Page 21 - Shepherd Commercial Auctions - Catalogue June 2023
P. 21
Lot15 4RoseburnTerraceE, dinburghM, idlothianEH12 6AW RetaiIlnvestment
Features
•LocatedinthehearotMfurrayfieldE,dinburgh •Passingren£t12,000p.a. •FRlIeasexpiring31sJtuly2037 •CurrentlyletoMyidealsLtd •NeItnitiaYlield7.77%
Description
ThesubjectscompriseadoublewindowedClass1Apremisesarrangedovertheground flooroaf4-storeytraditionaelndterracedtenemenbtuilding.
Accommodation
Internallyt,heaccommodationcomprisesopenplanretaislpaceandaW.Ct.otherear. Thisattractiveinvestmenotffersarareopportunitytoacquireafreeholdpropertyinthe highlysought-aftercommerciaalndresidentiaMlurrayfieldistricotEfdinburgh. TotaNlIA44.15sqm.(.475sqf.t.)
Location
EdinburghisthecapitaclityoSfcotlandwitharesidenptopulationoafpproximately 500,000andishometotheScottishParliamentT.hecityisituatedonthesouthshores otfheFirthoFfortha,pproximately50milestotheasotGflasgowandisaverywell- establishedtourisdtestinationandfinanciaclentre.
ThepropertyisituatedonthenorthsideoRfoseburnTerracebetweenthejunctionsof MurrayfieldAvenuetothewesatndWesCtoatesTerracetotheaswtithintheRoseburn districotEfdinburgh.
RoseburnTerraceformsparot tfhemainvehicularoutewhichleadsahighvolumeof trafficintothecitycentrefromEdinburghAirporat ndthewesWt ithahighleveol f vehicularandpedestrianpassingtraffict,hehighlysoughatfterestablishedsecondary retaiplaradeiswelrlepresentedbylocaalndnationatlraders.
RateableValue
ThesubjectsarenteredinthecurrenVtaluationRolwlitharateablevalueo£f10,700.
Tenancy
ThesubjectsareleotnanFRbIasistomyidealslimitedaatrentaol£f12,000per
annumA.newleasewasagreedfrom1satugus2t022to31sJtuly2037withatenant AuctionType breakoptionon1satugus2t027&5yearlyrenrteviewsM.yidealshavesuccessfully UnconditionaSlale-Thebuyersfeeis2.4%incVAT(2%plusVAT)subject tradedfromtheunistince2018. toaminimumo£f2,400incVAT(£2,000plusVAT).
*GuidePrice£150,000(plusfeesifapplicable)
*PleaseseeBuyer’sTermsfordefinitionogfuideprice 21 andauctionfees
