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3-6 London Rd 774 SF Retail Condo Unit Offered at $306,446 in Edinburgh EH7 5AP
INVESTMENT HIGHLIGHTS
- Prominently located on an extremely busy throughfare
- Attractive Net Initial Yield of 7.11%
- Located in the popular Abbeyhill district of Edinburgh
EXECUTIVE SUMMARY
Located within the vibrant Abbeyhill district of Edinburgh, this property occupies a prominent position on the north side of London Road, close to the junction with Easter Road. The surrounding area is a wellestablished mixed-use location, benefitting from both strong local footfall and significant through traffic linking to the city centre and surrounding districts.
PROPERTY FACTS
| Total Building Size | 1,576 SF | Floors | 5 |
| Property Type | Retail (Condo) | Typical Floor Size | 315 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1940 |
| Building Class | C | Lot Size | 0.01 AC |
| Total Building Size | 1,576 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 315 SF |
| Year Built | 1940 |
| Lot Size | 0.01 AC |
AMENITIES
- Security System
- Signage
- Storage Space
1 UNIT AVAILABLE
Unit 3-4
| Unit Size | 774 SF | Sale Type | Investment |
| Price | $306,446 | Tenure | Freehold |
| Price Per SF | $395.93 | Cap Rate | 7.11% |
| Condo Use | Retail | NOI | $21,788.31 |
| Unit Size | 774 SF |
| Price | $306,446 |
| Price Per SF | $395.93 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.11% |
| NOI | $21,788.31 |
DESCRIPTION
Currently trading as Ranga Indian Street Food, the accommodation
offers a bright reception & open-plan seating area to the front of the
property that leads through to the commercial kitchen & WC facilities to
the rear. Additionally, there is a basement suitable for storage.
SALE NOTES
Rarely available investment opportunity. Offers over £230,000
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NEARBY MAJOR RETAILERS
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3-6 London Rd
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