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40-41 South Bridge 40-41 South Bridge, Edinburgh, EH1 1LL
Use Class
E
Size
2,496 sq ft
Rent pa
POA
Market Sector
High Street Scheme
Key Features
Well configured retail unit in the historic Old Town area of Edinburgh City Centre, offering excellent trading potential from a high footfall location.
Benefitting from one of the busiest, all year round, tourist driven footfall locations in the UK.
Edinburgh is the most popular tourist destination in the UK, outwith London, attracting 4.9m tourist visitors in 2019, spending over £1.9bn.
South Bridge forms part of a critical, arterial transport route linking Edinburgh’s New Town to the north (St James Quarter & Princes St) with the Old Town to the south.
The Royal Mile, Edinburgh Castle, Edinburgh University, Princes Street and the recently opened St James Quarter, a destination retail and leisure location, are only a short walk away.
Fully let to Forbidden Planet International until 02/07/2033. The tenant has been trading from the property since 1998 and has extended the lease twice.
Passing rent of £65,000 per annum with an upwards only rent review due 02/07/2028.
Offers Over £950,000 which reflects a net Initial yield of 6.5%, assuming standard purchasers costs.
Accommodation
2,496 Sq.Ft
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.
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