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The Print Works, 2 East Telferton, Edinburgh, EH7 6XD

25,242 Sq Ft / Industrial

Withdrawn - Last updated: 30 April 2020

INVESTMENT SUMMARYWell located distribution facility, situated 3.5 miles east of Edinburgh city centre.The A1 lies approximately 3 miles to the south.Distribution facility extending to 25,242 sq.ft (2,345.04 sq.m).Let to Scottish Widows Services Ltd until 31st December 2026.  Tenant break option on 31st December 2023.Heritable interest (Scottish equivalent of English Freehold).Rent of £207,597.37 per annum.Guaranteed annual fixed uplift of 3.00% per annum.Strong performing industrial occupational and investment market.Offers in excess of £2.376 million (Two Million, Three Hundred and Seventy Six Thousand Pounds Sterling) which reflects a net initial yield of 8.25% and a reversionary yield of 10.18% assuming purchasers costs of 5.89%.

Location

The Print Works, 2 East Telferton, Edinburgh , EH7 6XD, Midlothian, Scotland


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