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Retail/Shop

Retail/Shop For Sale Edinburgh

PROPERTY ID: 138200

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

365 sq.ft

Key Features

Located within the bustling Newington district of Edinburgh
Benefits from large display frontages
Net Internal Area: 34 Sq M (365 Sq Ft)
Passing rent of £14,400 per annum rising to £16,500 per annum in 2029
Offers over £200,000 equating to an NIY of 7.06%, with reversion to 7.89% at end of year 5

Property Details

For Sale - Investment Opportunity Located Within The Bustling Newington District Of Edinburgh Benefits From Large Display Frontages Net Internal Area: 34 Sq M (365 Sq Ft) Passing Rent Of £14,400 Per Annum Rising To £16,500 Per Annum In 2029 Offers Over £200,000 Equating To An Niy Of 7.06%, With Reversion To 7.89% At End Of Year 5 The Subjects Lie Within The Newington District Of Edinburgh Approximately 2 Miles To The South Of The City Centre, With The Area Being A Mixture Of Both Commercial Occupiers In The Main At Ground Floor Level And Residential Dwellings Above. Furthermore, The Area Has Become Popular With Students Given The Close Proximity To The University Of Edinburgh Making It A Bustling And Vibrant Place To Be. More Specifically The Subjects Lie On The South Side Of West Preston Street In Between The Main Thoroughfare Of South Clerk Street/newington Road And Causewayside. The Unit Itself Is Situated In A Parade Of Other Similar Style Retail Units.

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About the Agent

Graham & Sibbald- Edinburgh

See Agent's Other Properties

Retail Unit

£200,000 Freehold

38-39 West Preston Street, Edinburgh, EH8 9PY
Retail/Shop - Available
365 sq ft
34 sqm
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