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6 Logie Mill, Edinburgh, EH7 4HH

For sale: £595,000.00|2909 Sq Ft|Office, Offices

PROPERTY DETAILS

FOR SALE£595,000.00
SIZE2909 Sq Ft
ADDRESS6 Logie Mill, Beaverbank Business Park, Edinburgh, EH7 4HH
TYPEOffice, Offices
TENUREFor Sale Freehold
POSTED ON27th May 2019

DESCRIPTION

Long Income Office Investment Opportunity



  • Long income office opportunity located Edinburgh, Scotland’s capital city;
  • Single let office property in an established business park location in proximity to the city centre.
  • Self contained, modern ground floor office extending to 2,909 sq ft (270.24 sq m);
  • Let to AH & Co Ltd until 14th June 2029 at a current passing rent of £40,000 per annum which equates to £13.75 per sq ft;
  • There are five yearly upward only, open market rent reviews with the next review due on 15th June 2024;
  • Heritable tenure (Scottish equivalent of English Freehold).
  • Offers in excess of £565,000 (Five Hundred and Sixty Five Thousand Pounds Sterling) 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 6.75% assuming purchaser’s costs at 4.76%.

    LOCATION

    Location: 6 Logie Mill, Beaverbank Business Park, Edinburgh, EH7 4HH

    Edinburgh Waverley (0.8 miles)

    Edinburgh Park (1.4 miles)

    Haymarket (1.6 miles)

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