Basement 1 125 Constitution Street Edinburgh EH6 7BT
£87.79 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
786 sq ft
73 sq m
- SECTOR
Workshop for sale
Key features
- PRIME NEW LISTING. We are excited to present this vacant commercial unit, superbly positioned within a prime location in Edinburgh.
- Vacant; could achieve £500-£600 pcm (£6,000-£7,200 pa), subject to tenancy & DD. Small Business Rates Relief may apply, subject to eligibility.
- This opportunity is sure to appeal to savvy investors seeking strong potential rental income, as well as owner-occupiers wanting a well-located workspace.
- The unit could suit a range of commercial uses and has previously operated as a cabinetmaker's workshop, highlighting its practical and flexible nature.
- Potential rent of £500-£600 pcm (£6,000-£7,200 pa) offers an excellent yield based on the guide price, subject to tenancy and due diligence.
Description
- PRIME NEW LISTING. We are excited to present this vacant commercial unit, superbly positioned within a prime location in Edinburgh.
- Vacant; could achieve £500-£600 pcm (£6,000-£7,200 pa), subject to tenancy & DD. Small Business Rates Relief may apply, subject to eligibility.
- This opportunity is sure to appeal to savvy investors seeking strong potential rental income, as well as owner-occupiers wanting a well-located workspace.
- The unit could suit a range of commercial uses and has previously operated as a cabinetmaker's workshop, highlighting its practical and flexible nature.
- Potential rent of £500-£600 pcm (£6,000-£7,200 pa) offers an excellent yield based on the guide price, subject to tenancy and due diligence.
PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Edinburgh.
The property comprises a generously proportioned basement commercial unit extending to approximately 786 ft², offering adaptable open space that is well suited to a variety of business requirements.
As the unit is currently vacant, there is no rental income being received at present; however, the property could realistically achieve in the region of £500 to £600 per month, which equates to £6,000 to £7,200 per annum, subject to tenancy and due diligence. This makes it an attractive proposition for an investor targeting a value-add letting, while also presenting a compelling option for an owner-occupier looking to secure premises in a strong Edinburgh trading position.
The property is held on a freehold basis, giving the buyer outright ownership and long-term control over the asset.
Sure to appeal to assured investors looking for a potential rental income from a commercial property, particularly given the strength of demand for well-located space within Edinburgh.
Property could lend itself to a variety of different uses. Previously been used by a cabinetmaker, this property could lend itself usefully for a workshop.
Property could potentially be rented out for between £500 to £600 a month, creating an annual return of £6,000 to £7,200; this represents an excellent yield based on the guide price, subject to tenancy and due diligence.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
We are advised the property benefits from 100% Small Business Bonus Scheme rates relief, subject to eligibility.
The accommodation extends to approximately 786 ft², providing a substantial and practical floor area for a wide range of commercial occupiers.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Constitution Street sits at the heart of Leith, one of Edinburgh's most active commercial districts, benefiting from consistent footfall and strong levels of passing trade throughout the day. The area supports a diverse mix of independent retailers, cafés, creative businesses and professional services, which helps underpin occupier demand for well-positioned workspace. Excellent connectivity is provided via key road routes linking into the city centre and wider Edinburgh, while nearby public transport options make access straightforward for staff and customers alike. Continued local investment and the established business community combine to make this an appealing setting for a workshop, studio or trade counter style operation.
Basement 1 125 Constitution Street Edinburgh EH6 7BT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Edinburgh Waverley Station1.6 miles
- Haymarket Station2.7 miles
- Brunstane Station3.3 miles
Notes
Disclaimer - Property reference 229186021. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property, Glasgow on 0141 673 3554.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”