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Gateway House Royston Rd 118,459 sq ft Industrial Property Livingston EH54 8AL £7,310,000 (£61.71/sq ft) 10% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Livingston is located approximately 16 miles west of Edinburgh and 27 miles east of Glasgow
- The property benefits from: 13 dock level loading doors, 1 electrically operated roller shutter door
- There is adjoining single-storey office accommodation, and a canopy on both the western and northern elevations
EXECUTIVE SUMMARY
Instructed to seek offers in excess of £7,310,000 exclusive of VAT for our client’s Heritable Interest which, assuming standard purchaser’s costs and prevailing LBTT, reflects a Net Initial Yield of 10% and a capital rate of £60 per sq ft, inclusive of the 4.24 acre development site.
PROPERTY FACTS
| Price | £7,310,000 | Total Plot Size | 3.90 ac |
| Price per sq ft | £61.71 | Net Internal Area (NIA) | 118,459 sq ft |
| Sale Type | Investment | No. Floors | 1 |
| Yield | 10% | Year Built | 1990 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 0.42/1,000 sq ft |
| Property Subtype | Distribution Warehouses | Eaves Height | 16 ft (4.88 m) |
| Costar Property Class | B | No. Drive In / Grade-Level Doors | 3 |
| Price | £7,310,000 |
| Price per sq ft | £61.71 |
| Sale Type | Investment |
| Yield | 10% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Distribution Warehouses |
| Costar Property Class | B |
| Total Plot Size | 3.90 ac |
| Net Internal Area (NIA) | 118,459 sq ft |
| No. Floors | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Allocation | 0.42/1,000 sq ft |
| Eaves Height | 16 ft (4.88 m) |
| No. Drive In / Grade-Level Doors | 3 |
AMENITIES
- Security System
- Reception
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Gateway House | Royston Rd
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