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5 Church Hill Place 5 Church Hill Place, Edinburgh, EH10 4BE
Use Class
E
Rent pa
POA
Price
£225,000
Market Sector
High Street Scheme
Key Features
Desirable retail unit just off Morningside Road
Situated within a busy retail parade neighboured by well performing independent businesses
Extends to approximate net internal area of 695 sq ft (64.6 sq m)
Leased to I LUV LTD (SC384056), who have been trading for over 15 years and provided a deposit and personal guarantee on the lease
Recently signed a new lease for a 10-year term
Subject to a rent review in year 5 to the higher of the passing rent, subject to open market
Rent of £14,500 per annum
No VAT applicable therefore attractive to individual investors
Offers over £225,000 (Two Hundred Twenty-Five Thousand) are invited reflecting a 6.31% net initial yield after allowing standard purchaser costs
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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