Ryden Prescribes the Right Foundation
17 August 2010
Ryden has sealed two retail deals in quick succession in Edinburgh.
For landlord Peatallan, Ryden sold 8 Ormiston Terrace to a private purchaser (unrepresented) for £150,000. The 870 sq ft property will trade as a Chinese herbal medicine shop.
On behalf of landlord Lightthink Limited, Ryden signed up Make-up by Chris (also unrepresented) at 38-39 West Preston Street. The 353 sq ft retail unit has been taken on a five-year FRI lease at a stepped rental from £7,500 to £9,000 per annum. The beauty salon is run by make-up artist Christine Forster who said that the new location will enable her to provide specialist advice, treatments and products to her clients. The new salon is now open.
Will Biggart, surveyor at Ryden said: “Both of these deals show that there is still appetite at the smaller end of the market in Edinburgh, particularly for new starts and specialist occupiers.”
