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The Forth Portfolio, Forth Industrial Estate & Forth House, Fairykirk Road, Rosyth, Fife, KY11 2QQ
For Sale
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Tenure
For Sale -
Type
Investment - Industrial/Logistics -
Price
£2,340,000 Offers Over -
Size
22,922 Sq Ft -
Ref No
12304
Property Highlights
- Prominently located adjacent to Junction 1C of the M90 with excellent transport links and connectivity
- Diverse tenant mix, versatile range of accommodation and income profile
- Low average rent of c.£7.64 per sqft. Strong prospects for rental growth
- Asset management / value-add initiatives
- Total accommodation: 22,922 sqftTotal rent £174,125 pa (including cover)
- Offers over £2,340,000 exclusive of VAT.
- Net initial yield of 7.00% assuming standard purchaser's costs of 6.31%
- Also available as two separate lots: 1) Forth Industrial Estate2) Forth House
Overview
Modern multi-let light industrial portfolio for sale. Strategically located in Fife with excellent links to the motorway network for central Scotland.
Significant local occupiers include Babcock, Forth Ports, Sainsbury's Bank, BAE Systems, Ingenico, Amazon and Rolls-Royce.
Floors/Units
- Forth House 10,036 Sq Ft
- Forth Industrial Estate 12,523 Sq Ft