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3-6 London Rd 774 sq ft Retail Unit Offered at £230,000 in Edinburgh EH7 5AP
INVESTMENT HIGHLIGHTS
- Prominently located on an extremely busy throughfare
- Attractive Net Initial Yield of 7.11%
- Located in the popular Abbeyhill district of Edinburgh
EXECUTIVE SUMMARY
Located within the vibrant Abbeyhill district of Edinburgh, this property occupies a prominent position on the north side of London Road, close to the junction with Easter Road. The surrounding area is a wellestablished mixed-use location, benefitting from both strong local footfall and significant through traffic linking to the city centre and surrounding districts.
PROPERTY FACTS
| Total Property Size | 1,576 sq ft | Floors | 5 |
| Property Type | Retail (Unit) | Typical Floor Size | 315 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1940 |
| Costar Property Class | C | Total Plot Size | 0.01 ac |
| Total Property Size | 1,576 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | C |
| Floors | 5 |
| Typical Floor Size | 315 sq ft |
| Year Built | 1940 |
| Total Plot Size | 0.01 ac |
AMENITIES
- Security System
- Signage
- Storage Space
1 UNIT AVAILABLE
Unit 3-4
| Unit Size | 774 sq ft | Sale Type | Investment |
| Price | £230,000 | Tenure | Freehold |
| Price Per sq ft | £297.16 | Net Initial Yield | 7.11% |
| Unit Use | Retail | NOI | £16,353 |
| Unit Size | 774 sq ft |
| Price | £230,000 |
| Price Per sq ft | £297.16 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.11% |
| NOI | £16,353 |
DESCRIPTION
Currently trading as Ranga Indian Street Food, the accommodation
offers a bright reception & open-plan seating area to the front of the
property that leads through to the commercial kitchen & WC facilities to
the rear. Additionally, there is a basement suitable for storage.
SALE NOTES
Rarely available investment opportunity. Offers over £230,000
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NEARBY MAJOR RETAILERS
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3-6 London Rd
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