Freehold Commercial Property

Freehold retail commercial unit for sale. The large corner unit is located on the corner of Dundee Terrace in Fountainbridge a highly sought after retail location. There is a large footfall as well as a large student population in the area as well as a cinema, bars and restaurants.

The premises are approximately 110 square metres. There is currently a businesses running from the unit but the owners are retiring and closing the business down. The unit has a class one retail licence but a new owner may apply for a class 3. This is a great investment opportunity as it could easily be rented out as retail units in this area are in high demand.

The rateable value is currently £11,300 so any new business will benefit from 100% small business rates relief. Freehold units are very rarely available in this area so early viewing is highly recommended.