Log In/Sign Up
Your email has been sent.
4-5 Lochside Av 42,519 SF 100% Leased 4-Star Office Building Edinburgh EH12 9DJ $14,768,868 ($347.35/SF) 9.06% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in prime location of Edinburgh Park, surrounded by leading global occupiers including Aegon, JP Morgan, HSBC, Menzies, and Diageo
- Currently multi-let to Lumcaron Technology Ltd, Pulsant Ltd, and SP Transmission PLC, boasting an impressive average Experian rating of 97/100
- The property has undergone extensive refurbishment by Knight Property Group, an award-winning company in commercial development
EXECUTIVE SUMMARY
Offers in excess of £11,000,000, are invited for the benefit of our clients heritable interest (Scottish equivalent to English freehold) subject to contract and exclusive of VAT. A purchase at this level would provide a very attractive net initial yield of 9.06% and a low capital value of £259 psf assuming purchasers costs of 6.70%.
Produces a passing rent of £1,062,975 per annum, reflecting an average rent of £25 per sq ft.
Attractive unexpired term of 7.55 years to expiries and 4.87 years to breaks.
Produces a passing rent of £1,062,975 per annum, reflecting an average rent of £25 per sq ft.
Attractive unexpired term of 7.55 years to expiries and 4.87 years to breaks.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
42,519 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1996/2021
Price
$14,768,868
Price Per SF
$347.35
Cap Rate
9.06%
NOI
$1,338,059
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,173 SF
Building FAR
0.31
Lot Size
3.10 AC
Parking
234 Spaces (5.5 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Pond
- Raised Floor
- Security System
- Signage
- Wheelchair Accessible
- Energy Performance Rating - B
- Reception
- Car Charging Station
- Bicycle Storage
- Natural Light
- Air Conditioning
1 1
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4-5 Lochside Av
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.