38-39 West Preston Street, Edinburgh, City of Edinburgh, EH8 9PY

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For Sale - Investment Opportunity

Located within the bustling Newington district of Edinburgh

Benefits from large display frontages

Net Internal Area: 34 Sq M (365 Sq Ft)

Passing rent of £14,400 per annum rising to £16,500 per annum in 2029

Offers over £200,000 equating to an NIY of 7.06%, with reversion to 7.89% at end of year 5

The subjects lie within the Newington district of Edinburgh approximately 2 miles to the south of the city centre, with the area being a mixture of both commercial occupiers in the main at ground floor level and residential dwellings above. Furthermore, the area has become popular with students given the close proximity to the University of Edinburgh making it a bustling and vibrant place to be.
More specifically the subjects lie on the south side of West Preston Street in between the main thoroughfare of South Clerk Street/Newington Road and Causewayside. The unit itself is situated in a parade of other similar style retail units.
( Agency Pilot Software ref: 54272 )