Property Information
Address:
Fountain Café, 111 Grove Street, Edinburgh
, EH3 8AB
Price: Buy: POA
Size: 430 sq ft40 sqm
Primary Category: Investment
All Categories:
Investment, Leisure,
Property Ref/Movehut: MH690544
Property Ref/Agent: 53160
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: October 31, 2024
Property description
The subjects comprise a ground floor retail/café unit as part of a larger two storey stone built premises surmounted by a pitched and slate roof.
Externally the unit benefits from a large full height display frontage being of a UPVC nature. Internally the subjects are laid out to provide a well-presented open plan café area to the front with seating for c 15 people. To the rear of the property is the commercial style kitchen where there is a large extractor unit which is run out of the building. There is access to the rear via UPVC framed and
glazed door and further natural light is afforded through a double glazed window.
The subjects also benefit from a w/c facility with low level cistern and sink.
Well located café investment just off Fountainbridge
Good quality frontage offering great visibility
Passing Rent: £12,500 per annum
Long Standing Tenant
5 years term certain remaining with expiry in July 2029
Offers over £165,000 equating to an attractive Net Initial Yield 7.44%
;