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166 High St
Edinburgh EH1 1QS
Retail Property For Sale · 4,687 SF
Investment Highlights
- Recently refurbished to a high standard.
- Private entrance.
- Directly facing the Royal Mile.
Executive Summary
166 High Street comprises a 1st floor self-contained office, lying within a substantial mid terraced stone built tenement building, held under a pitched timber and slated roof. The property is accessed directly off the Royal Mile via a secure door and entry system. 166 High Street is in the immediate vicinity of St Giles Cathedral, Tron Kirk and around a 5 minute walk (0.3 miles) from Edinburgh Castle, Scotland’s number one tourist attraction. Nearby occupiers include Starbucks, Filling Station, Bella Italia, Radisson Blu, Edinburgh Fringe Shop and Cafe Nero
PROPERTY FACTS
| Unit Size | 694 SF | Building Class | B |
| No. Units | 1 | Floors | 1 |
| Total Building Size | 4,687 SF | Typical Floor Size | 1,979 SF |
| Property Type | Retail (Condo) | Year Built | 1850 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.14 AC |
| Sale Type | Investment |
| Unit Size | 694 SF |
| No. Units | 1 |
| Total Building Size | 4,687 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 1,979 SF |
| Year Built | 1850 |
| Lot Size | 0.14 AC |
1 Unit Available
Unit 166
| Unit Size | 694 SF | Tenure | Freehold |
| Condo Use | Office | Cap Rate | 5.12% |
| Sale Type | Investment | NOI | $27,355.18 |
| Unit Size | 694 SF |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 5.12% |
| NOI | $27,355.18 |
Description
The subjects are self-contained in nature providing front and back office rooms, together with 2 toilet cubicles, one containing a shower facility. Open plan tea preparation facilities are provided within the front office area. The property recently received a significant refurbishment, which includes; new toilets, shower and an integrated sound system.
Sale Notes
Our client would consider offers in excess of £450,000 (VAT
Exempt). The property is held in an SPV and therefore the
preference is to sell the company with the benefit of the
property.
1st floor 166 High St
1st floor 166 High St
1st Floor 166 High St
1st floor 166 High St Kitchen
Amenities
- 24 Hour Access
- Security System
Learn More About Investing in Retail Properties
