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Commercial Property for sale

123, Constitution Street, Edinburgh, EH67AE

Removed £20,000

Property Description

Key features

  • ***EXCELLENT INVESTMENT OPPORTUNITY*** Pend and Parking Area Located in the Popular Shore area of Edinburgh. Parking Area with 22 Spaces plus Pend 33 sq.m
  • Pend 33 sq.m (39 sq.yds) approx. Parking 600 sq.m (717 sq.yds) approx. A Car parking Space can be let to for 75- 100 pcm. Potential of a rental yield of greater than 20% if achieved for Guide Price.
  • Seldom available parking area at an exclusive development of Constitution Street, The Shore, Edinburgh
  • Ideal for owner occupiers in the locale vicinity. Estimated rental Potential: 1,200 per space per annum. Rare Opportunity for investment. Vendor Instructed to Sell
  • Property is Situated in the unique locale of Edinburgh's shore area. There are an enviable selection of bars and restaurants in the vicinity, and the area is easily accessed either by car or by publi

Full description

***EXCELLENT INVESTMENT OPPORTUNITY*** Pend and Parking Area Located in the Popular Shore area of Edinburgh. 50% Pro- indivisio Ownership Share of Parking Area with 22 Spaces plus Pend 33 sq.m There are two parts to this property: The pend, is an area under Pillars House, which is a B Listed building. Vehicular traffic can no longer go through it to the parking area, as the area to the rear has been raised and steps have also been created. Subject researching all necessary consents and gainging permissions, it may be possible to use this for various uses. The parking area is a tarmaced car park which has 22 spaces, all of which are easily accessible without any requirement to move any other vehicles to access the spaces. Parking spaces are currently being used and some have signs pertaining to show they are for the use of certain people or properties. There is the opportunity to gain value by negotiating with other pro-indivsio owners of the spaces over the sale of the rest of the ownership. Ideal for owner occupiers in the locale vicinity. Estimated rental Potential: £1,200 per space per annum. Rare Opportunity for investment. Vendor Instructed to Sell. Phone or submit an enquiry form to get the full Auction Catalogue and further details regarding this sale. Future Property Auctions, Scotland's Largest Land and Property Auctioneer.


Map & Street View

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