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Commercial Investment Property in Dalkeith

Mayfield, EH22 - Get Access

Description

Prime Property Auctions New Entry. Fantastic Potentially High Yielding Commercial Investment located on a busy thoroughfare of Dalkeith, on the outskirts of Edinburgh. Vacant! The lot consists of a hot food takeaway / coffee shop with a class 3 full hot food licence, plus a storage unit. Fantastic rental opportunity with an expected rental of £1,000 a month. The property benefits from a spacious main facility room, modern shop front and kitchen, as well as a large storage unit with external access, extending to 86.26 square metres. The property could achieve £12,000 to £14,000 per annum, providing a high yield if bought at the guide price. Sure to appeal to an ambitious investor looking for ready-let investments in a sought-after locale, or an owner-occupier looking for their next shop or project. The kitchen and welfare facilities are included in the sale of the unit. The property is based in a densely populated residential location, massively benefiting from high passing trade. The property is also easy to access with links to the A68, A7, A1 and the A720 motorways. The property currently has a rateable value of £7,700, which is under the threshold for rates, meaning no rates to pay for small businesses. Dalkeith is one of the most popular places in Midlothian to live and to visit. Dalkeith Country Park, located in the town centre, offers something for everyone, from beautiful walks and tasty food to children's attractions such as Fort Douglas and Go Ape.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 929 sq ft (Listing)

Valued as a commercial hot food takeaway and retail unit in a modern courtyard development on the outskirts of Dalkeith. The property benefits from a fair condition level with functional layout and visible wear to external areas. Floor area is based on internal measurement of 929 sq ft (86 m²).

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