At a glance
Incentives
About
Located across the road from thousands of office workers and just a short walk from thousands more on Queen's Road, this unit will become a thriving food and drink premises once a new occupier can be found.
It is also walking distance from several schools, including two of the city's private education institutions - all of which bring significant lunchtime trade.
The premises are currently held on a Full Repairing and Insuring Lease expiring 11 June 2033 at a passing rent of £50,000 per annum.
The rent is subject to a five-year review pattern, and there is a tenant only break on 11 June 2028.
The unit was occupied prior to the CV19 pandemic by Greggs and fitted out to its standard high street specification.
The annual rent on this property is £50,000 ex VAT, which may be applicable. The current annual rateable value is £35,500.
Location
The west end of Union Street is thriving once more thanks to two major Grade A office developments - the Silver Fin and the Capitol.
These offices are home to thousands of workers from companies including Shell, RSM Accountants and PwC.
There are three major car parks within short walking distance, and nearby occupiers include Six by Nico, Pret, Cruise, Pizza Express, Starbucks and Soul Bar. There are also a number of thriving independent retailers in this section of the street.
Additional Notes
If you are a Small to Medium Sized Enterprise (SME) you could also qualify for a Business Energy Scotland cash-back grant of up to £30,000 if you are installing energy efficiency or renewable heat measures.
