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Retail Units & Shops

Lothian

Edinburgh

property

Let

132 Lothian Road Lothian Road, Edinburgh, EH3 9BQ

Use Class

Size

3,428 sq ft

Rent pa

POA

Market Sector

High Street Scheme

Key Features

A prime asset let to Philpotts, with lease extended from 2018
Total passing rent of £45,000 per annum
We are instructed to seek offers in excess of £575,000 (FIVE HUNDRED AND SEVENTY FIVE THOUSAND POUNDS STERLING) exclusive of VAT for our client's heritable interest subject to and with the benefit of the existing lease. A purchase at this level would show an attracitve Net Initial Yield of 7.5% after allowing for standard purchaser's costs based on LBTT (Land and Buildings Transactions Tax)

Description

Retail investment in Edinburgh city centre

Location

Adjacent to 2 Semple Street, a prime Grade A office development extending to approximately 40,000 sq ft.

Accommodation

3,428 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

1,549

143

First Floor

1,418

131

Basement

461

42.8

Downloads

Brochure

132 Lothian Road, Edinburgh, Edinburgh - Brochure 2019-11-25-11-14-58

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.