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188 High St 2,389 SF 100% Leased Retail Building Edinburgh EH1 1QX $4,629,757 ($1,937.95/SF) 5% Cap Rate
Investment Highlights
- Large glazed fronatge.
- High Street location.
- Great footfall area.
Executive Summary
We are instructed to seek offers in excess of £3,3800,000 (THREE MILLION, THREE HUNDRED AND EIGHTY THOUSAND POUNDS STERLING) exclusive of VAT. A purchase at this level would show an attractive net initial yield of 5%, after allowing for purchasers’ costs of
6.46% including LBTT (Land Building and Transactions Tax).
6.46% including LBTT (Land Building and Transactions Tax).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,389 SF
Building Class
C
Year Built
1896
Price
$4,629,757
Price Per SF
$1,937.95
Cap Rate
5%
NOI
$231,488
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
0.78
Lot Size
0.07 AC
Frontage
30’ on High St
Amenities
- 24 Hour Access
- Storage Space
1 1
Nearby Major Retailers
Contacts
-
Graeme Millar -
Stewart Sheridan -
Cathal Keane -
Sheridan Keane Real Estate Investment
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
188 High St
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