Class A, Off-Market Office Building For Sale In Scotland (8% yield)
Basics
- Date added: Added 4 years ago
- Country: Scotland
- Category: Building, Commercial, For Sale, Guaranteed ROI, Investment, Office, Office Building, Property, Real Estate, ROI, Scotland, Yield
- Type: Block, Building, Office, Office Building
- Status: For Sale
- Year built: 2013
Description
-
Description:
For sale in a major city located in Scotland - is an exclusive Class A Office Building with a 12 years lease in place and an 8% yield.
The building is leased to the owner for the next 12 years.
(the company), has always paid prior to the rental due date.
(the company), has consolidated all their staff into this building from all other offices.
Rent increases 3% every year.
The property is owned through an SPV, so 5% stamp duty is saved on acquisition.
(since the acquisition is a company rather than property).
Currently generating 8% yield.
Recommended to hold for 4 years, extend the lease with (the company) and then sell onwards.
Debt facilitates can be coordinated for the new owner.
The building was built in 2013.
Available for sale and is off-market.
Show all description
Fees from the buyer side applies.