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8 Piershill Lane, Portobello, EH8 7EJ

£85,000

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Investment

Commercial

8 Piershill Lane, Portobello, EH8 7EJ

Unique Commercial Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant former mechanic centre located within a prime location in Portobello.

  • **Capturing the attention of shrewd commercial investors seeking a rare investment opportunity. It presents a unique chance to acquire a valuable asset at a compelling price.**

  • This property is being offered at a substantial discount with rate value £4,650, it would benefit from business rate relief.

  • The property benefits from significant foot traffic, making it a prime location for commercial success. 

  • Given the size and scope of the site, the property holds exceptional potential for uplift, subject to local authority planning consent, providing a unique development opportunity.

PRIME NEW LISTING. We are excited to present this vacant former mechanic centre located within prime location in Portobello.

The property comprises a large and spacious workshop area and with ample wrap-around parking.

This property is being offered at a substantial discount, capturing the attention of astute commercial investors. It presents a unique chance to acquire a valuable asset at an exceptionally compelling price.

Given the size and scope of the site, the property holds exceptional potential for uplift, subject to local authority planning consent, providing a unique development opportunity.

With its strategic positioning and substantial foot traffic, this property is poised for commercial success, offering high visibility and accessibility that are vital for any thriving enterprise.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

**This property is being offered at a substantial discount, capturing the attention of shrewd commercial investors seeking a rare investment opportunity. It presents a unique chance to acquire a valuable asset at a compelling price.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Portobello is a thriving coastal suburb of Edinburgh, known for its picturesque sandy beach and vibrant community. It offers an excellent mix of residential and commercial activities, making it an attractive area for business investment. With its proximity to the city centre, Portobello combines the charm of seaside living with the benefits of urban convenience.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£14,500

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.