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166 High St
Edinburgh EH1 1QS

Retail Property For Sale · 4,687 SF

Investment Highlights

  • Recently refurbished to a high standard.
  • Private entrance.
  • Directly facing the Royal Mile.

Executive Summary

166 High Street comprises a 1st floor self-contained office, lying within a substantial mid terraced stone built tenement building, held under a pitched timber and slated roof. The property is accessed directly off the Royal Mile via a secure door and entry system. 166 High Street is in the immediate vicinity of St Giles Cathedral, Tron Kirk and around a 5 minute walk (0.3 miles) from Edinburgh Castle, Scotland’s number one tourist attraction. Nearby occupiers include Starbucks, Filling Station, Bella Italia, Radisson Blu, Edinburgh Fringe Shop and Cafe Nero

PROPERTY FACTS

Unit Size 694 SF
No. Units 1
Total Building Size 4,687 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 1,979 SF
Year Built 1850
Lot Size 0.14 AC

1 Unit Available

Unit 166

Unit Size 694 SF
Condo Use Office
Sale Type Investment
Tenure Freehold
Cap Rate 5.12%
NOI $39,498.97 CAD
Description

The subjects are self-contained in nature providing front and back office rooms, together with 2 toilet cubicles, one containing a shower facility. Open plan tea preparation facilities are provided within the front office area. The property recently received a significant refurbishment, which includes; new toilets, shower and an integrated sound system.

Sale Notes

Our client would consider offers in excess of £450,000 (VAT
Exempt). The property is held in an SPV and therefore the
preference is to sell the company with the benefit of the
property.

1st floor 166 High St
1st floor 166 High St
1st Floor 166 High St
1st floor 166 High St Kitchen
View Photo 1st floor 166 High St
View Photo 1st floor 166 High St
View Photo 1st Floor 166 High St
View Photo 1st floor 166 High St Kitchen

Amenities

  • 24 Hour Access
  • Security System
  • Listing ID: 31605268

  • Date on Market: 2024-04-25

  • Last Updated:

  • Address: 166 High St, Edinburgh EH1 1QS

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