134 Lothian Road, Edinburgh, EH3 9BG
Retail investment in Edinburgh city centre
Adjacent to 2 Semple Street, a prime Grade A office development extending to approximately 40,000 sq ft.
- 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)
2,902 sq ft (269.00 sq m)
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