FOR SALE Retail Investment

• OUTSTANDING CITY CENTRE

INVESTMENT OPPORTUNITY

• TENANTS INCLUDE BRORA &

BERKETEX BRIDE

• HIGH QUALITY RETAIL

LOCATION

• REAR CAR PARKING

48, 48A Frederick Street & Hill Street Lane South

EDINBURGH EH2 1EX

50 metresFor more information on our products and services:www.experian.co.uk/goad | goad.sales@uk.experian.com | 0845 601 6011

Edinburgh - Princes Street

Experian Goad Plan Created: 01/12/2015Created By: Links Commercial Property Consultants

Copyright and confidentiality Experian, 2015. © Crown copyright and database rights 2015.Ordnance Survey 100019885

48, 48A Frederick Street & Hill Street Lane South,

EDINBURGH

LocationEdinburgh is the capital of Scotland and a World Heritage city. Current residential population is approximately 500,000 and a catchment in excess of 1.5 million. The city is the administrative and financial capital of Scotland.

A diverse local economy with a wide range of business services including an international centre for banking, and an internationally renowned centre for universities including Edinburgh University and Heriot Watt University.

Edinburgh is an all year round centre for tourism with events including the annual Edinburgh International Festival, Edinburgh Fringe and New Year celebrations.

The city has excellent communications with links by road and rail to all major cities. Edinburgh International Airport is a fast growing airport with regular services to London and a number of major European destinations.

SituationThe subjects are situated on the west side of Frederick Street, between George Street and Hill Street. The Goad trader’s plan shows the location in red colour.

The location is attractive to upmarket retailers including Pakeman Cato Carter, Charlie Miller, Toni & Guy, Café Rouge and Eteaket.

This location benefits from the proximity of George Street, the most popular location for quality retailing in Scotland, including outlets for Hollister, Fat Face and Laing Jewellers nearby.

50 metresFor more information on our products and services:www.experian.co.uk/goad | goad.sales@uk.experian.com | 0845 601 6011

Edinburgh - Princes Street

Experian Goad Plan Created: 01/12/2015Created By: Links Commercial Property Consultants

Copyright and confidentiality Experian, 2015. © Crown copyright and database rights 2015.Ordnance Survey 100019885

DescriptionThe buildings are of a traditional stone built construction under pitched and slated roofs.

The shops comprise ground and basement premises to front, plus extensions to rear.

The property comprises two traditional shops trading as Brora and Berketex Brides, a double garage let to Hamilton & Inches and an open car space let to R&G International Trading.

48A Frederick Street – Berketex BridesGross Frontage 3.59m 11.9ft

Ground Floor Sales 48.70 sq m (524 sq ft)

Basement Stores 48.60 sq m (523 sq ft)

TOTAL 97.30 sq m (1047 sq ft)

ITZA 470

Accommodation

48 Frederick Street – Brora Gross Frontage 4.94m 16.3ft

Ground Floor Sales 97.80 sq m (1053 sq ft)

Basement Stores 99.60 sq m (1072 sq ft)

Upper Floor Rear Staff/ Office

14.80 sq m (159 sq ft)

TOTAL 212.20 sq m (2284 sq ft)

ITZA 829

3 Hill Street Lane South – Hamilton & Inches

• 2 lock up garages.

3B Hill Street Lane South – R&G International Trading Ltd

• Single car space

LeaseThe subjects are let to two retailers, a double garage and car space. The total rent roll is £82,500 pa. For ease of reference a table with tenancy and rental details are shown below:-

Address ITZA Lease Start Lease Exp Break Options

Rent (£) Zone A (£) Next Rent Review

48 Frederick St 829 04.06.09 03.06.29 05.06.24 46000 55.49 04.06.19

48A Frederick St 470 13.01.06 13.01.21 - 28500 60.63 14.01.16

3 Hill St Lane - 25.11.99 30.11.02 - 6000 - -

3B Hill St Lane - 03.08.09 09.08.14 - 2000 - -

Covenants

Company Creditsafe Rating

Brora Ltd 67 (low risk)

Bridal Fashions Ltd (T/A Berketex Brides) 9 (high risk)

Hamilton & Inches Ltd 67 (low risk)

R&G International Trading Ltd 30 (moderate risk)

PlansLayout plans are available.

PlanningThe property is Category B Listed and is located within Edinburgh New Town Conservation Area.

TenureHeritable (Scottish equivalent) of Freehold.

Investment Considerations

• The city centre is a dynamic and diverse area for both office occupiers and retailers;

• Low supply of retail investments in city centre;

• All year round strong trading, supported by high levels of visitors throughout the year;

• Strong growth potential - prime George Street is £175 ZA

MISREPRESENTATIONLinks CPC LLP give notice to anyone who may read these particulars as follows1 These particulars are prepared for the guidance only of prospective tenants or purchasers. They are intended to give a fair overall description of the property but are not intended to constitute part of an offer or contract.2 Any information contained or referred to herin(whether text plans images) is given in good faith but should not be relied upon as being a statement of representation of fact.3 Nothing in these particulars shall be deemed to be that the property is in good condition, or otherwise, nor that any services or facilities are in good working order.4 The images appearing in these particulars show only certain parts of the the property at the time when the images were taken. Certain aspects may have changed since the images were taken and it should not be assumed that the property remains precisely as displayed in the images. Furthermore no assumptions should be made in respect of parts of the property which are not shown on the images.5 Any areas ,measurements or distances referred to are approximate .6 Where there is reference in these particulars to alterations being carried out ,or that a particular use is made of any part of the property, this is not intended to be a statement that any necessary planning ,building regulations or other consents have been obtained and these matters should be checked by an intended tenant or purchaser.7 Descriptions of property are subjective and the descriptions herein are given in good faith as an opinion and not as a statement of fact.

OpportunityThis is a rare opportunity to acquire quality retail space and car parking within the city centre.

The shops provide elegant space, well configured for fashion and fashion related merchandise.

ProposalWe are instructed to seek offers in excess of £1.2 million.

We estimate that a purchaser at this level will provide a net initial yield of 6.5% after purchaser’s costs.

Energy Performance Certificate

Address EPC Rating

48 Frederick Street G

48a Frederick Street G

VATWe are advised that the subjects are not registered for VAT.

Viewing & Further ParticularsApply Sole Selling Agents. Strictly by appointment only.

David MatthewsLinks CPC16 Forth StreetEDINBURGH EH1 3LH

Tel: 0131 550 3779Email: david@linkscpc.co.uk Details prepared:February 2016

48 Frederick Street 48a Frederick Street

Car space & double garage, Hill Street Lane North