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*Prime Dalkeith investment* Prominent High Street commercial unit let to Boots Chemist on 10 year FRI lease until 2029 with no break option. Immediate rental income of £45,000 per annum.
PROMINENT HIGH STREET TRADING POSITION within the town centre. Neighbouring retailers include WH Smith, Royal Bank of Scotland, M&Co, B&M, Semi-Chem, Santander and William Hill.
***Top performing pharmacy over 10,000 prescriptions a month*** Tenant trades very well. GRADE A TENANT - Boots UK Limited (Company Number 00928555) has a tangible net worth of £875,000,000.
100% SECURE INCOME to Grade A tenant. Let to Boots UK Ltd on a Full Repairing and Insuring lease until Sept 2029. Perfect investment property in popular retail location near Edinburgh.
*Prime Dalkeith investment* Prominent High Street commercial unit let to Boots Chemist on 10 year FRI lease until 2029 with no break option. Immediate rental income of £45,000 per annum. **Prime 2 STOREY commercial investment only 5 miles from Edinburgh. PERFECT SIZE AND LOCATION FOR BOOTS** Ground Floor- 238.36sqm (2,566sq ft). 1st Floor- 175.76sq m (1,892sq ft). PROMINENT HIGH STREET TRADING POSITION within the town centre. Neighbouring retailers include WH Smith, Royal Bank of Scotland, M&Co, B&M, Semi-Chem, Santander and William Hill. ***Top performing pharmacy over 10,000 prescriptions a month*** Tenant trades very well. GRADE A TENANT - Boots UK Limited (Company Number 00928555) has a tangible net worth of £875,000,000. 100% SECURE INCOME to Grade A tenant. Let to Boots UK Ltd on a Full Repairing and Insuring lease until Sept 2029. Perfect investment property in popular retail location near Edinburgh.
Dalkeith is a popular commuting town to the City of Edinburgh situated approximately 5 miles South of Edinburgh City Centre. Dalkeith is easily accessible from off the City of Edinburgh Bypass and benefits from a lot of new build residential development. Edinburgh city centre is easily accessible by road with regular bus services and soon by the new Borders Railway. The market town of Dalkeith is approximately 20 minutes by car from Edinburgh City Centre and close to the Royal Infirmary and Queen Margaret’s College.
Full Address: 19 High Street, Boots Chemist Ltd, Dalkeith, EH22 1JB
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Map Street View SatelliteSpecial Terms of Sale
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Buyers Fee (?) 3% of Sale Price (Minimum of £2500 +vat)
Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 2029
Rent: £45,000 per year / £3,750 per month
Yield: 9% (approx)
Tenant: Company
Notes: Boots Chemist Ltd- rent review 2024. No break option.
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Pricing Information & Bidding
Opening Bid: £495,000
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £2,500 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.Payment Calculator
Auction Details
Type: Timed Online Auction
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