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3  Pirrie Street Commercial Investment  Edinburgh

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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

***VAT FREE COMMERCIAL INVESTMENT*** Super sized ground floor and basement, Constitution Street, Edinburgh. Suit Retail/hairdresser/beauty REALISTIC POTENTIAL RENTAL INCOME OF £1,200pcm (£14,400 p.a)

PERFECT INVESTMENT Comprises:- Ground Floor, Basement Room, Kitchen / staff area W.C. with sink. GOOD SIZED UNIT- measuring 405sq ft Further benefits single glass front and roller security.

All electrical installations have passed safety checks (EICR available). Presented in excellent condition, may suit a number of uses (subject to investigating and gaining necessary consents) EPC - D

EXCELLENT HIGH FOOTFALL LOCALE Situated directly on Newhaven Tram Line with high footfall along Constitution Street in the desirable Leith area of Edinburgh.

Shortage of available property locally. Easy to let property with potential for multiple uses offering REALISITC POTENTIAL RENTAL INCOME OF £14,400 per annum (£1,200pcm). ***VAT FREE INVESTMENT***

***VAT FREE COMMERCIAL INVESTMENT*** Super sized ground floor and basement, Constitution Street, Edinburgh. Suit Retail/hairdresser/beauty REALISTIC POTENTIAL RENTAL INCOME OF £1,2000pcm (£14,400 p.a) SUPER TRADING SPOT on the edge of the main thoroughfare of Constitution Street in Leith MASSIVE CATCHMENT AREA within BUSY MIXED RESIDENTIAL/RETAIL AREA. GOOD SIZED UNIT- measuring 405sqft over ground level and basement, offer's potential for multiple use RETAIL/BEAUTY/HAIRDRESSOR/TREATMENT CENTRE. Property comprises front shop reception/till area, downstairs room, staff room and W.C. All electrical installations have passed safety checks (EICR available). Presented in excellent condition, may suit a number of uses (subject to investigating and gaining necessary consents) EPC - D RATEABLE VALUE OF £3,750 Shortage of available property locally. Easy to let property with potential for multiple uses offering REALISITC POTENTIAL RENTAL INCOME OF £14,400 per annum (£1,200pcm). ***VAT FREE INVESTMENT***

Leith is a majorly redeveloped and upmarket suburb to the North of Edinburgh City Centre that has seen a major increase in house prices over the last decade. The property is located within minutes of Edinburgh's major tourist attractions including Edinburgh Castle, Arthur's Seat, Scott Monument and a number of major amenities including Edinburgh Waverly Train Station and Princes Street- Possibly Scotland's most iconic street.

Full Address: 3 Pirrie Street Commercial Investment, Edinburgh, EH6 5HY

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Pricing Information & Bidding

Guide Price: £150,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 10 October 2024, 3pm
Type: Deadline for Offers

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