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1-4 Albert Pl 886 sq ft Retail Unit Offered at £200,000 in Edinburgh EH7 5HN
Investment Highlights
- Prominent local investment opportunity within the heart of Leith
- Attractive Net Initial yield of 7.31%
- Inviting offers over £200,000
Executive Summary
The subjects comprise a prominent double windowed Class 1A premises arranged over the ground and basement floors of a 4 storey traditional stone building. The property offers an immaculate retail space which has recently been refurbished to an exceptional standard, creating an extremely contemporary and inviting environment. Currently trading as a print and graphic design business, the ground floor has a front shop area, back shop and store to the rear. The basement floor, accessed by a timber staircase, comprises a staff room, extensive storage, tea preparation and W.C facilities. This listing offers an extremely rare investment opportunity.
1 Unit Available
Unit 3
| Unit Size | 886 sq ft | Sale Type | Investment |
| Price | £200,000 | Tenure | Freehold |
| Price Per sq ft | £225.73 | Net Initial Yield | 7.31% |
| Unit Use | Retail | NOI | £14,620 |
| Unit Size | 886 sq ft |
| Price | £200,000 |
| Price Per sq ft | £225.73 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.31% |
| NOI | £14,620 |
Description
Premises extend to 82.36 sqm
(886 sqft)
Sale Notes
3 Albert Place, Edinburgh for sale. Offers over £200,000 are invited for the freehold interest.
Internal
Interior Photo
Property Facts Sale Pending
| Total Property Size | 2,760 sq ft | Floors | 5 |
| Property Type | Retail (Unit) | Typical Floor Size | 1,380 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1880 |
| Costar Property Class | B | Total Plot Size | 0.04 ac |
| Total Property Size | 2,760 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 5 |
| Typical Floor Size | 1,380 sq ft |
| Year Built | 1880 |
| Total Plot Size | 0.04 ac |
Amenities
- Security System
- Roller Shutters
- Storage Space
Nearby Major Retailers
Presented by
1-4 Albert Pl
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