Verified listing
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Index-linked retail investment

Edinburgh, United KingdomUnlock address

85%

£18.150.000

Retail

#34326

Core

18 Sep 2024

Property Details

Broker

Sold

46,142 sq.ft.

4,287 m²

GIA

393 £/sq.ft.

4,233 £/m²

5.50 %

2

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Affluent residential district with a resident population in excess of 31,000. LET TO WAITROSE UNTIL MARCH 2041 AND KWIK FIT (EUROPEAN TYRE ENTERPRISE LTD) UNTIL DECEMBER 2032. CONTRACTED RENT OF £1,066,181 PA. 100% OF THE INCOME IS SUBJECT TO RPI LINKED RENTAL INCREASES. WEIGHTED AVERAGE UNEXPIRED LEASE TERM (WAULT) 16.01 YEARS.