The Pavilion Brochure

www.newwaverley.com
SPECTACULAR NEW
RETAIL/RESTAURANT
OPPORTUNITY
THE PAVILION BUILDING
SUITABLE FOR A WIDE VARIETY OF USES INCLUDING
BAR/RESTAURANT | MICROBREWERY | ART GALLERY
AND MANY MORE
THE BOOMING
EPICENTRE OF
EDINBURGH’S
EASTERN QUARTER
Located in the Old Town the Pavilion Building & Kiosk/Terrace will form the most
western part of New Waverley, a signature mixed use development and vibrant
new destination.
–Prominent corner location
–Adjacent to 19 historic arches converted to retail/leisure use available for
occupation from October 2015
–Just off the Royal Mile, which attracts over 4 million people annually
–Close to Waverley Station with over 26 million passengers annually
–Immediately adjacent edinburgh city council headquarter offices
A BRILLIANT, VIBRANT
AND BUSTLING
NEIGHBOURHOOD
In an area awash with life and colour there really is something unexpected and
interesting around every corner. Historic sites, visitor attractions, museums and art
galleries abound and the Royal Mile and its wynds and closes are peppered with
cafés, restaurants, bars and specialty shops. The area is a magnet for tourists and
visitors alike and is about to become even better with the arrival of New Waverley,
Edinburgh’s exciting new destination.
Elevational Treatment © Zone Architects 2013
INSPIRATIONAL
ONE OFF RETAIL
/ LEISURE SPACE
THE PAVILION BUILDING, ONCE COMPLETE, WILL PROVIDE
A GLAZED BUILDING OF MODERN ARCHITECTURAL DESIGN
ARRANGED OVER GROUND AND MEZZANINE LEVELS, PROVIDING
A FANTASTIC “FLAGSHIP” OPPORTUNITY FOR THE APPROPRIATE
OCCUPIER. THE UPPER LEVEL OF THE PAVILION WILL HOUSE A
KIOSK WITH TERRACE LOCATED OFF JEFFREY STREET WITH A
VIEWING PLATFORM OVERLOOKING THE CITY TO THE NORTH.
PAVILION BUILDING
SPECIFICATION
GROUND FLOOR (EAST MARKET STREET)
9,235 Sq ft
856 Sq m
MEZZANINE / 1ST FLOOR
4,520 Sq ft
420 Sq m
PAVILION TERRACE
4,197 Sq ft
390 Sq m
371 Sq ft
34 Sq m
JEFFREY STREET KIOSK
EAST MARKET STREET
The design of the pavilion building is flexible at this stage and specific occupational
requirements may be able to be incorporated into the building as part of the
construction process.
EAST MARKET STREET
EAST MARKET STREET
NEW
ROOFTOP
TERRACE
STUDIO/
RETAIL
STUDIO/
RETAIL
A
CR
STUDIO/
RETAIL
N
TO
T
N
TO
E
RE
ST
NS
T
ET
RE
ST
E
RE
ST
ON
ST
AN
CR
STUDIO/
RETAIL
A
CR
STUDIO/
RETAIL
NS
STUDIO/
RETAIL
STUDIO/
RETAIL
JE
FF
RE
Ground Floor Pavilion Building
Mezzanine / 1st Floor
YS
TR
EE
T
Jeffrey Street Kiosk / Terrace
15
23
9
33
30
37
29
18
14
11
32
28
17 4
27
12
31
PAVILION
BUILDING
& KIOSK
34
35
1
5
8
26
3
2
25
16
7
6
20
21
22
13
24
36
10
New Waverley Boundary
19
HOTELS
RESTAURANTS
RETAIL
LEISURE
1
Premier Inn
9
The Glasshouse Hotel
16
Wedgewood
24
Ondine
27
Jenners
33
Omni Centre
2
Hub by Premier Inn
10
Holiday Inn Express
17
Balmoral
25
Hemma
28
Apple
34
The Royal Scottish Academy
3
Adagio Aparthotel
11
George Hotel
18
Harvey Nichols
26
La Garrigue
4
Balmoral Hotel
12
Ramada Mount Royal
19
The Witchery
5
Scotsman Hotel
13
Missoni Hotel
20
6
Radisson SAS
14
Thistle King James Hotel
21
7
Carlton Highland
15
Holiday Inn Express
22
The Holyrood 9A
8
Jurys Inn
23
21212
29
Harvey Nichols
35
The National Galleries of Scotland
30
Multrees Walk
36
Edinburgh Castle
Angels with Bagpipes
31
Princes Mall Shopping Centre
37
Calton Hill & City Observatory
David Bann
32
St James Shopping Centre (John Lewis)
THE PAVILION
Office – 160,000 sq ft
Residential – 148 apartments
Retail – 28 units
Hotel
Premier Inn – Complete by late Autumn 2016
127 beds
hub by Premier Inn – Complete by late Autumn 2016
121 beds
Adagio Aparthotel – Complete by late Autumn 2016
146 beds
Office above ground floor retail
Residential above ground floor retail
Affordable Housing
Hotel above ground floor retail
New public square – Complete by late Autumn 2016
Boundary
UNLOCK THE
POTENTIAL
LEASE
RATES
Our clients are seeking an FRI lease for a minimum of 20 years incorporating 5 year upward
only rent reviews.
The subjects have still to be constructed and therefore will still require to be separately
assessed for rating purposes following completion of the works.
INCENTIVE
EPC
Incentive packages are available to the ingoing tenant by way of a contribution towards fit out
costs. The incentive package itself will be linked to the quality of the occupier, their proposed
level of fit out and length of lease.
A valid epc certificate will be available on completion.
RENT
Further details on request and subject to confirmation of named occupiers.
For further information please contact the
joint agents:
TIMING
By arrangement/negotiation.
SPECIFICATION
Fitted to serviceable shell and core ready for occupiers fit out. Early interest may offer more
flexibility on the specification.
Culverwell / Eric Young & Co for themselves, and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are produced in good faith and are set out as a general guide only and do not constitute any part of an offer or contract. They are
believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them; ii) no person in the employment of Culverwell / Eric Young & Co, has any authority to
make or give any representation or warranty in relation to this property. May 2015.