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136 Portobello High St 1,626 SF 100% Leased Retail Building Edinburgh EH15 1AH $347,018 ($213.42/SF) 7.46% Cap Rate
INVESTMENT HIGHLIGHTS
- Large glazed frontage.
- Great transport links.
- Great footfall area.
EXECUTIVE SUMMARY
Offers over £260,000 which reflects a net initial yield of 7.46% assuming purchaser's costs of 3.07%.
There is an attractive potential reversionary yield of 9.33%.
There is an attractive potential reversionary yield of 9.33%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,626 SF
Building Class
B
Year Built
1865
Price
$347,018
Price Per SF
$213.42
Cap Rate
7.46%
NOI
$25,888
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.93
Lot Size
0.04 AC
Frontage
29’ on Portobello High Street
AMENITIES
- Bus Line
- Security System
- Signage
- Storage Space
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NEARBY MAJOR RETAILERS
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136 Portobello High St
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