Description
PRIME INVESTMENT*** 5 Storey Stand alone building TOWN CENTRE LOCATION Part income producing - Current Passing Rental of £18,002p.a. (2 Vacancies) Achievable Rent: £30,000
The upper floors accessible from Eskdaill Street via a secure controlled entrance leading to the main foyer and staircase to the upper floors. Each floor offers 2 large individual office suites.
PERFECT ADDITION TO ANY INVESTMENT PORTFOLIO with good rental return once fully tenanted within extremely high demand location. Certain to appeal to multiple investors.
POPULAR TOWN CENTRE LOCATION Neighbouring occupiers include B&M Home Bargains, Semi-Chem, Santander, and Superdrug.
1st Floor front, Novelty Care UK Ltd (906sq ft) passing £5,436p.a 19th June 2023 - 18th June 2028 with a deposit held of £3,261.60. The tenant has a break option in June 2026 2nd Floor front is current vacant extending to 760sq ft 2nd Floor Rear extending to 857sq ft occupied by Stuart & Moffat Roofing Contractors Ltd is currently on a licence to occupy expiring 20th March 2027 paying £4,776p.a. with a rent deposit of £1,432.80 3rd Floor Front extending to 746sq ft is let to First Mortgage (Lothian) Ltd is currently on a licence to occupy passing £3,790p.a. expiring April 2024 (tacit) with a deposit of £1,137 held by the landlord 3rd Floor Rear is currently vacant and extends to 814sq ft The property benefits from a mobile phone mast on the roof with income of £4,000p.a.
The property is located on the north west side of High Street, north of its junction with Old Edinburgh Road on a main commercial retail thoroughfare within the town of Dalkeith. Dalkeith is a town in Midlothian, Scotland, on the River Esk located approximately 6miles from Edinburgh. Neighbouring occupiers include B&M Home Bargains, Semi-Chem, Santander, and Superdrug.
Full Address: 41 Jarnac Court, Dalkeith, EH22 1HU
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Map Street View SatelliteTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length:
Rent: £0 per year / £0 per month
Yield: % (approx)
Tenant: Company
Notes: 1st Floor front, Novelty Care UK Ltd passing £5,436p.a 2nd Floor front vacant 2nd Floor Rear Stuart & Moffat Roofing Contractors Ltd £4,776p.a. 3rd Floor Front extending to 746sq ft is let to First Mortgage (Lothian) Ltd passing £3,790p.a. 3rd Floor Rear vacant Mobile phone mast on the roof with income of £4,000p.a.
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Pricing Information & Bidding
Guide Price: £240,000
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Submit Offer NowSPECIAL Terms of Sale
- 10% Deposit (Minimum £3,000)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
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Auction Details
Type: Deadline for Offers
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