning. The office accommodation requires a degree of modernisation.
Internally, the premises provide self-contained cellular office accommodation with ancillary kitchen, bathroom and store facilities. Heating is delivered via electric panel storage units and lighting via a combination of suspended pendant light fittings and wall mounted uplighters on the lower floors and fluorescent strip lighting in some of the upper floors. The walls are generally painted or wall papered and floors are of timber construction.
The lower ground floors are currently let as a hairdressing salon and benefits from dedicated access from York Place.

Tenure

Offers for the heritable ownership of the building as a whole, or in part, are invited.
The lower ground elements are let to Cheynes Management Limited on an annual rent of £12,500. The lease terminates on the 25th June 2031. The lease commencement date was 25th June 2016. There is a tenant break option every 5 years throughout the duration of the lease. There is an open market rent review every 3 years.
A copy of the lease can be provided to interested parties on request.

Accommodation

FloorNIA (Sq m)NIA (Sq ft)Tenure
Basement70.60760Let to Cheynes
Shopfront upper level7.2578Let to Cheynes
Ground floor61.96667Vacant
First floor73.48791Vacant
Second floor68.93742Vacant
Third floor45.07485Vacant
Total327.293,523-

Viewings

Strictly by appointment of the sole selling agents.

EPC

The property has an EPC rating of G


Whole Building

Transport Information

Energy Rating

Energy Rating

Contact
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Rhys Davies
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Geoffrey Scott
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JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:-
a. the particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
b. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
c. no person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
d. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.
For properties in Scotland:
e. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law
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