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30-30a Dundas Street, New Town, Edinburgh, Scotland, EH3 6JN
For Sale
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Tenure
For Sale -
Type
Investment -
Price
Offers in Excess Of £1,270,000 -
Size
5,371 Sq Ft -
Ref No
18246
Property Highlights
- Full repairing and insuring lease to Tesco Stores Ltd expiring 1st February 2035
- 9.75 years term certain income
- 5A2 Dun & Bradstreet rated covenant
- Tangible net worth of £3.79BN
- RPI linked (1%-4% pa) rent review in February 2030
- Current passing rent of £80,700 pa reflecting a low rental rate of c. £15 per sq ft
- Reflecting a Net Initial Yield of 6%
- VAT Free Investment
Overview
A rare opportunity to acquire a prime, long-let, convenience store investment in Edinburgh's much sought after New Town'.
The subjects are arranged over ground and basement floors only of a traditional Category B listed Georgian sandstone building.