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Closing Date Set For Thursday 7th December At 12pm, West Craigs Industrial Estate, Turnhouse Road, Edinburgh, EH12 0BD

For Sale - Under Offer

  • Tenure

    For Sale
  • Type

    Investment
  • Price

    Offers in Excess Of £6,000,000
  • Size

    68,950 Sq Ft
  • Ref No

    14915

Property Highlights

  • Passing rent of £472,567 pa (£7.48 psf)
  • WAULT of 5.4 years to expiry and 3.8 to breaks
  • Outright ownership (heritable) ownership
  • Capital rate of £87 psf
  • ERV of c.£662,800 pa
  • Tenants include Euro Car Parts, Jewson, Dulux & Sky

Overview

***Closing Date Set For Thursday 7th December At 12pm***

The property is an industrial estate in Edinburgh extending to c.68,950 sq ft with a total site area of c.4.46 acres. The industrial estate provides significant asset management opportunities and reversionary potential, as well as underlying alternative use potential (subject to planning).

The subject is ideally located for access to Edinburgh City Centre, Edinburgh Airport, City of Edinburgh Bypass and National Motorway Network.

We are instructed to invite offers in excess of £6 million exclusive of VAT, representing a net initial yield of 7.33% allowing for usual purchaser's costs and LBTT of 6.6%.