31st July 2017 back to news

Edinburgh Investment Company Secures Newbridge Industrial Units for Combined £1.5m

Edinburgh Investment Company Secures Newbridge Industrial Units for Combined £1.5m


Graham + Sibbald advised clients SRA Ventures on the aquisition of Units 1 and 2 at Lochend Industrial Estate, Scotland.


Both purchases were advised on by our very own Graeme Millar, who said: "We continue to see a strong market for industrial sites in Edinburgh where choice is often at a premium - and Lochend Industrial Estate's exceptional location remains its biggest asset.


We were delighted to advise on, and facilitate, the conclusion of this deal, which is the eighth major acquisition by Graham + Sibbald on behalf of SRA Ventures across the past year. We are certain that more acquisitions of under-performing assets will follow before the end of the year, generating a significant return on investment for SRA."


Shaf Rasul, owner of SRA Ventures said: "I was pleased to snap up these excellent, versatile and well-positioned properties in the heart of industrial Edinburgh where demand from large-scale users remains high.


Taken together, these deals represent a major strategic investment for SRA Ventures, and further exciting additions to our property portfolio. it is no surprise to me that tenants have already been secured for one of these prime sites, generating value on all sides."


To read the full article, please visit: http://www.sravproperty.co.uk/edinburgh-investment-company-secures-newbridge/