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1 Coalhill
1,507 SF Retail Unit Offered at £280,000 in Edinburgh EH6 6RH
Investment Highlights
- Within easy walking distance of The Shore tram stop
- Enjoys excellent transport links
- The Leith area of Edinburgh is located approximately 4 miles to the north-east of the city centre
Executive Summary
The subjects comprise the ground floor of a large, modern development known as The Oval Building. The first floor is in commercial use with the 6 floors above that all residential flats. Coalhill, situated in an area known as The Shore, is bordered at either end by Sandport Place and Parliament Street.
Property Facts
Price | £280,000 | Building Class | B |
Unit Size | 1,507 SF | Number of Floors | 7 |
No. Units | 1 | Typical Floor Size | 2,852 SF |
Total Building Size | 19,964 SF | Year Built | 2001 |
Property Type | Office (Unit) | Lot Size | 0.22 AC |
Sale Type | Investment | Parking Ratio | 0.5/1,000 SF |
Price | £280,000 |
Unit Size | 1,507 SF |
No. Units | 1 |
Total Building Size | 19,964 SF |
Property Type | Office (Unit) |
Sale Type | Investment |
Building Class | B |
Number of Floors | 7 |
Typical Floor Size | 2,852 SF |
Year Built | 2001 |
Lot Size | 0.22 AC |
Parking Ratio | 0.5/1,000 SF |
1 Unit Available
Unit 1
Unit Size | 1,507 SF | Sale Type | Investment |
Price | £280,000 | Tenure | Freehold |
Price Per SF | £185.80 | Net Initial Yield | 8.66% |
Unit Use | Retail | NOI | £24,248 |
Unit Size | 1,507 SF |
Price | £280,000 |
Price Per SF | £185.80 |
Unit Use | Retail |
Sale Type | Investment |
Tenure | Freehold |
Net Initial Yield | 8.66% |
NOI | £24,248 |
Description
Internally, the unit is open plan and arranged as an ice cream café with booth seating set around the perimeter with
a sta servery and display cabinet in the centre. To the rear and side of the unit are toilet facilities, storage and a kitchen/prep area.
Sale Notes
Cafe investment for sale. Let to The Crolla Ice Cream Company. Offers Over £280,000 reflecting a Net Initial Yield of 8.66%
Amenities
- Accent Lighting
Presented by
1 Coalhill
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