Occupying a 100% prime pitch position on George Street, this flagship retail property is let to lifestyle brand White Stuff on a new 10-year lease from June 2023, at £220,000 per annum.
The 7,819 sq ft Grade B listed property includes the 6,882 sq ft White Stuff store alongside a vacant first and second floor mews apartment which is ripe for refurbishment.
Boasting excellent transport connections across the city, the property is located just 4 minutes’ walk from Princes Street tram stop and 9 minutes’ walk from Waverley train station.
FMX’s Tom Heptonstall and Patrick Kilvington have been instructed alongside joint agents Monica McRoberts and Charlie Springall of Springford & Co to seek offers in excess of £3.6m for the property, reflecting a net initial yield of 6% on the retail income and an allocation of £150,000 on the rear mews apartment. Get in touch today to find out more details.
Enter your email address to subscribe to our property email alerts.
Enter your name and email address below to subscribe to our property email alerts.
