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West Harbour Road, Edinburgh, EH5

POA

PIP Asset Management, St Helier
SIZE AVAILABLE

141,570 sq ft

13,152 sq m

SECTOR

Warehouse for sale

Description

Class 1 retail warehouse freehold reversionary ground lease investment

RPI linked freehold ground investment.
3.25 acres with current Class 1 retail warehouse of 57,585 sq ft.
Current guaranteed rent of £104,696 per annum (1.80/sqft) based on RPI calculation to 2023.
Long leasehold to Glasgow Angling Centre Commercial Ltd with low risk 2A2 D&B rating, with circa 160 years unexpired.
Rent reviews 5-yearly, linked to RPI (0% collar 4% cap) annually compounded. Next rent review due 25th Dec 2024


Location:
65 West Harbour Road, Edinburgh EH5 1PH
Prime position on Edinburgh's Waterfront
Significant new build developments adjacent
12 minutes drive from Edinburgh City Centre
Granton Harbour is 1.5 miles from the Newhaven tram terminus,

Other information:
Major redevelopment in the local area, £1.3bn regeneration project including 3,500 new homes, new marina & hotel

Availability
Available for purchase upon completion subject to conclusion of all legal formalities.

Price
Price on application

Legal & Professional costs
Each party shall be responsible for their own costs; the purchaser shall be responsible for registration dues, stamp duty, VAT and any other expenses incurred.

Viewing
For appointments to inspect and any other information please contact the owner's agent directly:
PIP Asset Management LLP.

West Harbour Road, Edinburgh, EH5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Edinburgh Waverley Station2.5 miles
  • Haymarket Station2.5 miles
  • Slateford Station3.9 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 65West. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PIP Asset Management, St Helier. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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