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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
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
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%

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Amenities

  • Accent Lighting
  • Listing ID: 32742658

  • Date on Market: 09/08/2024

  • Last Updated:

  • Address: 1 Coalhill, Edinburgh EH6 6RH

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