39-41 South Bridge | Edinburgh EH1 1LL
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39-41 South Bridge
Edinburgh EH1 1LL
Retail Property For Sale
Investment Highlights
- Well configured retail unit in the historic Old Town area of Edinburgh City Centre
- Large glazed frontage
- Offering excellent trading potential from a high footfall location
Executive Summary
Offers Over £950,000 which reflects a net Initial yield of 6.5%, assuming standard purchasers costs.
Fully let to Forbidden Planet International until 02/07/2033. The tenant has been trading from the property since 1998 and has extended the lease twice.
Passing rent of £65,000 per annum with an upwards only rent review due 02/07/2028.
Fully let to Forbidden Planet International until 02/07/2033. The tenant has been trading from the property since 1998 and has extended the lease twice.
Passing rent of £65,000 per annum with an upwards only rent review due 02/07/2028.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,496 SF
Building Class
B
Year Built
1789
Price
$1,188,510
Price Per SF
$476
Cap Rate
6.84%
NOI
$81,319
Tenancy
Single
Building Height
5 Stories
Building FAR
1.25
Lot Size
0.05 AC
Frontage
40 FT on South Bridge
Amenities
- Security System
- Storage Space
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