West Craigs Industrial Estate, Turnhouse Road, Edinburgh, EH12 0BD
Turnhouse Road, Edinburgh, EH12 0BD bb
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
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%.