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Investment Highlights
- Centrally located in Edinburgh
- Large glazed frontage
Executive Summary
The property comprises a building of brick build construction containing 8,177 sq ft of commercial space and is arranged over six floors. The building contains retail and office space in addition to residential accommodation. The property is located on the north side of the street, midway down Gilmore Place between the junctions of Viewforth and Leamington Road/Terrace. Gilmore Place is located in the Viewforth area of Edinburgh to the south of the city centre and close to the areas of Tollcross and Bruntsfield. Gilmore Place provides the main vehicular route through Viewforth and at its eastern point connects with Levan Street, which is a continuation of Lothian Road.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
The subjects are entered in the current Valuation Roll at a rateable value of £6,300 which will allow for 100% rates relief subject to the purchaser's other commercial properties, if any. Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 4 months of the beginning of the tenancy.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3 St Peters Building | 609 SF | Retail | $163,755 ($268.89/SF) | - |
Unit 3 St Peters Building
| Unit Size |
| 609 SF |
| Condo Use |
| Retail |
| Price |
| $163,755 ($268.89/SF) |
| NOI |
| - |
Unit 3 St Peters Building
| Unit Size | 609 SF |
| Condo Use | Retail |
| Price | $163,755 ($268.89/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| Internally, the ground floor comprises a bright open plan space with a tea preparation area & W/C facility to the rear. The basement level is accessed via a timber staircase and provides abundant space suitable for storage. The unit is well-proportioned and highly adaptable, making it suitable for a wide range of potential uses, such as retail, office, professional services or café.</li></ul> | |
| Sale Notes | |
| The subjects are being offered on a vacant freehold basis at offers over £120,000. <br> <br> The subjects are entered in the current Valuation Roll at a rateable value of £6,300 which will allow for 100% rates relief subject to the purchaser's other commercial properties, if any. Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 4 months of the beginning of the tenancy.</li></ul> |
Property Facts
| Total Building Size | 8,177 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 4,088 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1898 |
| Building Class | B | Lot Size | 0.21 AC |
| Total Building Size | 8,177 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 4,088 SF |
| Year Built | 1898 |
| Lot Size | 0.21 AC |
Amenities
- Security System
- Automatic Blinds
- Storage Space
Nearby Major Retailers
Presented by
3 Gilmore Pl - St Peters Building
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