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134 Lothian Road, Edinburgh, EH3 9BG

Availability

For Sale

Price

£500,000

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 Indigo Sun, with lease extended from 2018
  • Total passing rent of £39,000 per annum
  • We are instructed to seek offers in excess of £500,000 (FIVE HUNDRED 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 7.46% after allowing for standard purchaser's costs based on LBTT (Land and Buildings Transactions Tax)

Size

2,902 sq ft (269.00 sq m)

Accommodation

Area sq ft sq m
Ground Floor 2,070.00 192.00
Basement 832.00 77.30
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Get in Touch

See Bio
Alastair Rowe Partner

Alastair joined EYCO 10 years ago as a graduate surveyor and is now a partner heading up the in town Retail Agency team where he deals with high street acquisitions and disposals. He is also part of the leasing team for Burns Mall, Kilmarnock; The Centre, Livingston; The Piazza, Paisley and The Thistles, Stirling.
Alastair is a keen sportsman who enjoys watching rugby, playing golf, skiing and cycling although the majority of his free time is now spent entertaining his two young boys, Isaac and Theo, with his wife Sarah.
Meet the team