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Page 1: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,
Page 2: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,

PRINCES STREET

Up to 40,000 sq ft of flagship retail space, located in the centre of Edinburgh’s world famous street.

Page 3: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,

The capital of Scotland and home to the famous Fringe and International festivals, Edinburgh draws visitors from all over the world.

The city has the most affluent population of any city in the UK outside London and the best educated of all UK cities.

The city’s retail offer is set to be enhanced with the forthcoming St James Quarter development. This 1.7m sq ft mixed use scheme is scheduled to complete in 2020 and will incorporate up to 850,000 sq ft of retail floorspace plus restaurants, cinema and residential units. The scheme will also bring a 5 Star W Hotel to Edinburgh. According to the developers, the St James Quarter is set to increase Edinburgh’s catchment market potential by an additional 20%.

Edinburgh

42%MORE AFFLUENT

ACHIEVERS THAN THE UK AVERAGE (32%)

29mRAIL PASSENGERS

HANDLED BY EDINBURGH STATIONS

IN 2018

1.9mFORECAST CATCHMENT AREA*

(*FOLLOWING ST JAMES OPENING)

2ndEDINBURGH IS THE

UK’S SECOND MOST VISITED CITY

£44.2kGVA PER CAPITA (2017)

SECOND ONLY TO LONDON

13.1%POPULATION GROWTH

FROM 2008 - 2018 (SECOND HIGHEST IN UK)

TOURIST EXPENDITURE OF

£1.85bn

IN 2017

2.0mOVERSEAS

VISITS IN 2017

4.6mTOURIST VISITS

IN 2017

GROSS DISPOSABLE HOUSEHOLD INCOME £21,837 - 10.4% HIGHER

THAN UK AVERAGE (2016)

EDINBURGH IS SCOTLAND’S CAPITAL AND HOME TO THE

SCOTTISH PARLIAMENT

EDINBURGH HOSTS THE LARGEST ARTS FESTIVAL

IN THE WORLD

HIGHEST EMPLOYMENT RATE OF ANY UK CITY

77.8%

EDINBURGH’S POPULATION PROJECTED TO INCREASE FROM

518K (2018) TO 583K (2041)

HIGHEST ANNUAL EARNINGS OF ANY

MAJOR UK CITY OUTSIDE LONDON

£32,182 (2019)

Page 4: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,

Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams, Boots, Next, Apple, Primark, Zara and H&M, alongside historic Jenners and the National Galleries of Scotland.

The street forms Edinburgh’s primary east to west bus route and is also the route for the Edinburgh Tram, connecting the city centre with Edinburgh Airport to the west. The main Princes Street tram stop is close to 64 Princes Street and Waverley Railway station is a short walk away.

Princes Street

Page 5: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,

N

ST ANDREWSQUARE

MULTREES WALK

LEITH ST

PRINCES ST

PRINCES ST

ROSE ST

ROSE ST

CHARLOTTESQUARE

THISTLE ST

QUEEN ST

HERIOT ROW

GEORGE ST

GEORGE ST HA

NO

VER

ST

FRED

ERIC

K ST

CA

STLE

ST

1. Hard Rock Cafe2. Le Monde3. The Dome4. Amarone5. Dishoom, Wagamama,

The Ivy, Vapiano, Gaucho, The Refinery

6. Hawksmoor7. Cafe Royal8. Tattu9. Forth Floor @ Harvey Nichols10. No1 Balmoral

11. Multrees Walk12. Waverley Mall13. Edinburgh St James

14. Edinburgh Grand15. Malmaison16. The Balmoral17. The Royal Scottish Academy

& National Gallery18. The Scottish National Portrait

Gallery

19. Waverley Station20. Tram route and stops

Key NeighboursR E S TA U R A N T S R E TA I L L E I S U R E T R A N S P O R T

1 2 34

5

61 4

78

1720

12

9

10

15

16

19

18

1311

(Proposed)

Page 6: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,

This stunning redevelopment will offer over 40,000 sq ft of prime retail space, situated in a prime spot opposite Princes Street Gardens, The Scott Monument, The Royal Scottish Academy and The National Gallery.

