Tenanted retail investment on Comiston Road, Edinburgh
We’ve brought 127–129 Comiston Road to the market at a £220,000 guide price. For an investor looking for an income-producing Edinburgh property, it offers an existing retail tenant, a lease stated to expire in 2040, and an advertised yield of over 7%.
The tenant operates a newsagent selling groceries and other everyday essentials. The lease is on full repairing and insuring terms, with rent reviews scheduled for 2030 and 2035.
What we like about this property is that the location makes sense beyond the current tenant. It sits in an established residential neighbourhood, close to South Morningside Primary School, with a double frontage onto Comiston Road. The road is a main route through this part of Edinburgh, connecting the local shops and services with Morningside and the neighbourhoods further south.
The shop has approximately 980 sq ft of net internal space. There’s an open sales area at the front, with storage, staff facilities and an office behind it. It’s a practical layout with a visible frontage—qualities that remain relevant when considering the property’s longer-term letting potential.
No one can tell you what the retail market will look like when this lease eventually ends. But an investment should be considered as a property as well as an income stream. Here, the combination of local-centre position, established residential surroundings and double-fronted accommodation gives an investor a clear reason to look at the underlying asset.
For the tenancy details and to arrange a viewing, see the full Comiston Road listing or call IME on 0131 290 2350.