Portfolio shift

Buccleuch snaps up original Kwik-Fit site

Birthplace: first site of Kwik-Fit

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. 

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