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
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.