BIDDING OPENS in...

Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

***Incredible prime commercial investment opportunity*** Current passing rent £62,040 with potential rent at £76,320. Further scope to increase revenue through long term asset management***

***Entire building laid out over 3 floors containing 12 office suites, kitchen area, communal breakout areas and toilets. Parking available to rear of building***

***Occupancy levels are at 75% with active marketing to fill the 3 vacant suites. Current rental income £62,040. Potential rental income £76,320. Full management avaialble for hands free investment**

***The property has been fully upgraded which will minimise any short term general running costs*** Highly attractive letting space with strong rental demand***

***Solid commercial investment with immediate income. Multiple units with diverse occuopancy reduces singe let risk factor. Fantastic location in the centre of Musselburgh on the edge of Edinburgh***

***Incredible prime commercial investment opportunity*** Current passing rent £62,040 with potential rent at £76,320. Further scope to increase revenue through long term asset management*** ***Entire building laid out over 3 floors containing 12 office suites, kitchen area, communal breakout areas and toilets. Parking available to rear of building*** ***Occupancy levels are at 75% with active marketing to fill the 3 vacant suites. Current rental income £62,040. Potential rental income £76,320. Full management avaialble for hands free investment*** ***The property has been fully upgraded which will minimise any short term general running costs*** Highly attractive letting space with strong rental demand*** ***Solid commercial investment with immediate income. Multiple units with diverse occuopancy reduces singe let risk factor. Fantastic location in the centre of Musselburgh on the edge of Edinburgh*** High yielding commercial asset with immediate cash flow from existing tenancies and scope to increase returns. Multi-Occupancy Commercial Investment Atrtractive commercial office block located in the heart of Musselburgh which is East Lothian's most sought-after areas. The property comprises of 12 letting suites and associated communal areas, laid out over 3 levels extending to approximately 3,113 sq ft. Fkexible space suitable for a variety of professional tenants. Located just minutes from Musselburgh High Street, the property enjoys excellent transport links to Edinburgh, the A1 and the City Bypass, making it an attractive base for both local and regional businesses.

Musselburgh is a well-established East Lothian town offering an attractive commercial alternative to Edinburgh city centre. Located just six miles east of Edinburgh, it benefits from excellent road, bus and rail connections, providing convenient access to the capital while offering potentially lower occupational costs. The town has a strong local population, established commercial infrastructure and a wide range of amenities, making it an increasingly appealing location for businesses seeking close proximity to Edinburgh without the associated city-centre costs.

Full Address: 21 Eskdale West, Musselburgh, Edinburgh, EH21 6PL

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Map & Location

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Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £590,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £4,000 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.





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