FOR SALE - Class 1A Investment
Summary
- Class 1A investment opportunity available for outright heritable purchase
- Located on Dundas Street in Edinburgh’s desirable and affluent New Town district
- Premises exceptionally refurbished and maintained to a high standard by the current tenants
- 8.5 years of fully unexpired income with no break options and an upwards only rent review in November 2029
- Passing rental of £24,000 per annum with excellent reversionary potential
- Offers in excess of £375,000 (exc. of VAT)
Location
Dundas Street, to the North of Edinburgh’s city centre, is located in Edinburgh’s well established New Town district and is considered to be one of the city’s most popular and affluent secondary retailing locations.
More specifically, the premises itself at 35a Dundas Street, is located on the west-side of the street, approximately 30 metres from the crossroad that links the northern end of Dundas Street with Great King Street. The premises sits 500m to the north of Edinburgh’s city centre and approximately 500m to north-west of Edinburgh’s recently developed St James Centre.
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Mainline Stations
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Edinburgh10 mins
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Haymarket21 mins
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Slateford53 mins
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Kingsknowe71 mins
Underground Station
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Chesham6027 mins
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Amersham6068 mins
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Chalfont and Latimer6088 mins
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Chorleywood6117 mins
Further Information
Price Offers in excess of £375,000
Rates Payable Upon Enquiry
Description
The subjects comprise a lower ground floor class 1A premises of traditional stone construction, contained as part of a larger 5 storey building, surmounted by a pitched and slated roof to the front and above, with a separate single-storey mono-pitch roof extension to the rear of the premises.
Internally, the premises is currently laid out to provide a welcoming reception and waiting area, with various open plan and cellular rooms to the rear, as well as staff/welfare accommodation and W/C compartments.
The premises has been upgraded, renovated and finished to an exceptional standard by the current tenants.
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