Friday, March 20, 2024
New boutique opens in Edinburgh's Old Town
Acting on behalf of the landlord, Ryden has secured a new tenant for 20 St Mary's Street in the heart of Edinburgh's Old Town. Neil Doig, a 22-year old entrepreneur from Edinburgh, has taken the 805 sq ft retail unit on a 9-year full repairing and insuring lease at £12,000 per annum with one month rent free.
Neil Doig, with support from the Princes Youth Business Trust and Business Gateway, is launching his first retail venture, State of Mind; a streetwear, sneaker and urban lifestyle boutique with brands from New York, Tokyo & London. The shop opens on 1st April.
William Biggart, of letting agents Ryden, said: "We received a good level of interest in the space and have achieved a good deal for our client in the current economic climate." He added: "State of Mind is a great addition to St Mary's Street as it adds a new element to the current retail offering."
Neil Doig was represented by Scott Surveyors in the deal.
Neil Doig, with support from the Princes Youth Business Trust and Business Gateway, is launching his first retail venture, State of Mind; a streetwear, sneaker and urban lifestyle boutique with brands from New York, Tokyo & London. The shop opens on 1st April.
William Biggart, of letting agents Ryden, said: "We received a good level of interest in the space and have achieved a good deal for our client in the current economic climate." He added: "State of Mind is a great addition to St Mary's Street as it adds a new element to the current retail offering."
Neil Doig was represented by Scott Surveyors in the deal.
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