Download - WEST REGISTER STREET
TO L E T 6 1 , 2 3 7 S Q F T G R A D E A O F F I C E S PA C E
W E S T R E G I S T E R S T R E E T
U N M AT C H E D I N L O C AT I O N A N D A R C H I T E C T U R A L D E S I G N 2 0 W E S T R E G I S T E R S T R E E T H A S I T A L L
2 0 W E S T R E G I S T E R S T R E E T
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Part of an award winning development and recently completed, the property provides 61.237 sq ft of Grade A office accommodation arranged over seven floors.
The double height reception area and the interior of the upper floors have been designed to meet the requirements of the modern office occupier whilst respecting the history of the building.
The development included integration of an 1860’s Venetian Gothic former warehouse building, located at 28 West Register Street, and the careful restoration of its decorative and intricate stonework and windows.
2 0 W E S T R E G I S T E R S T R E E T
AWA R D W I N N I N G O F F I C E D E V E L O P M E N T 0
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DESIGN YOUR OWN ENTRANCE
R E C E P T I O N
The reception was left as a blank canvas, allowing the tenant to create its own welcoming statement to 20 West Register Street. A capital contribution is available for the reception desk and floor tile finish.
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IMPRESSIVE VIEWS OVER EDINBURGH’S HISTORIC SKYLINE
P A N O R A M I C V I E W S
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CONTEMPORARY OFFICE FLOOR COMPLEMENTED BY UNIQUE HISTORICAL FEATURES
O P E N P L A N
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A CITY OF COMMERCE, CULTURE, INNOVATION AND INSPIRATION. 20 WEST REGISTER STREET SITS AT THE CENTRE OF IT ALL.
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E D I N B U R G H
EDINBURGH IS SCOTLAND’S CAPITAL CITY......and its principal financial and administrative centre, housing both the Scottish Parliament and the Scottish Government.
500,000 PEOPLEThe city has a population of over 500,000 people and a regional population of over 1.6 million within the Lothian, Fife and Scottish Borders catchment area.
MOST LIVEABLE CITYEdinburgh is the most liveable city in the UK for expatriates, according to new research. The Scottish capital is the only UK city in the top 20, ranking higher than London, Cardiff and Manchester.
SUSTAINABILITY, PROSPERITY, INCLUSIVITY Edinburgh has been announced as one of four cities to join a global movement of cities working towards sustainability, prosperity, inclusivity and resilience goals.
RANKED 5TH IN THE UKEdinburgh University is ranked 5th in the UK and 29th Globally. This leading institution is home to The School of Informatics with its global reputation for artificial intelligence and informatics.
LARGEST FINANCIAL SERVICES CENTREEdinburgh is the UK’s largest financial services centre after London and a major European centre for asset management and asset servicing. Scotland’s capital has also been at the forefront of the life assurance market for more than 200 years and remains a major banking centre.
AMONG THE WORLD’S MOST ECO-FRIENDLY TRAVEL DESTINATIONSEdinburgh has been named the UK’s most environmentally friendly destination, with researchers singling out biking opportunities, parks and vegan restaurants as reasons to pay a visit.
GLOBAL SOFTWARE AND TECHNOLOGY CENTREEdinburgh is a global software and technology centre and is home to the UK’s largest tech incubator Codebase and Codecan Digital Skill academy.
DIRECT FLIGHTSEdinburgh offers direct flights between Edinburgh Airport and over 150 Airports worldwide. Cities with direct flights include Paris, Oslo, Boston, Chicago, NewYork, Toronto to name a few.
ONE OF THE UK’S MOST COMPETITIVE LARGE CITIES
EDINBURGH IS ONE OF THE FASTEST GROWING CITIES IN THE UK AND ENJOYS THE STRONGEST CITY ECONOMY OUTWITH LONDON
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PERFECTLY PLACED, CENTRAL TO THE BEST THAT THE CAPITAL HAS TO OFFER
A M E N I T I E S
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O C C U P I E R S
IN GOOD COMPANYWEST REGISTER STREET LIES IN CLOSE PROXIMITY TO THE NEW ST JAMES DEVELOPMENT AT THE EAST END OF ST ANDREW SQUARE, BOUND BY PRINCES STREET TO THE SOUTH AND SOUTH ST ANDREW STREET TO THE WEST, IN THE HEART OF EDINBURGH CITY CENTRE.Many prominent retailers are located in the immediate vicinity, including Jenners and Harvey Nichols department stores, and a number of luxury brands within Multrees Walk including Louis Vuitton, Mulberry, Boss, Burberry, Max Mara and Kurt Geiger. In addition to the retail element, there are a number of well established restaurants including: Dishoom, Amarone, The Refinery and The Ivy, along with those forming part of the Registers development itself: Lady Libertine, Tattu, Hawksmoor and Franco Manca.
