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Description

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

***VAT FREE COMMERCIAL INVESTMENT*** Super sized ground floor commercial unit in the heart of Restalrig, Edinburgh. HOT FOOD CONSENT REALISTIC POTENTIAL RENTAL INCOME OF £1,000pcm (£12,000 p.a)

POTENTIAL FOR HOT FOOD TAKEAWAY (CONSENT GRANTED) in super trading spot in the main thoroughfare through the Restalrig Road South. MASSIVE CATCHMENT AREA within BUSY RESIDENTIAL AREA.

GOOD SIZED UNIT- measuring 297sqft may offer additional potential for RETAIL USE. Property comprises front shop, store, sink and W.C. RATEABLE VALUE OF £6,300

Presented in a condition ready for completion to fast food take away or retail use. PERFECT INVESTMENT

Shortage of available property locally. Easy to let property with potential for multiple uses offering REALISITC POTENTIAL RENTAL INCOME OF £12,000 per annum (£1,000pcm). ***VAT FREE INVESTMENT***

***VAT FREE COMMERCIAL INVESTMENT*** Super sized ground floor commercial unit in the heart of Restalrig, Edinburgh. HOT FOOD CONSENT REALISTIC POTENTIAL RENTAL INCOME OF £1,000pcm (£12,000 p.a). POTENTIAL FOR HOT FOOD TAKEAWAY (CONSENT GRANTED) in super trading spot in the main thoroughfare through the Restalrig Road South. MASSIVE CATCHMENT AREA within BUSY RESIDENTIAL AREA. Presented in a condition ready for completion to fast food take away or retail use. PERFECT INVESTMENT GOOD SIZED UNIT- measuring 297sqft may offer additional potential for RETAIL USE. Property comprises front shop, store, sink and W.C. RATEABLE VALUE OF £6,300 Shortage of available property locally. Easy to let property with potential for multiple uses offering REALISITC POTENTIAL RENTAL INCOME OF £12,000 per annum (£1,000pcm). ***VAT FREE INVESTMENT***

The premises are located a 10-15-minute walk away from Easter Road Football Stadium . Easter Road itself is a heavily populated prime mixed-use area with a thriving community and a combination of national retailers, artisans with cafés and bars. There are excellent public transport links serving the city centre with a bus stop located 50 meters from the premises giving access to all parts of the city.

Full Address: 80 Restalrig Road South, COMMERCIAL INVESTMENT, Edinburgh, EH7 6JB

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Pricing Information & Bidding

Guide Price: £95,000


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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