Juniper Green

598 Lanark Road, Juniper Green, Edinburgh EH14 5EN

Sector:

Retail

Size:

5,834 sq.ft on a site of 0.43 acres

Tenant(s):

Iceland Frozen Foods

Advisors:

HSA Retail (acquisition)
PMP (technical due diligence)
DCS (legal advice)

Acquired from:

MacTaggart & Mickel (advised by EYCo)

598 Lanark Road, Juniper Green, Edinburgh EH14 5EN
Juniper Green, Edinburgh
Juniper Green, Edinburgh

Investment Rational:

Bellair’s acquisition of the prominent retail site in Edinburgh’s Juniper Green, along with its inclusion in a wider portfolio of properties leased to Iceland Frozen Foods, represents a strategic move within the real estate market. Juniper Green, characterised by its thriving community and substantial catchment of 9,900 within a short drive time, offers a promising location for retail ventures.

The site’s value is further enhanced by its potential for alternative land use, particularly with the option for residential development. By securing this option, Bellair positions the property as a long-term investment with the flexibility to capitalise on evolving market dynamics. This approach not only ensures immediate cash flow through the retail lease but also opens up the possibility of significant appreciation in land value over time.

Overall, Bellair’s acquisition of the retail site in Juniper Green demonstrates their strategic vision and ability to leverage diverse opportunities within the real estate market. By recognising the potential for both immediate income and long-term growth, Bellair aims to maximize returns while maintaining a strong presence in Edinburgh’s dynamic real estate landscape.