LOCAL OCCUPIERS1 Virgin Money & Rathbone2 Adam & Co.3 Royal London Asset Management4 Aberdeen Standard Investments &
Standard Life Aberdeen5 Royal Bank of Scotland Investment6 Baillie Gifford7 Glenmorangie8 Registers of Scotland9 SG Hambros, Santander &
Punter Southall10 Amazon, Creative Scotland,
Microsoft & NHS11 Regus12 Cadence Design & Thomson Reuters13 UBS, KPV & Places for People14 Edinburgh Council HQ15 Scottish Government16 Aberdeen Standard Investments17 NatWest
LOCAL AMENITIES1 John Lewis2 Multrees Walk3 Edinburgh St James4 Harvey Nichols5 Motel One 6 The Balmoral7 Waverley Mall8 House of Fraser Jenners Prince9 Travelodge10 Old Waverley Hotel11 Costa Coffee12 ibis Styles13 Malmaison14 Gleneagles in the City15 The Edinburgh Grand16 Premier Inn
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PUBLIC TRANSPORT
Tram Stops
E-bike Station
Waverley Station
Edinburgh Bus Station
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CATHEDRALLA
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NORTH ST ANDREW LANE
THISTLE
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ST ANDREW SQUARE
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REG
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ROSE STREET
YORK LANE
COCKBURN STREET
ELDER STR
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ST. JAMES PLACE
CALTON HILL
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MULTREES WALK
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PICARDY PLACE
YORK PLACE
QUEEN STREET
PRINCES STREET
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GEORGE STREET
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MARKET STREET
JEFFREY STREET
MARKET STREET
HIGH STREET
ST ANDREWSQUARE
EDINBURGH BUS STATION
QUEEN STREETGARDENS EAST
EAST PRINCES STREET GARDENS EDINBURGHWAVERLEY
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O C C U P I E R S
MAKE NEW CONNECTIONSSITUATED ADJACENT TO ST ANDREW SQUARE AND SECONDS FROM PRINCES STREET, THE BUILDING OFFERS UNRIVALLED CONNECTIVITY.
WALKING AND CYCLINGEdinburgh is known as an easily-walkable city, with 34% of residents travelling to work on foot and another 22% cycling.
The Just Eat Cycles scheme allows residents and visitors to hire pedal bikes and e-bikes from a series of locations around the City.
TRAINS AND TRAMSEdinburgh is well-connected by rail, with destinations to include Glasgow (42 minutes) and London (four hours 20 minutes). The city’s rail stations include Edinburgh Waverley and Haymarket, while Edinburgh Gateway and Edinburgh Park stations link the city centre with West Edinburgh and beyond to West Lothian and Fife.
The Edinburgh Trams connect Edinburgh city centre with Edinburgh Airport with halts including West End, Murrayfield Stadium, and Edinburgh Park. Development is currently underway to extend the trams northward to Newhaven via Leith Walk.
Train-tram interchanges are at Haymarket, Edinburgh Park, and Edinburgh Gateway.
ROADThe Edinburgh city bypass links directly to the M8 leading to Glasgow (one hour, 20 minute drive) and the A1 and A702 leading to London (both within a seven hour drive).
Seven park-and-ride facilities are located on the outskirts of Edinburgh, enabling visitors to leave their vehicles and travel into Edinburgh by bus.
Edinburgh has numerous public charging points for electric vehicles, along with a hydrogen refuelling station at Wallyford on the outskirts of the city.
There are a number of city centre car parking locations together with metered street parking.
AIREdinburgh Airport offers direct flights between Edinburgh and over 150 airports worldwide and all major UK destinations including London, Manchester and Leeds .
Cities with direct flights to and from Edinburgh include Paris, Amsterdam, Frankfurt, and Madrid in Europe; Boston, Chicago, New York, Philadelphia, and Toronto in North America; and Doha and Dubai in the Middle East.
Edinburgh Airport is linked to the rest of Edinburgh via the Edinburgh Trams and the Airlink/Skylink buses.
SEAEdinburgh is growing in popularity as a cruise destination. The Port of Leith has facilities for transit and turnaround cruise liners.
Port Edgar in South Queensferry offers 300 berths for boats of varying sizes, and there are plans for a new 427-berth marina at Granton Waterfront. Edinburgh is also close to the Rosyth Cruise Port Terminal.
