Property unavailable
This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.
Please note we do not have names or contact details of anyone currently occupying this building
we are also unable to provide details of the agents that posted the original advert with us.
If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com
If you would like to know if this, or any similar property comes back or on to the market
please click here to get updates by email.
Scottish Qualifications Authority
24, Wester , Edinburgh, EH22 1FD
53,973 Sq Ft / Offices
Withdrawn - Last updated: 30 April 2020
OFFICE INVESTMENT WITH 20 YEARS UNEXPIRED GOVERNMENT INCOME
Closing Date : 06/10/2016Investment Summary** CLOSING DATE SET THURSDAY 6TH OCTOBER 2016**
Located to the south east of Edinburgh city centre, Shawfair Park is the largest urban expansion project in Midlothian;
SQA is a Grade A office premises forming part of the commercial phase to the wider Shawfair development;
The property benefits from excellent transport links, being within walking distance to Shawfair Railway Station and having direct access to the city bypass and main Scottish motorway network;
The property is adjacent to Sheriffhall Park and Ride with a further 561 parking spaces and frequent bus services to the city centre;
The property extends to 53,973 sq ft of Grade A office accommodation over 3 floors and benefits from 149 parking spaces (1:362 sq ft);
Leases recently extended until 2036 to provide 20 years unbroken term to the Scottish Ministers at £XXX per annum, with 5 yearly rent reviews;
Heritable interest (Scottish equivalent of English Freehold).
Offers in excess of £XXX are sought for our client’s Heritable interest, subject to subject to contract and exclusive of VAT. A purchase at this level would provide a net initial yield of 6.50%, based on purchaser’s costs of 6.22%.
Location
24, Wester Shawfair, Edinburgh, EH22 1FD, Midlothian, , Scotland
Email me updates about similar new properties
Show similar properties