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136 Portobello High St 1,626 sq ft 100% Let Retail Property Edinburgh EH15 1AH £260,000 (£159.90/sq ft) 7.46% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Large glazed frontage.
  • Great transport links.
  • Great footfall area.

EXECUTIVE SUMMARY

Offers over £260,000 which reflects a net initial yield of 7.46% assuming purchaser's costs of 3.07%.
There is an attractive potential reversionary yield of 9.33%.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,626 sq ft
Costar Property Class
B
Year Built
1865
Price
£260,000
Price per sq ft
£159.90
Yield
7.46%
NOI
£19,396
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.93
Total Plot Size
0.04 ac
Frontage
29 ft on Portobello High Street

AMENITIES

  • Bus Route
  • Security System
  • Signage
  • Storage Space

NEARBY MAJOR RETAILERS

Co-op
T S B
Sainsbury's
Costcutter
Morrisons
Costa Coffee
Iceland
  • Listing ID: 30148847

  • Date on Market: 22/11/2023

  • Last Updated:

  • Address: 136 Portobello High St, Edinburgh EH15 1AH

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