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Rare Tenanted Commercial Investment , 18 Albert Place, Leith Walk, Edinburgh, EH7 5HN

not specified / Other / Investment

For Sale - £750,000.00

Available - Last updated: 22 January 2024

Exceptional commercial investment opportunity within a prime location in Edinburgh - Guide Price £850,000

This purpose-built, two-story detached property ensures convenience and security with its modern electronic/keypad door entry system. Featuring seven thoughtfully designed en-suite rooms and a practical laundry room, the property is geared for both comfort and functionality.

Each room is well-equipped with essential amenities, including high-speed WiFi, flat-screen TVs, a stocked mini-bar, and convenient tea and coffee making facilities, along with ironing amenities for added convenience.

This property offers a hassle-free, long-term investment with a secure 25-year lease, making it an attractive prospect for commercial property investors.

The Property is currently achieving £60,000 p/a, which provides an annual yield of 7% based on a guide price of £850,000, making it a great opportunity for shrewd investors looking for an excellent yield with long term lease security. ***GUARANTEED RENT**

Location

Located in the heart of Edinburgh.

Accommodation

Property Comprises:

Ground floor: Entrance hall leading to three spacious en-suite rooms.

First floor: Three additional en-suite rooms, Two double rooms which can be combined to create a flexible family suite and dedicated laundry room.

Terms

Guide Price - £850,000

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

Specification

  • Exceptional commercial investment opportunity within a prime location in Edinburgh - Guide Price £850,000
  • This property offers a hassle-free, long-term investment with a secure 25-year lease, making it an attractive prospect for commercial property investors.
  • The property boasts seven en-suite rooms and a dedicated laundry room. Each room is equipped with modern amenities, including WiFi, a flat-screen TV, a mini-bar, tea and coffee making facilities, and ironing facilities.
  • The Property is currently achieving £60,000 p/a, which provides an annual yield of 7% based on a guide price of £850,000, making it a great opportunity for shrewd investors looking for an excellent yield with long term lease security. ***GUARANTEED RENT***
  • Rare opportunity to purchase a popular hotel in the heart of Edinburgh - ***PRIME LOCATION***

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £750,000.00 NA

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Contact agents

John Morris & Luis Guarin

Prime Property Auctions

0141 538 0212

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