1B Inverleith Gardens EDINBURGH
1B Inverleith Gardens Investment
EDINBURGH EH3 5PU
FOR SALE
-
VAT Free Investment
-
Full Class 3 Consent
-
Prominent Roadside Location
-
Rent £15,600 Per Annum
-
Offers In The Region £220,000 (6.64% NIY)
the complete property service
1B Inverleith Gardens
EDINBURGH
FOR SALE Investment
Location The subject property is located within the Inverleith district of Edinburgh located approximately 1.5 miles North of Edinburgh City Centre. Inverleith is a popular residential area but benefits from an array of amenities and independent shops. More precisely the subjects occupy a prominent roadside location on the Southside of Ferry road not far from the junction with Montague Terrace. Surrounding occupiers include Robert Murray Stamp Shop, Marie Currie, Gillespie Accountants and the Bank of Scotland. Description The Subjects comprise of a mid-terrace ground floor takeaway held within a three storey, traditional stone built tenement held under a pitched and slated roof. The property benefits from a large glazed frontage which directly looks out onto Ferry Road. Internally the unit offers a large open plan front shop with back shop/store room located in the middle and the Kitchen and WC facilities located to the rear. Internally the unit has been installed with an industrial kitchen, all walls have been painted, laminate flooring has been used throughout and a suspended tiled ceiling with spotlighting has been installed within the front shop. Accommodation According to our calculations from measurements taken on site we estimate the subjects extend to the following approximate net internal areas: Total:
50.93 Sq M
548 Sq Ft
Tenancy VIEWING & FURTHER INFORMATION
The subjects are let to Mr Guang Yang personally, trading as Yangs Chinese Takeaway with a lease expirary due 15 June 2024 on a five yearly open market value rent reviews on an upward only basis and a passing rent of £15,600 per annum.
Strictly by appointment through Messrs Graham + Sibbald Joe Helps - Tel: 0131 240 5291 Email: [email protected] Chris King - Tel: 0131 240 5318 Email: [email protected]
Price CONTACT Graham + Sibbald 11 Manor Place Edinburgh, EH3 7DL Tel: 0131 225 1559
Offers in the region of £220,000 are invited which reflects a Net Initial Yield of 6.64% after allowing for standard purchaser costs. Legal Costs & VAT Each party to bear their own legal costs with the prospective purchaser responsible for any LBTT and registration dues incurred in connection with this transaction. EPC Available upon request.
Aberdeen 01224 625024 Ayr 01292 271030 Dundee 01382 200064 Edinburgh 0131 225 1559 Falkirk 01324 638377 Glasgow 0141 332 1194 Hamilton 01698 422500 Inverness 01463 236977 Kilmarnock 01563 528000 Kirkcaldy 01592 266211 Paisley 0141 889 3251 Perth 01738 445733 St Andrews 01334 476 210 Stirling 01786 463111 Weybridge 01932 260 726
IMPORTANT NOTICE: Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client's Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices. Published: 26 September 2017
EDINBURGH EH3 5PU
FOR SALE
-
VAT Free Investment
-
Full Class 3 Consent
-
Prominent Roadside Location
-
Rent £15,600 Per Annum
-
Offers In The Region £220,000 (6.64% NIY)
the complete property service
1B Inverleith Gardens
EDINBURGH
FOR SALE Investment
Location The subject property is located within the Inverleith district of Edinburgh located approximately 1.5 miles North of Edinburgh City Centre. Inverleith is a popular residential area but benefits from an array of amenities and independent shops. More precisely the subjects occupy a prominent roadside location on the Southside of Ferry road not far from the junction with Montague Terrace. Surrounding occupiers include Robert Murray Stamp Shop, Marie Currie, Gillespie Accountants and the Bank of Scotland. Description The Subjects comprise of a mid-terrace ground floor takeaway held within a three storey, traditional stone built tenement held under a pitched and slated roof. The property benefits from a large glazed frontage which directly looks out onto Ferry Road. Internally the unit offers a large open plan front shop with back shop/store room located in the middle and the Kitchen and WC facilities located to the rear. Internally the unit has been installed with an industrial kitchen, all walls have been painted, laminate flooring has been used throughout and a suspended tiled ceiling with spotlighting has been installed within the front shop. Accommodation According to our calculations from measurements taken on site we estimate the subjects extend to the following approximate net internal areas: Total:
50.93 Sq M
548 Sq Ft
Tenancy VIEWING & FURTHER INFORMATION
The subjects are let to Mr Guang Yang personally, trading as Yangs Chinese Takeaway with a lease expirary due 15 June 2024 on a five yearly open market value rent reviews on an upward only basis and a passing rent of £15,600 per annum.
Strictly by appointment through Messrs Graham + Sibbald Joe Helps - Tel: 0131 240 5291 Email: [email protected] Chris King - Tel: 0131 240 5318 Email: [email protected]
Price CONTACT Graham + Sibbald 11 Manor Place Edinburgh, EH3 7DL Tel: 0131 225 1559
Offers in the region of £220,000 are invited which reflects a Net Initial Yield of 6.64% after allowing for standard purchaser costs. Legal Costs & VAT Each party to bear their own legal costs with the prospective purchaser responsible for any LBTT and registration dues incurred in connection with this transaction. EPC Available upon request.
Aberdeen 01224 625024 Ayr 01292 271030 Dundee 01382 200064 Edinburgh 0131 225 1559 Falkirk 01324 638377 Glasgow 0141 332 1194 Hamilton 01698 422500 Inverness 01463 236977 Kilmarnock 01563 528000 Kirkcaldy 01592 266211 Paisley 0141 889 3251 Perth 01738 445733 St Andrews 01334 476 210 Stirling 01786 463111 Weybridge 01932 260 726
IMPORTANT NOTICE: Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client's Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices. Published: 26 September 2017
