From
£375,000
Property for saleThe Limes, Napier Road, Edinburgh EH10
Just added
Auction
About this property
Prominent Ground Floor and Basement Corner Convenience Store
Let to Margiotta Retail Limited, a well known local covenant.
Comprising 1,757 sq ft
Lease expires 2035 (1)
VAT is Not applicable
Six week Completion Available
Investment let at £34,750 p.a. (9.27% giy on guide)
Strapline
Auction Sale - 21/04/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A well located Heritable Convenience Store arranged over Ground and Basement, in an affluent Edinburgh suburb.
Investment let at £34,750 p.a.
Description
The property is arranged on the ground and basement floors of a prominent corner unit located at the junction of Comiston Road and Morningside Drive.
The property is let to Margiotta, a well established independent convenience store operator with multiple units in Edinburgh and surrounding commuter towns around the capital.
Comiston Road links the three affluent areas of Morningside, Greenbank and Braids.
Location
Edinburgh is the capital city of Scotland and its principle, financial and administrative centre situated on the southern shore of the Firth of Forth
The city benefits from strong road communications being served by the M8 and M9 motorways from the west, M90 from the north and the A1/A7 from the south
Transport
Edinburgh Waverley Station is approx 2.6 miles north of the property and provides direct rail services to London, whilst Edinburgh Haymarket Station is approx 1.9 miles north of the property which provides rail services to Edinburgh Airport
Several local Bus services run along Comiston Road
Tenancy
Let to Margiotta Retail Limited on a lease dated 27th March 2007, for a term of years expiring 11th August 2035
Rent Review 31st July 2030 and Tenant's option to Break 12th August 2030, Reverison 2035
Effectively fr&I
Tenant Information
Website:
D&B Rating 1A1
The tenants operate from 12 Branches
Accommodation
Ground Floor Retail 73.71 sq m (793 sq ft)
Ground Floor Storage/Kitchen 23.90 sq m (257 sq ft)
Basement Storage 65.65 sq m (707 sq ft)
Total 163.26 sq m (1,757 sq ft)
Auction Sale - 21/04/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A well located Heritable Convenience Store arranged over Ground and Basement, in an affluent Edinburgh suburb.
Investment let at £34,750 p.a.
Description
The property is arranged on the ground and basement floors of a prominent corner unit located at the junction of Comiston Road and Morningside Drive.
The property is let to Margiotta, a well established independent convenience store operator with multiple units in Edinburgh and surrounding commuter towns around the capital.
Comiston Road links the three affluent areas of Morningside, Greenbank and Braids.
Location
Edinburgh is the capital city of Scotland and its principle, financial and administrative centre situated on the southern shore of the Firth of Forth
The city benefits from strong road communications being served by the M8 and M9 motorways from the west, M90 from the north and the A1/A7 from the south
Transport
Edinburgh Waverley Station is approx 2.6 miles north of the property and provides direct rail services to London, whilst Edinburgh Haymarket Station is approx 1.9 miles north of the property which provides rail services to Edinburgh Airport
Several local Bus services run along Comiston Road
Tenancy
Let to Margiotta Retail Limited on a lease dated 27th March 2007, for a term of years expiring 11th August 2035
Rent Review 31st July 2030 and Tenant's option to Break 12th August 2030, Reverison 2035
Effectively fr&I
Tenant Information
Website:
D&B Rating 1A1
The tenants operate from 12 Branches
Accommodation
Ground Floor Retail 73.71 sq m (793 sq ft)
Ground Floor Storage/Kitchen 23.90 sq m (257 sq ft)
Basement Storage 65.65 sq m (707 sq ft)
Total 163.26 sq m (1,757 sq ft)
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Monthly repayment
£1,875 per month
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