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56-62 Main Street, Davidson's Mains, Edinburgh, EH4 5AA

not specified / Other / Investment

Sold - Last updated: 21 December 2017

Two storey building with single storey extension to rear.  The buildings are of a traditional brick built construction with a pitched and tiled roof.  The extension has a flat roof with tiled covering.

The shop comprises a large retail area, plus storage facilities currently let to Boots UK Ltd, whilst the two flats are currently let on short assured tenancies.

 

 

Location

Davidson's Mains lies approximately 3 miles to the north west of Edinburgh's city centre.  It's a popular location in terms of retailing and residential.

Main Street has a wide variety of retailers including Boots, Greggs, Black & Lizars etc.  Tesco Metro is located nearby.

In respect to the residential element, Davidson's Mains is a high amenity location with access to city centre, quality schools and an attractive "village" setting.

 

Accommodation


Ground Floor - NIA:  158.25 sq m   (1703 sq ft)

Reduced Area:  1412

 

Both flats comprise of 2 bedrooms, livingroom, kitchen, bathroom and hallway.  The entrances are to the rear over the roof terrace.

Terms

Boots UK Ltd currently hold the lease on an extension commencing 2 February 2013 until 1 February 2026.  Full repairing & insuring type lease with a passing rent of £34,365 pa.  There is a provision for a tenant's break option and rent review at the end of the 5th year.

The residential flats are currently let on short assured tenancies at a rental of £625 per month, per flat (£15,000 pa).

Price - Offers in excess of £850,000

 

 

 

Specification

EPC Rating:

Shop - "E"

Flats - "D"

 


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