Summary - 99B, PRINCES STREET EH2 3AA
1 bed 1 bath Retail Property (high street)
Prime Princes Street frontage facing Edinburgh Castle and major retailers
This prime Princes Street retail unit offers exceptional frontage and footfall on Edinburgh’s principal shopping pitch, directly facing Edinburgh Castle and adjacent to major national occupiers. The glazed modern frontage and open single-level sales floor (with mezzanine office and extensive basement storage) suit tourist-focused or branded retail operations seeking maximum visibility.
The property extends to approximately 1,700 sq ft and benefits from outstanding public transport links — tram adjacent, Waverley within minutes, and numerous bus routes — plus easy customer access to nearby car parks. The location in a high-profile retail cluster (Swatch, Swarovski, Boots, Primark nearby) supports strong rental prospects and consistent passing trade.
Notable finance and tenancy cautions are explicit: there are only about 14 years unexpired on the lease, which the seller highlights as a material concern. Many mortgage lenders are likely to refuse lending on a commercial lease with limited term remaining; buyers should verify lender appetite and plan for re-negotiation or lease extension. Tenure specifics are not provided and must be confirmed prior to offer.
Other practical points: there is no private outdoor space, and the unit occupies basement, ground and part mezzanine levels within a mid-terraced building. The area is described as very deprived in parts — footfall is strong due to tourism and commuting, but local socio-economic metrics should be considered by investors. The property is offered as a city-centre retail investment with strong location-driven upside, subject to lease and financing risks.
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