27th March 2017 back to news

Edinburgh Medical Centre Investment - SOLD!

Edinburgh Medical Centre Investment - SOLD!


Graham + Sibbald have successfully completed the disposal of the Medical Centre investment known as Boroughloch Medical Centre in the heart of the Marchmont/ Meadows district of Edinburgh.

Boroughloch Medical Centre is multi-let to the Scottish Ministers & Citrus Dental Practice at a rent roll in excess of £90,000 per annum on Full Repairing & Insuring terms.

Graeme Millar, who advised the landlord on the disposal said, “It’s not very often that an investment opportunity to acquire a Medical Centre within such an affluent part of the city is put on the open market and within a few months of marketing I was delighted to successfully complete the transaction on behalf of my client”.

The purchaser is a London based property company who were able to conclude and settle the transaction within 14 working days. Graeme added, “This sale further emphasises that prop co’s and private individuals who have access to equity can move very quickly and we are continuing to see a number of investment opportunities around the £2-£3million transacting within very short timescales”.

If you would like to discuss this transaction or hear about other opportunities in which Graham + Sibbald can assist, then please do not hesitate to contact our Graeme Millar (Graeme.millar@g-s.co.uk / 0131 240 5290).