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Description

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

PRIME INVESTMENT***IMMEDIATE INCOME PRODUCING *** Ground Floor retail Unit in in EXCELLENT TRADING POSITION. Producing £40,000 per annum on a FRI Lease. 2,061 sq ft (191.49 sq m)

Tenant: TSB Bank PLC (SC095237) Lease Start: 24 May 1992 Lease Expiry: 23 May 2027 Rent: £40,000 pa Repair Obligation: Full Repairing and Insuring

Compromises: front customer area and meeting rooms, counter and service area with security screen, and rear office and ancillary staff areas and benefits suspended ceiling and air conditioning system

Ground floor retail / banking unit of a B-listed, four-storey stone building with traditional pitched slate roof. The upper floors are residential and not included in the subjects for sale.

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £40,000 PER ANNUM

PRIME INVESTMENT***IMMEDIATE INCOME PRODUCING *** Ground Floor retail Unit in in EXCELLENT TRADING POSITION. Producing £40,000 per annum on a FRI Lease. 2,061 sq ft (191.49 sq m) Tenant: TSB Bank PLC (SC095237) Lease Start: 24 May 1992 Lease Expiry: 23 May 2027 Rent: £40,000 pa Repair Obligation: Full Repairing and Insuring Compromises: front customer area and meeting rooms, counter and service area with security screen, and rear office and ancillary staff areas and benefits suspended ceiling and air conditioning system Ground floor retail / banking unit of a B-listed, four-storey stone building with traditional pitched slate roof. The upper floors are residential and not included in the subjects for sale. PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £40,000 PER ANNUM

High Street in Musselburgh is the historic and commercial heart of the coastal town of Musselburgh, located around six miles east of Edinburgh. The street follows the town’s original layout dating back to Roman times and today forms a lively town centre area with a mix of traditional character and everyday convenience. It sits close to the River Esk and within easy reach of the seafront, giving the area an attractive setting that combines heritage, riverside walks, and access to green spaces. The surrounding neighbourhood is generally residential with a strong community feel, making it popular with commuters and families who want proximity to Edinburgh while living in a quieter coastal town. In terms of amenities, Musselburgh High Street offers a good range of everyday facilities within walking distance. There are supermarkets, independent shops such as butchers and bakeries, cafés, takeaway outlets, and essential services including banks, post offices, pharmacies, GP surgeries, and dental clinics. Leisure and community facilities are also nearby, including parks like River Esk Park, sports clubs, and cultural attractions such as the local museum and theatre. The area supports daily life well, with schools, nurseries, and even a university campus (Queen Margaret University) close by, making it suitable for a wide range of residents.

Full Address: 128-130 High Street, Musselburgh, EH21 7EA

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 1 Year
Rent: £40,000 per year / £3,333 per month
Yield: 10% (approx)
Tenant: Company
Notes: Tenant: TSB Bank PLC (SC095237) Lease Start: 24 May 1992 Lease Expiry: 23 May 2027 Rent: £40,000 pa Repair Obligation: Full Repairing and Insuring

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Pricing Information & Bidding

Opening Bid: £405,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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Auction Details

Date & Time: 02 April 2026, 9am-3pm
Type: Timed Online Auction

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