136 Lothian Road, Edinburgh, Edinburgh, EH3 9BG

Availability

For Sale

Price

£535,000

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 British Heart Foundation, with lease extended from 2018
  • Total passing rent of £42,000 per annum
  • We are instructed to seek offers in excess of £535,000 (FIVE HUNDRED AND THIRTY 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

2,763 sq ft (256.00 sq m)

Accommodation

Area sq ft sq m
Ground Floor 2,051.00 190.00
Basement 712.00 66.10