56 St Stephen Street
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Overview
| ID: | #7025 |
|---|---|
| Price: | £ 250,000.00 |
| Type: | Retail |
| Contract: | For Sale |
| Location: | Edinburgh |
| Area: | 492 SQFT |
| Download Property Schedule (pdf) | |
FOR SALE
PRIME EDINBURGH RETAIL UNIT
OFFERS OVER £250,000
56 ST STEPHEN STREET, EDINBURGH, EH3 5AL
- Attractive Class 1A retail unit in bustling Stockbridge
- Rarely available and highly sought after location
- Ideal opportunity for private investor or owner occupier
- Net Internal Area 45.71 sqm (492 sqft)
- Offers Over £250,000
LOCATION
Edinburgh, a UNESCO world heritage city, and Scotland’s capital city is located approximately 400 miles north of London and 45 miles east of Glasgow. It is a key political, legal and judicial centre and is the second largest financial centre in the UK. The city has a population of approximately 525,000 and a regional catchment of around 1.6 million people. Edinburgh has a diverse economy with more FTSE 100 companies located there than any other city in the UK, outside of London.
The property is located within the highly desirable Stockbridge area of Edinburgh, renowned for its independent retailers, artisan cafes, creative occupiers and numerous bars and restaurants. Situated in the heart of Stockbridge, St Stephen Street is a short walk from Edinburgh city centre and Raeburn Place.
There is a vibrant mix of residential and commercial occupiers, making it one of the most sought-after parades in the city. Nearby occupiers include Starbucks, The Bailie, Purslane and Cullertons.
DESCRIPTION
The subjects comprise a Class 1A retail unit arranged over the upper ground floor of a traditional four storey and basement mid terraced tenement. The property benefits from a prominent display frontage and is currently fitted out as a beauty salon.
The property is arranged to provide treatment rooms, staff kitchen and WC. Heating is by electric panel radiators.
ACCOMMODATION
The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and we estimate the Net Internal Area to be as follows:
Upper Ground Floor: 45.71 SQ M (492 SQFT)
TENURE
The property is held on a heritable title (Scottish equivalent of English freehold).
EPC
Can be provided to interested parties.
VAT
TO BE INSERTED
ANTI-MONEY LAUNDERING
To comply with the current anti-money laundering regulations, the agents acting on both sides of any qualifying transaction are required to undertake appropriate due diligence in advance of the transaction, including identifying and verifying all relevant parties and establishing the source(s) and legitimacy of funding.
Both parties will be required to disclose all relevant information prior to the conclusion of missives to enable the agents to meet their respective obligations under the Regulations.
PROPOSAL
We are seeking offers over £250,000 (Two Hundred and Fifty Thousand Pounds) for the benefit of our client’s heritable interest.
VIEWING
Viewings strictly by appointment with the sole selling agent.
John Morton
0131 226 6287
Angus Thomson
0131 226 6287
