132 Lothian Road, Edinburgh, EH3 9BQ
Availability
Let
Rent
Rent on application
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.
Key Points
- 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)
Size
3,428 sq ft (318.00 sq m)
Accommodation
| Area | sq ft | sq m |
|---|---|---|
| Ground Floor | 1,549.00 | 143.00 |
| First Floor | 1,418.00 | 131.00 |
| Basement | 461.00 | 42.80 |
arowe@eyco.co.uk 
0131 558 5140 
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