Non quoting
Office for saleThe Walled Garden, Bush Estate, Penicuik, Midlothian EH26
From 16,577 - 26,087 sq. ft
Available immediately
About this property
Located adjacent to Edinburgh Technopole and part of the Midlothian Science Zone.
Modern office, lab and training facility. EPC B.
Buildings owned and occupied by select, select are the trade association for the electrotechnical contracting industry in Scotland -
D&B score 01 - Minimum Risk
Site extends to approximately 3 acres
North Building - 16,577 sq ft completed 2002. Occupied by select.
South Building - 9,510 sq ft completed 2010. Multi let.
Designed by Oberlanders Architects
Tarmac surfaced car parking for 94 vehicles, including disabled and six electric charging point bays.
For Sale - Unique Owner Occupier, Sale and Leaseback, Investor/ Developer Opportunity.
Offers are invited for the sale of both buildings with the benefit of a sale and leaseback to select over the South Building. An offer may be considered for a sale of the north building on its own.
Select propose relocating to the south building taking a 10 year leaseback with 5 year tenant only break option at an annual rent of £130,000 / £15.29 sq ft with a fixed rental uplift after 5 years to £140,000 / £16.48 sq ft.
Offers are invited for the sale of both buildings with the benefit of a sale and leaseback to select over the South Building. An offer may be considered for a sale of the north building on its own.
Select propose relocating to the south building taking a 10 year leaseback with 5 year tenant only break option at an annual rent of £130,000 / £15.29 sq ft with a fixed rental uplift after 5 years to £140,000 / £16.48 sq ft.
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