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10-11 , Royal Park Place, Edinburgh, Edinburgh, EH8 8HZ
7,291 Sq Ft / Industrial
Withdrawn - Last updated: 25 November 2015
This is a rare opportunity to acquire a multi-let industrial investment in the centre of Edinburgh. There is an established tenant line up with well based rents, including motor vehicle uses with proven occupier demand. This is a VAT free investment offering a net initial yield of 9.78%.
Location
The property lies on the north side of Royal Park Place, which is accessed off Clockmill Lane, which joins London Road and Spring Gardens / Royal Park Terrace. The subjects are in close proximity to Meadowbank Sports Centre, Abbeyhill Industrial Estate and the
Meadowbank Retail Park.
Accommodation
The property comprises seven single storey units accessed directly from Royal Park Place. All the units have roller shutter doors and they benefit from lighting, power and WC facilities. Internally the subjects benefit from lighting, power and WC facilities.
Terms
We are instructed to seek offers in excess of £495,000 (Four Hundred and Ninety Five Thousand Pounds) for the heritable interest in the subject property. A purchase at this level reflects a net initial yield of 9.78%, assuming standard purchaser’s costs of 4.80%.
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