Prime Development Opportunity
Opportunity to purchase 59.50 acres (24.08 Ha) of Prime Residential Development Land Within the wider HSG 32 LDP allocation and PPP Minded to Grant application for residential led mixed use development Popular location given its excellent road and rail connectivity, good schools, local amenities and attractive coastal setting 10 miles north west of Edinburgh on the shores of the Firth of Forth Interested parties are advised to contact the selling agents JLL and John Brown & Co. for further information.
Prime High Street Retail Investment Opportunity
Edinburgh is Scotland's capital city and Europe's 4th largest Financial Centre. Prime retail investment located on Princes Street which boasts Edinburgh's highest footfall with over 12 million people per year. Let to Edinburgh Woollen Mill (D&B Rating 5A1) until 30th April 2028 following a lease extension. Prime retail unit arranged over ground and basement floors extending to a NIA of 3,419 sq ft. Current passing rent of £155,000 per annum which equates to a Zone A rate of 142.73 per sq ft. Rents on Princes Street have recently reached in excess of £250 per sq ft Zone A. Heritable Tenure (Scottish Equivalent of English Freehold).
Offers in excess of £2.75 million are sought for our client's heritable interest in the property, subject to contract and exclusive of VAT.
A purchase at this level would provide a net initial yield of 5.32%, assuming purchaser's costs of 5.95%.
Extensive Development Opportunity
Closing Date set for Thursday 4 October 2018 at 12 Noon For Sale - As a Single Lot Attractive Property with Grounds to Rear Site area of 1.48 acres (0.6 hectares) Edge of Edinburgh City Centre Excellent transport links and nearby amenities Wide range of potential alternative uses considered including residential, hotel, student accommodation