The property is situated on the west side of Buccleuch Street within the Newington district of Edinburgh, approximately 1 mile south of Edinburgh-s city centre. Buccleuch Street forms a continuation of Causewayside, a prominent vehicular route carrying large volumes of footfall and traffic in & out of the city centre. While the surrounding location is primarily residential, the premises occupies a prominent position on a well-established secondary retail parade immediately north of the Meadows.
The nearby commercial occupiers include, Format café, Andamiro, Black Lion Games & The Dagda Bar.
The property comprises an attractive double windowed Class 3 premises benefitting from roller shutter door security, arranged over the ground floor of a traditional 4-storey mid terraced tenement. Internally, the accommodation has recently been refurbished to a high standard and comprises an open plan main restaurant seating area, small kitchen servery/counter, fully fitted commercial kitchen and W.C. facilities to the rear.
Our client is seeking offers in excess of £250,000 reflecting a Net Initial Yield of 6.61%, assuming purchasers costs of 2.95%.