Buccleuch snaps up original Kwik-Fit site
Buccleuch Living Heritage Trust has acquired a piece of Kwik-Fit history by purchasing the company’s first site at 4-6 McDonald Road, Edinburgh, which was established in 1971.
It is part of a strategy to move the trust’s portfolio into more modern properties with a larger percentage of secure income.
Phil Eves of Buccleuch Property said: “This purchase is a reinvestment of funds into a modern ground floor unit let to Kwik Fit for a further 12 years with strong rental growth prospects.”
Lismore represented Buccleuch Living Heritage Trust and Galbraith represented the vendor, CBRE Investment Management.