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Q Court, Quality Street, Davidson Mains, Edinburgh, EH4 5BP
14,554 Sq Ft / Offices
Withdrawn - Last updated: 05 October 2020
- Modern high quality flexible open plan office accommodation, constructed in 1990- Located 3 miles to the north west of Edinburgh’s city centre, on one of the main arterial routes into the city- The property extends to 14,554 sq.ft (1,352.09 sq.m) with 33 dedicated car parking spaces, providing an excellent ratio of 1:441 sq.ft- Currently let to five national covenants with one vacant unit- The property has a weighted unexpired term of 6.40 years to lease expiries and 2.24 to breaks- Opportunities to add value through active asset management or possible alternative uses (subject to planning)- Total current income of £XXX equating to an average rate of £XXX per sq.ft- Heritable interest (Scottish equivalent of English Freehold)Offers in excess of £XXX are sought for our clients’ Heritable interest in the property. A purchase at this level would provide a net initial yield of 17.25% assuming purchaser’s costs of 5.80%, and a low capital rate of £XXX per sq.ft.
Location
Q Court, Quality Street, Davidson Mains, Edinburgh , EH4 5BP, Midlothian, Scotland
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