Suite 246, The Bridge

£35,000

Suite 246, The Bridge Suite 246, The Bridge Suite 246, The Bridge Suite 246, The Bridge
Highlights
Property details
Financials
Location
  • Low-cost commercial property investment
  • Modern, fully serviced offices which are open and operational
  • State-of-the-art telecommunications and internet infrastructure
  • Restaurant, gym, changing facilities and creche add to the appeal for businesses looking to attract the best staff and provide highly productive environments
  • Quality transport links and generous onsite parking
  • 175 leasehold with HM deeds, property can be resold on at anytime without any redemption penalties
  • The area of Fife has been chosen by the likes of Amazon and Diageo for its proximity to Scotland's major cities and reasonable rents
  • Over demand and under supply for quality office space in area

Located approximately 12 miles north of Edinburgh on Scotland’s east coast, The Bridge is a new and operational business centre offering investors a low-cost commercial property investment.

These modern, high-specification offices are set within a characterful and well-positioned building with investors able to purchase individual office spaces. These are then be leased back with the investor receiving an assured return of 8% NET for 5 years.

Until recently the building was home to the University of Fife and, having now been converted, is already attracting very high levels of interest from both potential tenants and investors.

Designed to appeal to both established and start-up businesses, the fully serviced offices are equipped with ultra high speed internet and the latest telecommunications infrastructure. Conference facilities and break out rooms are available on every floor with disability and lift access throughout and the centre offers a comprehensive range of business support services.

An onsite restaurant, fully-fitted gym with changing facilities and a creche are services which, together with a generous number of on-site parking spaces and nearby transport links, ensure The Bridge will provide tenants with a desirable, productive and talent-attracting working environment.

Investments start at just £35,000 for a 200 sq ft 4-desk office with the property sold on a 175 year leasehold with title HM deeds. Investors have no tie-in periods so the property can be resold at any time without any redemption penalties.

Investors own their own title and control their 175-year leasehold with title HM deeds, so units can be sold at any time with no tie-ins or redemption penalties if required. Each investment also comes with a very generous Buy Back Option of 100% after 5 years or 125% at year 10.

To put the price into perspective, in July 2018 an independent RICS report was carried out which valued the building at £7,043,958 or £212 per sq ft. Our investment option offers space at just £175 per sq ft.

To help ensure maximum take up and ROI, the developers have enlisted the services of renowned industry-leading letting agents to obtain long term rental leases from established companies and shorter-term leases for start-up businesses.

Please contact us for further information.

Edinburgh's office market hit a 16-year high in 2017 and with demand outstripping supply of commercial office space in Edinburg, businesses are looking outside the capital for new premises.

Home to a growing number of internationally recognisable brands such as Amazon and Diageo, Fife provides great access to Scotland’s major cities together with affordable business spaces and some beautiful natural scenery. Edinburgh is just a 30 minute drive away and 25 minutes by train whilst Glasgow is just over an hours drive.

Helping reduce commuting times, the £1.35 billion Queensferry Crossing connecting Edinburgh to Fife was officially opened in September 2017 and is bringing ever-expanding growth in the area.

The office space on offer at the Bridge is Grade A, and there is no competition on the outskirts of Edinburgh or comparable within 10 miles of the building. There is over demand and under supply for suitable office space in the area. Rents, parking, prices, and value for money are far superior in Kirkcaldy than on offer in the Capital, so we anticipate huge demand from many companies relocating out of the capital to this sort of office offering.

Stunning coastlines, easy commutes, good public transport, top-class schools and great value residential properties combine to make Fife an attractive place to settle for employees and business owners alike.


Location map:

Fife

Property summary


  • 8% NET developer-assured returns for 5 years
  • State-of-the-art business accommodation
  • 175 year lease
  • Commutable from Edinburgh
  • Asset backed investment with registered title
  • Optional buy back in year 5
  • Fully managed, hands-off investment