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3 Gilmore Pl - St Peters Building 609 sq ft Retail Unit Offered at £120,000 in Edinburgh EH3 9PG
Investment Highlights
- Centrally located in Edinburgh
- Large glazed frontage
Executive Summary
The property comprises a building of brick build construction containing 8,177 sq ft of commercial space and is arranged over six floors. The building contains retail and office space in addition to residential accommodation. The property is located on the north side of the street, midway down Gilmore Place between the junctions of Viewforth and Leamington Road/Terrace. Gilmore Place is located in the Viewforth area of Edinburgh to the south of the city centre and close to the areas of Tollcross and Bruntsfield. Gilmore Place provides the main vehicular route through Viewforth and at its eastern point connects with Levan Street, which is a continuation of Lothian Road.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Tenure | Freehold |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
Description
Internally, the ground floor comprises a bright open plan space with a tea preparation area & W/C facility to the rear. The basement level is accessed via a timber staircase and provides abundant space suitable for storage. The unit is well-proportioned and highly adaptable, making it suitable for a wide range of potential uses, such as retail, office, professional services or café.
Sale Notes
The subjects are being offered on a vacant freehold basis at offers over £120,000.
The subjects are entered in the current Valuation Roll at a rateable value of £6,300 which will allow for 100% rates relief subject to the purchaser's other commercial properties, if any. Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 4 months of the beginning of the tenancy.
The subjects are entered in the current Valuation Roll at a rateable value of £6,300 which will allow for 100% rates relief subject to the purchaser's other commercial properties, if any. Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 4 months of the beginning of the tenancy.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 3 St Peters Building | 609 sq ft | Retail | £120,000 (£197.04/sq ft) | - |
Unit 3 St Peters Building
| Unit Size |
| 609 sq ft |
| Unit Use |
| Retail |
| Price |
| £120,000 (£197.04/sq ft) |
| NOI |
| - |
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Unit 3 St Peters Building
| Unit Size | 609 sq ft |
| Unit Use | Retail |
| Price | £120,000 (£197.04/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Description | |
| Internally, the ground floor comprises a bright open plan space with a tea preparation area & W/C facility to the rear. The basement level is accessed via a timber staircase and provides abundant space suitable for storage. The unit is well-proportioned and highly adaptable, making it suitable for a wide range of potential uses, such as retail, office, professional services or café.</li></ul> | |
| Sale Notes | |
| The subjects are being offered on a vacant freehold basis at offers over £120,000. <br> <br> The subjects are entered in the current Valuation Roll at a rateable value of £6,300 which will allow for 100% rates relief subject to the purchaser's other commercial properties, if any. Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 4 months of the beginning of the tenancy.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 8,177 sq ft | Floors | 1 |
| Property Type | Retail (Unit) | Typical Floor Size | 4,088 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1898 |
| Costar Property Class | B | Total Plot Size | 0.21 ac |
| Total Property Size | 8,177 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 4,088 sq ft |
| Year Built | 1898 |
| Total Plot Size | 0.21 ac |
Amenities
- Security System
- Roller Shutters
- Storage Space
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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3 Gilmore Pl - St Peters Building
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