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Freehold commercial property for sale
Freehold Commercial Property in Highly Sought After Edinburgh Location Offers in the region of £149,000 Ref 1619
Central Business Sales is delighted to offer to the market a rare opportunity to purchase a freehold class 1 retail property in the highly sought after location of Ferry Road in the centre of Edinburgh. Ferry Road is an extremely busy retail location with a high footfall and is home to a large number of independent retailers. It is a busy thoroughfare in and out of the city centre and is also a residential area popular with families and professionals alike.
The unit had been run for 20 years as a local convenience store until the owners of the business retired. The shop has a class one retail licence and could easily be used as a retail shop, beauty salon, coffee shop or a sandwich shop. A new owner could also look at a change of use and obtain a class 3 hot food licence.
The current owners have also looked into altering the property for residential use and inquiries have suggested that this would be a possibility, which is something a new owner may wish to investigate further.
The double front property is approximately 70m² with an open plan layout. There is a good sized storage area to the rear. The property is in need of modernisation but offers an excellent investment opportunity. There is also a leasehold option with a long term lease available with rent £12,000 per annum.
***please note all viewings and contact must be made through Central Business Sales***
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact Central Business Sales, EH2 on +44 131 268 9106 * (local rate)
Contact Central Business Sales about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Central Business Sales, and do not constitute property particulars. Please contact Central Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.