This section of Princes Street has the highest counted footfall of any location in Edinburgh by City of Edinburgh Council.

A Location to Admire

N E W I M A G E T O C O M E

Single flagship store option*

64 Princes Street forms part of a larger mixed use development of over 120,000 sq ft including an hotel, rooftop restaurant and Rose Street restaurants.

The retail space can be let as a single flagship store or sub-divided to create two major stores with a variety of sub-division options. The sub-division identified in the brochure is indicative at this stage and can be tailored to requirements.

Note: Sub-Division options subject to planning

Timing: Available Q3 2020

Flexible Flagship Space

* can be sub-divided (subject to planning).

Page 7: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,

161.55 m²1738.89 ft²

HOTEL APPROX GIA

271.20 m²2919.16 ft²

UNIT A APPROX GIA

63.82 m²686.95 ft²

RESTAURANT APPROX GIA

1,034 M²11,127 FT²

UNIT 1Escalator Void

Single Store Floor Plans

First floor

1196.94 m²12883.75 ft²

UNIT 1 APPROX GIA

388.67 m²4183.61 ft²

UNIT A APPROX GIA

152.98 m² 1646.69 ft²HOTEL APPROX GIA

Hotel Comms Room

Unit A Lift

Unit A Lift

12.44 m²133.95 ft²

HOTEL APPROX GIA

Escalator Void 1624.50 m²17486.02 ft²

UNIT 1 APPROX GIA

201.33 m² 2167.14 ft²Restaurant Approx GIA

Ground floor Basement

FIRST FLOOR

GROUND FLOOR

BASEMENT

TOTAL

FLOOR GIA

1,034 sq m

1,197 sq m

1,624 sq m

3,855 sq m

11,127 sq ft

12,883 sq ft

17,486 sq ft

41,496 sq ft

Page 8: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,

FIRST FLOOR

GROUND FLOOR

BASEMENT

TOTAL

FLOOR GIA

1,034 sq m

1,197 sq m

1,624 sq m

3,855 sq m

1196.94 m²12883.75 ft²

UNIT 1 APPROX GIA

388.67 m²4183.61 ft²

Unit A Approx GIA

152.98 m² 1646.69 ft²Hotel Approx GIA

Unit C Goods

5.09 m²54.74 ft²

Unit C Approx GIA

2.08 m²22.42 ft²

Unit C Approx GIA

Escalator Void

Sub-division Floor Plans

1,034 m²11,127 ft²

UNIT 1Escalator Void

271.20 m²2919.16 ft²

Unit A Approx GIA

686.95 ft²

Restaurant Approx GIA First floor

Unit 1

1624.50 m²17486.02 ft²

UNIT C APPROX GIA

201.33 m² 2167.14 ft²Restaurant Approx GIA

Ground floor Basement

11,127 sq ft

12,883 sq ft

17,486 sq ft

41,496 sq ft

Page 9: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,

PRINCES STREET

Page 10: PRINCES STREET - LoopNet...Edinburgh’s busiest retail location and one of the most iconic shopping streets in the world. Home to flagship high street stores such as M&S, Debenhams,

EYCO LLP and Cushman & Wakefield for themselves and the vendor and as agents for the vendor give notice that: (i) The particulars are set out as a general outline only for the guidance of intending lessees, and do not constitute an offer or contract; (ii) All descriptions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them and are advised to do so; (iii) No person in the employment of EYCO LLP or Cushman & Wakefield has any

authority to give representation or warranty whatsoever in relation to this property; (iv) All prices, rents and premiums quoted are exclusive of VAT at the current rate (August 2016).

EYCO, Waverley Gate, 2-4 Waterloo Place, Edinburgh EH1 3EG

Tel: 0131 226 2641www.eyco.co.uk

Ian G WhelanPartner

DDI: 0131 558 [email protected]

43-45 Portman SquareLondon W1A 3BG

Tel: 020 7935 5000www.cushmanwakefield.co.uk

Peter MacePartner

DDI: 020 7152 [email protected]