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Souq, 57-59 South Clerk Street, Craigmount View, Edinburgh, EH12 8HG

For sale: £460,000.00|3475 Sq Ft|General Retail, Retail

PROPERTY DETAILS

FOR SALE£460,000.00
SIZE3475 Sq Ft
ADDRESSSouq, 57-59 South Clerk Street Craigmount View, Edinburgh, EH12 8HG
TYPEGeneral Retail, Retail
TENUREUnder Offer, For Sale Freehold, For Sale Leasehold
POSTED ON28th October 2019

DESCRIPTION

Leased to an Established Operator
Excellent Reversionary Yield Prospects
Lease Expiry April 2027
Net Initial Yield 6.26%

The subjects comprise a large restaurant premises, benefiting from full Class 3 consent and a prominent retail frontage onto the main arterial thoroughfare. Internally, the property is arranged over ground and lower ground floor level and has been fully fitted to a high standard by the existing tenant, who is an established Edinburgh based operator. The subjects accommodate circa 52 covers at ground floor level and an additional 30 covers at lower ground floor level.

LOCATION

Location: Souq, 57-59 South Clerk Street Craigmount View, Edinburgh, EH12 8HG

South Gyle (1.0 miles)

Wester Hailes (2.4 miles)

Kingsknowe (2.4 miles)

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