LOCAL OCCUPIERS1 Aberdeen Standard Investments, and
Standard Life Aberdeen2 Royal Society of Edinburgh3 Royal Bank of Scotland Investment4 Virgin Money & Rathbone
Investment5 Royal London Asset Management6 Registers of Scotland7 Baillie Gifford8 Amazon, Creative Scotland,
Microsoft & NHS9 Glenmorangie10 Regus11 SG Hambros, Santander &
Punter Southall12 Computershare13 Adam & Co.14 Cadence Design & Thomson Reuters15 UBS, KPV & Places for People16 Scottish Futures Trust17 NatWest18 Aberdeen Standard Investments19 New Waverley Development and
Edinburgh City HQ
LOCAL AMENITIES1 John Lewis2 Harvey Nichols 3 Multrees Walk4 Edinburgh St James 5 Waverley Mall6 House of Fraser Jenners Prince7 The Balmoral8 Motel One 9 Malmaison10 The Edinburgh Grand11 Gleneagles in the City12 Travelodge13 Old Waverley Hotel14 Costa Coffee15 ibis Styles16 The Dome17 Scottish National Portrait Gallery18 Mercure Hotel19 Scottish National Gallery and
Royal Scottish Academy20 Hilton Edinburgh Carlton21 Motel One
PUBLIC TRANSPORTTram Stops
E-bike Station
Edinburgh Bus Station
Waverley Station
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THE EMERGING EAST SIDE
NEW WAVERLEY 7.5 acre site subject to major
development to include 190,000 sq ft of offices for HMRC and the Secretary of
State for Scotland. Three hotels, serviced apartments, retail and restaurant units
and 148 residential units.
EDINBURGH ST JAMES £850 m development by Nuveen and due for completion by 2021. Anchored by John Lewis the development will offer 850,000 sq ft of retail (including Next, Mango, Zara, Hackett and Stradivarius), restaurants and leisure, W hotel, Roomzz Apart-hotel and 6 screen Everyman Cinema to include significant residential accommodation (250 units).
ST ANDREW SQUAREAnchored by Aberdeen Standard Investments mixed use development comprising 110,000 sq ft of new build and occupied offices with ground floor accommodation let to Dishoom, Gaucho, Wagamama, The Ivy and TK Maxx.
4NORTH 4 North, off St Andrew Square. 40,000 sq ft of Grade A offices recently let to Computershare.
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GLENEAGLES HOTELEnnismore entering the city centre with Gleneagles Hotel which will offer 33 rooms together with bar and restaurant by April 2021.
MALMAISON HOTELMalmaison Hotel Group developed by S Harrison providing 72 rooms with Chez Mal Bar.
THE EDINBURGH GRAND Edinburgh Grand developed by Chris Stewart Group offering high end 50 bed serviced apartments with Hawksmoor, Lady Libertine and Cavefit gym.
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RAISED ACCESS FLOORLED LIGHTSMETAL SUSPENDED CEILINGSVRF AIR CONDITIONING
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F L O O R P L A N S
FLOOR SQ.M SQ.M TERRACES SQ.FT SQ.FT TERRACESSEVENTH 526.3 5,665
SIXTH 523.5 111.3 5,635 1,198
FIFTH 753.3 53.9 8,109 580
FOURTH 948.1 10,205
THIRD 967.5 10,414
SECOND 958.7 10,319
FIRST 888.6 9,565
GROUND 123.1 1,325
TOTAL 5,689.1 165.2 61,237 1,778
BASEMENT
GROUND
Cycle Racks
Lockers
Showers
Plant Area Plant Area
Plant Area
Reception
Building &FM Manager’s
Room
Plant Area
Cycle Entrance
DeliveryAccess
Door
SQ.FT1,325
The property has been measured independently by Plowman Craven in accordance with RICS Measurement 2nd Edition (Incorporating IPMS)
DESIGN AND LAYOUT
1ST FLOOR
9,565 SQ.FT
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3RD FLOOR
4TH FLOOR2ND FLOORSQ
.FT10,319
SQ.FT10,414
SQ.FT10,205
5TH FLOOR
8,109 SQ.FT
580 SQ.FT
TERRACE TERRACE
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TEA POINT WAITING AREA RECEPTION MEETING ROOMS BREAKOUT AREA LIFTS COMMS AREA PRINT ROOM PHONE BOOTH WC & ACCESSIBLE WC
2ND FLOOR WORK STATIONS: 180
HUB TEA POINT RECEPTION MEETING ROOMS BREAKOUT AREA LIFTS COMMS AREA PRINT ROOM WC & ACCESSIBLE WC PLANT AREA
7TH FLOOR WORK STATIONS: 72
SPACE PLANS
7TH FLOOR
SQ.FT5,665
6TH FLOOR
5,635 SQ.FT
1,198 SQ.FT
TERRACE
TERRACETERR
ACE
The indicative space planning layouts have been prepared pre COVID-19, and any occupier would be responsible for ensuring that prevailing Government guidelines and their own relevant policies are adhered to.
