West Craigs Industrial Estate - Edinburgh_Property for Sale
West Craigs Industrial Estate - Edinburgh_Property for Sale
Turnhouse Road, Edinburgh, EH12 0BD, UK

West Craigs Industrial Estate - Edinburgh

Description

  1. Rare opportunity to acquire a reversionary multi-let urban industrial estate in Edinburgh, with strong connections to Scotland’s motorway network.
  2. Edinburgh is Scotland’s capital city and the strongest economy of any city in the UK outside London.
  3. The Edinburgh industrial market provides critically low levels of supply, with robust levels of demand, resulting in an average rental growth of 6.1% over the past 12 months.
  4. Strategically located 6 miles west of Edinburgh city centre with easy access to the Edinburgh City Bypass (A720).
  5. The estate comprises a total of 20 units, across 7 terraces, extending to approximately 67,018 sq ft GIA.
  6. Site area of 6.50 acres, showing a low site cover of 36%.
  7. Fully let at £662,109 per annum (£9.88 psf), with an estimated rental value of £770,471 per annum (£11.50 psf) supported by recent open market lettings.
  8. 68% of the headline rental reversion across the estate is accessible within the next 3 years .
  9. WAULT of 4.8 years to expiry and 3.3 years to break.
  10. Strong and diversified tenant lineup includes Jewson, Sky, Dulux, Euro Car Parts, Orbis and CitySprint.
  11. Significant asset management opportunities.
  12. Heritable Interest (Scottish Equivalent of English Freehold).
...

Attributes

Building Area
67,018 sq ft
Asking Price
£8,870,000
Net Initial Yield
7.00%
Reversionary Yield
8.14%
Occupancy
100%
WAULT
4.8 years
Capital Rate
£132 per sq ft

Media

Investment highlights

  1. Rarely available, urban multi-let industrial estate in one of the UK’s leading regional cities.
  2. High occupational demand and critical supply shortage provide strong fundamentals for continued rental growth.
  3. Surrounding the estate, a residential masterplan is currently unfolding, which is set to provide approximately 1,700 new homes alongside local amenities, parks, a new school, and leisure facilities.
  4. Fully let to a diverse mix of established tenants with a WAULT of 4.8 years to expiry.
  5. Significant asset management opportunities to increase rental tone across the estate, via a combination of lease renewals/ extensions, new lettings and refurbishments.
  6. Landlord break options on Units 3, 4 and 5A-C provide the opportunity to refurbish, increase the rental tone and secure longer term leases to high quality tenant covenants.
West Craigs Industrial Estate - Edinburgh 4_Property for Sale
West Craigs Industrial Estate - Edinburgh 4_Property for Sale

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West Craigs Industrial Estate - Edinburgh (0 Properties)

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Last updated
Oct 9, 2025