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Edinburgh Park, Edinburgh, EH12 9DF
not specified / Industrial
Withdrawn - Last updated: 30 April 2020
Outstanding strategic investment & development opportunity.Edinburgh Park is widely acknowledged as Scotland’s premier business park.Strategic location 2 miles east of Edinburgh International Airport and 6 miles west of Edinburgh city centre.Unparalleled access to key transport infrastructure, with direct access to the M8 and Edinburgh City Bypass. The new tram line runs through Edinburgh Park with 3 halts giving direct access to Edinburgh International Airport and the city centre. The Park is also serviced by two railway stations.Property for sale comprises all of the assets held by New Edinburgh Limited, the developer of Edinburgh Park since the early 1990s.Assets include 7 Lochside View – the most modern and prominent office in west Edinburgh, let to WSP, Scottish Water Business Stream and JDSU; various ground lease interests, a pay & display car park and 48 acres of strategic development land, with planning consents for business park and ancillary uses and potential for a number of alternative uses.Total net income of £XXX per annum, with short-term opportunities to improve the running income.Wide ranging asset management opportunities with existing assets and development land.Offers sought in excess of £XXXm for all of the assets, which provides a net income yield at purchase of 7.48%.
Location
Edinburgh Park, Edinburgh , EH12 9DF, Midlothian, Scotland
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