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Investment

Investment For Sale Edinburgh

PROPERTY ID: 133761

PROPERTY TYPE

Investment

STATUS

Available

SIZE

664 sq.ft

Key Features

Situated within busy Newington area of Edinburgh
Benefits from full height display window
Well presented internally
Low passing rent of £10,000 per annum with revisionary potential
Offers over £165,000 equating to NIY of 6.06%
VAT exempt

Property Details

The subjects are located on the west side of South Clerk Street within the Newington district of Edinburgh, a short distance to the south of Edinburgh city centre. More specifically, the property is bounded by the junctions of Hope Terrace to the north and West Preston Street to the south. South Clerk Street is a busy thoroughfare with a range of local, regional and national commercial occupiers located at ground floor level with residential tenement flats above.

The Subjects Comprise A Ground Floor And Basement Retail Unit Benefitting From A Single Windowed Frontage To South Clerk Street. The Subjects Are Currently Trading As Boombarbers With The Internal Space Being Utilised As A Barbers. Internally, The Ground Floor Features A Suspended Timber Floor, Solid Plastered Walls With Corniced Ceilings, And A Full-height Single-glazed Display Window. To The Rear, There Is Additional Retail Space Featuring A Timber-framed Sash And Case Window Allowing Further Natural Light. The Basement Features A Solid Concrete Floor, Stud-lined Plastered Walls, Laminate Finished Flooring. The Basement Provides W/c Facilities And Further Ancillary Storage Accommodation.

About the Agent

Graham & Sibbald- Edinburgh

See Agent's Other Properties

Investment Unit

£165,000 Freehold

64 South Clerk Street, Edinburgh, EH8 9PS
Investment - Available
664 sq ft
62 sqm
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