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38-50 Dundas St 315 SF Retail Condo Unit Offered at $299,784 in Edinburgh EH3 6JN
INVESTMENT HIGHLIGHTS
- Rarely available opportunity in a central location
- Located the heart of Edinburgh’s New Town
- Extremely high levels of pedestrian and vehicular passing traffic
EXECUTIVE SUMMARY
The subject is located within Edinburgh’s New Town on Dundas Street, a main vehicular throughfare running north from Queen Street up towards Canonmills. Dundas Street is well-served by public transport, making it easily accessible by bus, tram or train. More specifically, the subject premises is situated on the east side of Dundas Street, in a block bounded by Great King Street to the north and Northumberland Street to the south, within the heart of the New Town.
PROPERTY FACTS
| Total Building Size | 4,631 SF | Floors | 6 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,543 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1897 |
| Building Class | B | Lot Size | 0.06 AC |
| Total Building Size | 4,631 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 1,543 SF |
| Year Built | 1897 |
| Lot Size | 0.06 AC |
AMENITIES
- 24 Hour Access
- Storage Space
1 UNIT AVAILABLE
Unit 46
| Unit Size | 315 SF | Sale Type | Investment |
| Price | $299,784 | Tenure | Freehold |
| Price Per SF | $951.70 | Cap Rate | 7.40% |
| Condo Use | Retail | NOI | $22,184.03 |
| Unit Size | 315 SF |
| Price | $299,784 |
| Price Per SF | $951.70 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.40% |
| NOI | $22,184.03 |
DESCRIPTION
Internally, the accommodation offers a well-presented, bright front shop & display area. Additionally, there is a tea preparation area and WC facilities to the rear of the property.
The open-plan layout offers flexibility, making the premises suitable for a variety of retail, office, café or workshop uses, suject to the necessary consents.
The outstanding listing offers a rare opportunity in one of Edinburgh's sought-after neighbourhoods.
SALE NOTES
Investment opportunity in one of Edinburgh’s highly-sought after neighbourhoods
Offers over £225,00.
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NEARBY MAJOR RETAILERS
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38-50 Dundas St
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