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70 Haymarket Terrace Haymarket Terrace, Edinburgh, EH12 5LQ

Let
70 Haymarket Terrace, Edinburgh, Edinburgh - Picture 2020-08-11-16-10-21
Use Class

Use Class

E

Size

Size

680 sq ft

Rent pa

Rent pa

POA

Price

Price

£200,000

Key Features

  • Prominent and busy location in the heart of Haymarket

  • Near Haymarket Train and Tram Station and in close proximity to the prestigious £350m mixed use development undertaken by M&G and Qmile Group.

  • Let to Mitch Sorbie, trading as Pizza & Pasta To Go, until 28th April 2026 at a rent of £18,000 per annum but there is a tenant only break option in 2021

  • The 2019 rent review is outstanding

  • The premises benefits from a Restricted Class 3 Hot Food Consent

  • Heritable Interest

  • Offers in excess of £200,000 excluding VAT and subject to conclusion of missives. This reflects a Net Initial Yield of 8.82% assuming standard purchaser’s costs and LBTT

Description

The property is a retail / café unit, located below four storeys of traditional residential units arranged over ground and basement levels connected by way of a staircase to the front the property. It benefits from a modern glazed frontage and excellent prominence onto Haymarket Terrace. There is a small toilet located on the ground floor with a tea prep / kitchen area on the lower level.

Accommodation

680 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground floor
531
49.3
Basement
297
27.6

Misrepresentation Notice

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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This was last updated on 09/03/2021