2-4 Shandwick Place, Edinburgh, EH2 4SH

The property represents an opportunity to acquire a prime
high street retail investment in Edinburgh city centre.  The salient points relating to the sale are
outlined below.

 

- Prominently located, Edinburgh city centre retail investment
opportunity;

- The property occupies a high profile pitch on the corner of
Shandwick Place and Queensferry Street;

- New 15 year lease to Greggs PLC, D&B rating of 5A 1,
expiring in May 2031 with break options in years 5 and 10;

- The initial rent of £95,000 pa;

- Heritable interest (Scottish equivalent of English
Freehold).

 

Offers in excess of £1,330,000 (One Million, Three Hundred
and Thirty Thousand Pounds Sterling) are sought for our client’s Heritable
interest, subject to contract and exclusive of VAT.

 

A purchase at this level would provide a net initial yield
of 6.77%, assuming purchaser’s costs at 5.57%.

Location