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1-4 Albert Pl 886 SF Retail Condo Unit Offered at $268,814 in Edinburgh EH7 5HN
INVESTMENT HIGHLIGHTS
- Prominent local investment opportunity within the heart of Leith
- Attractive Net Initial yield of 7.31%
- Inviting offers over £200,000
EXECUTIVE SUMMARY
The subjects comprise a prominent double windowed Class 1A premises arranged over the ground and basement floors of a 4 storey traditional stone building. The property offers an immaculate retail space which has recently been refurbished to an exceptional standard, creating an extremely contemporary and inviting environment. Currently trading as a print and graphic design business, the ground floor has a front shop area, back shop and store to the rear. The basement floor, accessed by a timber staircase, comprises a staff room, extensive storage, tea preparation and W.C facilities. This listing offers an extremely rare investment opportunity.
PROPERTY FACTS Sale Pending
| Total Building Size | 2,760 SF | Floors | 5 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,380 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1880 |
| Building Class | B | Lot Size | 0.04 AC |
| Total Building Size | 2,760 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 1,380 SF |
| Year Built | 1880 |
| Lot Size | 0.04 AC |
AMENITIES
- Security System
- Automatic Blinds
- Storage Space
1 UNIT AVAILABLE
Unit 3
| Unit Size | 886 SF | Sale Type | Investment |
| Price | $268,814 | Tenure | Freehold |
| Price Per SF | $303.40 | Cap Rate | 7.31% |
| Condo Use | Retail | NOI | $19,650.27 |
| Unit Size | 886 SF |
| Price | $268,814 |
| Price Per SF | $303.40 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.31% |
| NOI | $19,650.27 |
DESCRIPTION
Premises extend to 82.36 sqm
(886 sqft)
SALE NOTES
3 Albert Place, Edinburgh for sale. Offers over £200,000 are invited for the freehold interest.
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Interior Photo
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1-4 Albert Pl
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