7 Parsons Green Terrace Edinburgh EH8 7AN

  • 7 Parsons Green Terrace<br>Edinburgh<br>EH8 7AN

7 Parsons Green Terrace
Edinburgh
EH8 7AN

Heritable Retail Investment

  • Shop let until October 2032 (no breaks)
  • Prominent Corner position on busy London Road (A1)
  • 1.5 miles east of Edinburgh City Centre
  • Nearby occupiers include Meadowbank Sports Centre, McDonalds, Carphone Warehouse and Boots Opticians
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    41
  • Auction
    8th December 2016
  • Rent
    £9,418 per Annum Exclusive
  • Status
    Sold
  • Price
    £125,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On the instructions of JLL
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Heritable Retail Investment

  • Shop let until October 2032 (no breaks)
  • Prominent Corner position on busy London Road (A1)
  • 1.5 miles east of Edinburgh City Centre
  • Nearby occupiers include Meadowbank Sports Centre, McDonalds, Carphone Warehouse and Boots Opticians
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 41
  • Auction 8th December 2016
  • Rent £9,418 per Annum Exclusive
  • Status Sold
  • Price £125,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On the instructions of JLL

Property Information

Location
Miles
1.5 miles east of Edinburgh City Centre
Roads
A1, A1140
Air
Edinburgh Airport
Situation

The property is situated within the popular Meadowbank area approximately 1.5 miles east of Edinburgh City Centre on the southern side of Parsons Green Terrace at its junction with the busy
London Road. The Meadowbank Sports Centre is within 100 metres with other nearby occupiers including McDonalds, Boots Opticians and Carphone Warehouse.

Tenure

Heritable. (Scottish Equivalent to an English Freehold)

Location
Miles
1.5 miles east of Edinburgh City Centre
Roads
A1, A1140
Air
Edinburgh Airport
Situation

The property is situated within the popular Meadowbank area approximately 1.5 miles east of Edinburgh City Centre on the southern side of Parsons Green Terrace at its junction with the busy
London Road. The Meadowbank Sports Centre is within 100 metres with other nearby occupiers including McDonalds, Boots Opticians and Carphone Warehouse.

Tenure

Heritable. (Scottish Equivalent to an English Freehold)

Description

The property comprises a ground floor corner retail unit which forms part of a larger building. The upper floors of the building are in residential use and are in separate ownership.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor corner retail unit which forms part of a larger building. The upper floors of the building are in residential use and are in separate ownership.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Reversion
Ground Retail
73.40 sq m
(790 sq ft)
 INDIVIDUAL t/a U Save ParsonsGreen Mini Mart 29 years from 31/10/2003 £9,418.50 30/10/2032
Total  
73.40 sq m
(790 sq ft)
     £9,418.50  

Contacts

Seller's Solicitors
Kerman & Co LLP 200 Strand
London
WC2R 1DJ
Janice Martin 0207 539 7273janice.martin@kermanco.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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