Sakura, 18 West Preston Street, EH8 9PU
Sale history
£410,580 in October 2015
The property
Part Exchange available, McEwan Fraser Legal are delighted to be able to present to the market The Sukura Guest House, which is currently trading as a fully serviced seven room guest house. The property occupies part of a Victorian terrace comprising main door access including basement accommodation. This is a unique opportunity to purchase a substantial property and business located in one of the most historic cities in the world. Sakura Guest House is currently run on a fully managed basis with considerable scope for further development. The property also has the potential to be redeveloped into an HMO providing the correct planning application and permissions are obtained or a prestigious residential residence. Accommodation ground floor- including main door access, breakfast room/lounge and two letting bedrooms, plus owner’s accommodation. Basement level five, letting room’s mix of double single and family rooms with access to shower rooms and separate WC. Legal costs: each party will be responsible for their own legal costs with the tenant responsible for the payment of any stamp duty, land tax and registration dues. VAT: Value Added Tax at the prevailing rate will apply (if applicable).
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Additional Info
Rateable value: the Uniform Business Rate for 2014/15 is currently set at £0.471. 100% rates relief may be available to qualifying companies under the Scottish Government’s Small Business Bonus Scheme, full details are available on the Scottish Government’s website or via the Sole Agent. Accounts will be made available to serious parties only following a formal viewing and NOI. Early viewing recommended Tenure: Freehold Services: gas, electric and water all mains serviced. (Included in the sale): Will be discussed following a formal viewing.
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