FRI lease to Simpson Label Company Limited, part of the NSD Labelling Group BV
Expiring 20th June 2033
Current passing rent of £120,000 per annum (£2.92 per sq ft)
Well established tenant with original lease dating from June 2002
Total GIA of 41,171 sq ft
Estimates site area of 2.79 acres
Offers over £1,000,000 exclusive of VAT
Attractive NIY of 11.36% and low Capital Rate of £24.29 per sq ft
Overview
High yielding industrial investment located in Dalkeith. The property comprises a detached industrial facility with ancillary office and reception areas set on a substantial self-contained and secured site.