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45 - 47 Shandwick Place, Edinburgh, EDH

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45-47 Shandwick Place

Edinburgh, EH2 4RG

Property type:Retail Sub type:Storefront Status:Existing Year built:1826
Building size:3,314 sq ft
For sale price:£575,000 Price:£173.51 sq ft
Yield:7.48 %
Features:Air Conditioning, Storage Space

The property comprises a masonry building arranged over four floors including basement with all floors providing retail accommodation.

The property is located in a prominent location on the south side of Shandwick Place. Shandwick Place is situated at the west end of Edinburgh city centre and is a natural extension of Princes Street, Edinburgh's main retail thoroughfare.

Sale Notes:
The investment comprises a prime retail premises in Edinburgh city centre.

Offers in excess of £575,000 (FIVE HUNDRED AND SEVENTY-FIVE THOUSAND POUNDS STERLING) exclusive of VAT. A purchase at this level would reflect an attractive Net Initial Yield of 7.48% assuming purchaser’s costs of 4.60%.

Caledonia Management Ltd
Colin Steele

Sheridan Property Consultants Ltd
Graeme Millar
0131 300 0296

Stewart Sheridan
0131 300 0296

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