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High Yielding Commercial Property, 2 Station Row, Smithy House, Macmerry, Tranent, EH33 1PD

not specified / Other / Investment

For Sale - £75,000.00

Available - Last updated: 30 January 2024

Large workspace,washroom, office and huge storage space.    

The Property is  a spacious commercial with storage, Located in a prime location for access, trade and is sure to appeal to a shrewd investor looking for a high yielding rental opportunity.    

The Property is currently rented out at £700 p/m (£8400 p/a) which returns an outstanding yield of 12% per annum, based of a guide price of £75,000.     

Property value sure to appreciate and or after renovation, would suit either owner occupier or investor looking for an easily lettable property .    

Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.  

Location

Macmerry is a small village lying just off the A1 trunk road and therefore is convenient for those commuting into Edinburgh or the surrounding districts of East Lothian. Within the village there are good local shops catering for everyday requirements and an excellent primary school.

Accommodation

Commercial workspace, office, storage space & washroom.

Terms

Guide Price - £75,000

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

  • Excellent, High Yielding Commercial Investment within a prime location in 2 station row, Macmerry. - Guide price £75,000
  • The Property is  a spacious commercial with storage, Located in a prime location for access, trade and is sure to appeal to a shrewd investor looking for a high yielding rental opportunity.
  • The Property is currently rented out at £700 p/m (£8400 p/a) which returns an outstanding yield of 12% per annum, based on a guide price of £75,000. 
  • Property benefits from immediate cash flow. Property value sure to appreciate and or after renovation.
  • Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £75,000.00 NA

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Contact agents

John Morris & Luis Guarin

Prime Property Auctions

0141 538 0212

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