Address: 598 Lanark Road, Juniper Green, Edinburgh, EH14 5EN
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), RBS (funding)
Acquired from: MacTaggart & Mickel (advised by EYCo)
Investment Rational: Bellair acquired this prominent retail site in Edinburgh’s Juniper Green as part of a wider portfolio of two sites leased to Iceland Frozen Foods. Juniper Green is a thriving community with a strong catchment of 9,900 within a five minute drive time. The site is underpinned by alternative land values with an option for residential, thereby positioning this as a long term hold with an immediate cash flow.