FOR SALE: Multi-Let Retail Investment and Development Opportunity
A multi-let neighbourhood retail parade on a prime pitch within one of Edinburgh’s most affluent suburbs, including seven shop units with a dedicated service yard and car parking to the rear being sold by Lambert Smith Hampton on behalf of Cobra Estates Ltd.
The site would suit a number of uses including its existing use as retail with a further element of leisure, residential, hotel, student housing, care home accommodation or assisted living, subject to the relevant consents. The property was constructed in the mid 1960s and is of concrete frame construction under a flat roof.
Low density site coverage. Freehold opportunity.
Lambert Smith Hampton is seeking offers in excess of £3,000,000 exclusive of VAT.
The subjects are located in the heart of Corstorphine on the prime retail pitch which caters for an extensive local catchment. The site occupies a prominent position on the corner of St John’s Road and Manse Road. Nearby occupiers include Sainsbury’s, Greggs, Iceland, JD Wetherspoon, Royal Bank of Scotland, Magnet, Co-operative and Dominos.
St John’s Road is located in the affluent suburb of Corstorphine in west Edinburgh. It forms part of the A8, the major arterial route from Edinburgh Airport and South Gyle to the city centre.
For more information on this development opportunity, view here or contact:
Andrew Shiells, Lambert Smith Hampton
T: +44 (0) 131 226 0329