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ENJOY PANORAMIC VIEWS OF AN HISTORIC CITY FROM YOUR TERRACE
V I E W S
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GENERAL - 61,237 sq ft of Grade A offices over ground to 7th floors, including
reception
- 5 car parking spaces accessed by car lift
- 34 secure bicycle spaces, located within basement
- Country club style showers with lockers
- Comprehensive public realm improvements, including renewed surfaces, lighting and signage
- Pedestrianisation of part of West Register Street will have improved traffic management
DESIGN FEATURESThe premises have been designed and based on the British Council for Offices Guide providing Best Practice in the specification of Grade A offices, giving optimum comfort, flexible accommodation, energy efficient and sustainable design
- Sandstone, glazed curtain walling and precast concrete band finish to new build elevations on 1st to 5th floors
- Zinc rain-screen finish 6th and 7th floors
- South facing roof terraces at 5th and 6th floors
- Retained, restored Venetian façades with heritage glazing
- Double height reception entered via revolving door
- Office floor loads 3.5kN/sq m plus 1kN/sq m
- Office floor to ceiling heights 2.615m
- 100mm raised access floors
- High quality male and female WCs with accessible facilities
- Full Cat A provision with carpet and floor box allowances
BUILDING SERVICES - Floors 1 to 5 able to be sub-divided into two individual areas with
electricity metering
- Space heating and cooling – heating and comfort cooling by a refrigerant based 3-pipe VRF/VRV heat recovery system with a centralised automated control system
- Ventilation – 12 litres per second per person fresh air allowance based on an occupancy density of 1:10 sq m
- Automatic controls and Building Management System (BMS)– Direct Digital Control (DDC) system with front end monitoring from reception (or offsite) to allow central control and monitoring of the complete mechanical services installation
- General and emergency lighting – office lighting is high quality recessed modular LED luminaires with flexible lighting control system
- Standby generator to support the fire-fighting lift and life safety systems lift installation
- Lifts with 12 person capacity, DDA compliant and capable of integration with access control system
- A hydraulic car lift (max waiting time 30secs) between ground and basement programmable to the access control system
- Protective Installation– CCTV, intruder alarm and access control system to cover the perimeter of the office building at ground floor including all entrance and final exit doors
- Fully addressable high quality integrated fire detection system arranged for phased evacuation
SUSTAINABILITY - EPC B Rating
- BREEAM Very Good
S P E C I F I C A T I O N
NUTS AND BOLTS
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W E S T R E G I S T E R S T R E E T
The Agents for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the
guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and
necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or 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; (iii) no person in the employment of the Agents has any
authority to make or give any representations or warranty whatever in relation to this property. December 2020
LEASE TERMSOur clients are seeking to assign or potentially sub lease the entire accommodation which is held on a FRI lease for a duration of 15 years from November 2019, incorporating 5 yearly rent reviews to open market value. The passing rent is based on £34.53 per sq ft on the total floor area with £3,500 per car parking space.
SERVICE CHARGEThe landlord at present maintains the exterior of the demise to include window cleaning and other estate matters. A detailed breakdown on the proposed service charge budget and building handbook are available on request.
LEGAL COSTSEach party will meet their own legal costs incurred in any transaction. The assignee or sub-tenant will be responsible for any LBTT and registration dues.
VATVAT is chargeable on all rent, service charge and rechargeable costs associated with the lease and premises.
ENERGY PERFORMANCE CERTIFICATEThe property has an EPC rating of B, dated Sept 2019.
LOCAL AUTHORITY RATESThe demised office is awaiting assessment by the Lothian Valuation Joint Board following practical completion.
FOR ALL ENQUIRIESFor any more information or to discuss leasing options available please contact:
RYDENPeter I’Anson E peter.i’[email protected] T 0131 473 3233 M 07785 970 678
Iain Taylor E [email protected] T 0131 473 3264 M 07808 714 955
SAVILLSMike Irvine E [email protected] T 0131 247 3817 M 07919 918 664
Henrietta Wilson E [email protected] T 0131 247 3768 M 07718 275 571
0131 247 3800savills.co.uk/edinburghoffices