For Sale
30-30a Dundas Street, New Town, Edinburgh, Scotland, EH3 6JN
Tenure

For Sale

Type

Investment

Price

Offers in Excess Of £1,270,000

Size

5,371 Sq Ft

Ref No

18246

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Property Highlights

  • Full repairing and insuring lease to Tesco Stores Ltd expiring 1st February 2035
  • 9.75 years term certain income
  • 5A2 Dun & Bradstreet rated covenant
  • Tangible net worth of £3.79BN
  • RPI linked (1%-4% pa) rent review in February 2030
  • Current passing rent of £80,700 pa reflecting a low rental rate of c. £15 per sq ft
  • Reflecting a Net Initial Yield of 6%
  • VAT Free Investment

Overview

A rare opportunity to acquire a prime, long-let, convenience store investment in Edinburgh's much sought after New Town'.

The subjects are arranged over ground and basement floors only of a traditional Category B listed Georgian sandstone building.

Kyle Wright Image

Kyle Wright

Graduate Surveyor

Nick Armstrong Image

Nick Armstrong

Partner

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