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57-59 South Clerk Street, Edinburgh,, Leith, EH12 8HG
3,475 Sq Ft / Retail / General Retail
Sold - Last updated: 22 July 2022
Excellent Reversionary Yield Prospects
The subjects comprise a large restaurant premises, benefiting from full Class 3 consent and a prominent retail frontage onto the main arterial thoroughfare.
Internally, the property is arranged over ground and lower ground floor level and has been fully fitted to a high standard by the existing tenant, who is an established Edinburgh based operator.
The subjects accommodate circa 52 covers at ground floor level and an additional 30 covers at lower ground floor level.
Location
The subjects are situated within Scotland’s capital city of Edinburgh, which incorporates a resident population of circa 500,000 people and is considered one of the United Kingdom’s strongest regional economies.
The subjects are located within the popular Newington district of Edinburgh approximately 1 mile southeast of the City Centre.
The location benefits from a high surrounding student population as a result of its close proximity to the University of Edinburgh and has long been considered an established restaurant destination.
The property is located upon the west facing elevation of South Clerk Street, which forms the main arterial route south of the City Centre and benefits from high levels of passing footfall and vehicular trade.
The destination is served by a number of the Edinburgh bus services whilst on street parking is available throughout the vicinity.
The locality comprises a diverse mix of local, regional and national scale retailers to include Sainsburys Local, Brewstore and The Southern Bar.Terms
VAT Free
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