Another investment sale a long way from home!
On behalf of a private client we have sold the above property which is let to Edinburgh Woollen Mill, with a self-contained office suite at first floor let to DMC Consulting Ltd at a combined rental of £54,000 pax.
The purchasers, Equorium Property Co Ltd, are a related company to EWM, and a price of £500,000 was paid representing a net initial yield of 10.32%.
David Brackenridge commented “as this shows, we remain active in the retail market throughout the country”.
