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Investment

Investment For Sale Edinburgh

PROPERTY ID: 126507

PROPERTY TYPE

Investment

STATUS

Under Offer

SIZE

430 sq.ft

Key Features

Well located café investment just off Fountainbridge
Good quality frontage offering great visibility
Passing Rent: £12,500 per annum
Long Standing Tenant
5 years term certain remaining with expiry in July 2029
Offers over £165,000 equating to an attractive Net Initial Yield 7.44%

Property Details

The subjects are situated on the east side of Grove Street, a short distance to the south of its junction with Brandfield Street within the Fountainbridge area of Edinburgh, a short distance to the west of the City Centre. The immediate surrounding area comprises a mixture of uses to include student accommodation, a hostel, serviced apartments and residential. A short distance to the south on Fountainbridge there are a number of hotels to include Moxy Edinburgh and Hampton By Hilton. There are several modern office developments also fronting onto Fountainbridge with ground floor commercial occupiers to include Tesco Express. The subjects are therefore well placed to serve a multitude of occupiers in the nearby vicinity.

The Subjects Comprise A Ground Floor Retail/café Unit As Part Of A Larger Two Storey Stone Built Premises Surmounted By A Pitched And Slate Roof. Externally The Unit Benefits From A Large Full Height Display Frontage Being Of A Upvc Nature. Internally The Subjects Are Laid Out To Provide A Well-presented Open Plan Café Area To The Front With Seating For C 15 People. To The Rear Of The Property Is The Commercial Style Kitchen Where There Is A Large Extractor Unit Which Is Run Out Of The Building. There Is Access To The Rear Via Upvc Framed And Glazed Door And Further Natural Light Is Afforded Through A Double Glazed Window. The Subjects Also Benefit From A W/c Facility With Low Level Cistern And Sink.

About the Agent

Graham & Sibbald- Edinburgh

See Agent's Other Properties

Investment Unit

£165,000 Freehold

Fountain Café,111 Grove Street, Edinburgh, EH3 8AB
Investment - Under Offer
430 sq ft
40 sqm
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