Lismore Real Estate Advisors have advised a US REIT on the acquisition of Sainsbury’s Local at 32-36 Shandwick Place, Edinburgh.
Situated in the heart of Edinburgh’s vibrant West End, the 12,344 sq ft property is let to Sainsbury’s Supermarkets Ltd until September 2028. The lease is subject to an RPI-linked rent review in September 2027.
The purchase price of circa £5.25m reflects a net initial yield of approximately 7.00%.
