Fantastic Potenially High Yielding Commercial Investment located on a busy thoroughfare of Dalkeith, on the outskirts of Edinburgh. Vacant!
The lot consists of a hot food takeaway / Coffee shop with a class 3 full hot food licence, plus a storage unit. Fantastic rental opportunity.
Sure to appeal to an ambitious investor looking for ready let investments in a sought-after locale, or an owner occupier lookign for their next shop/project.
The kitchen and welfare facilities are also included in the sale of the unit.
Property is based in a densely populated residential location., Massively benefits from high-passing trade.
Location
Dalkeith is one of the most popular places in Midlothian to live and to visit! Dalkeith Country Park, located in the town centre, offers something for everyone. From beautiful walks, tasty food and children's attractions such as Fort Douglas and Go Ape. The property is also easy to access with links to the A68, A7, A1 and the A720 motorways.
Accommodation
The property benefits from:spacious main facility room, modern shop front and kitchen, as well as the large storage unit with external access. 86.26 square meters.
Terms
Property has Guide price of £80,000. Properties could provide a gross rental income of £1,000 p/m, £12,000 p/a which would generate a outstanding yield of 15% if achieved for Guide Price.
The property could achieve £12,000 to £14,000 per annum. This would provide a whopping 17% to 18% yield if bought at the guide price.
The property currently has a rateable value of £7,700. This is under the threshold for rates, meaning no rates to pay for small businesses.
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.