Posted Friday, May 21, 2010
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Half-million retail deal on The Mound
Stewart McIntosh

On behalf of a private landlord, Ryden has sold a prominent retail unit at 4-6 North Bank Street on the Mound in Edinburgh to a private investor. The 2,077 sq ft unit has been sold for a figure in the region of £500,000.

 

Margaret Milne, owner of Just Scottish, which previously occupied the premises, said: "I have been pleased with the way in which the sale has been handled with no disruption to my business. After trading successfully for many years as a gallery and a gift shop, I look forward to moving my operation online."

 

Will Biggart, surveyor at Ryden, said: "We are delighted with the sale price that we achieved for our client, and this, coupled with other recent sales in the area, shows that the historic part of the city, with its high influx of tourists throughout the year, continues to appeal."

 

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