Commercial · For sale
38 Queen Street, Edinburgh – Prominent Corner Retail Investment
38 Queen Street, Queen Street, Edinburgh, City of Edinburgh, EH2 1JX
Offers over £1,250,000
- Tenure
- Freehold
- Added
- 18 Oct 2026
About this property
Let to Harvey & Thompson Limited (t/a H&T Pawnbrokers) - FRI lease to 9 August 2036, no breaks.
The premises occupy a highly prominent corner position, benefiting from an extensive return frontage to Frederick Street and customer access from both Queen Street and Frederick Street. Arranged over ground and basement levels, the property forms part of a substantial stone-built building beneath a pitched slate roof. The premises are let to a long-established and well-known pawnbroker and are steeped in local history. Of particular note are the distinctive statues adorning the frontage, which are Category A listed and contribute significantly to the property's character and prominence. Internally, the accommodation is fitted out as a pawnbroker, providing a spacious ground-floor sales and customer trading area, with ancillary storage and staff facilities at basement level.
Key points: - Prominent corner retail investment located in Edinburgh City Centre. - Established retail premises with a long-standing history as a recognised pawnbroker. - Let to Harvey & Thompson Limited (t/a H&T Pawnbrokers). - FRI lease expiring 9 August 2036, with no tenant break options. - Passing rent of £85,000 per annum. - Offers in excess of £1.25m exclusive are invited, reflecting an attractive NIY of 6.42%.
Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.
Features
- Passing Rent: £85k pa
- Net Initial Yield: 6.42%
- Tenure: Heritable