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Buccleuch Property purchases £3.475m industrial property in Peterlee

Buccleuch Property continues to strengthen its commercial property portfolio with the purchase of a £3.475 million property in the heart of North West Industrial Estate, Peterlee. Reflecting a net initial yield of 7.95%, the 100,000 sq ft property encompasses a purpose-built modern manufacturing and warehouse facility generating an annual rent of £293,500. The building has […]

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Buccleuch Property secures letting for animal hospital expansion

Buccleuch Property has let an additional 7,952 sq ft of office space to Vets Now for the expansion of the company’s 24/7 emergency and specialty veterinary hospital in Glasgow. Vets Now surrendered its lease on the ground floor of the North Street building, while also taking on a new 15-year lease for the ground, first […]

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Buccleuch Property’s £4.25m industrial development in Milton Keynes approaches completion

Buccleuch Property’s £4.25m speculative industrial development in Milton Keynes, set for completion in January 2018, will go some way towards alleviating the shortage of high-quality industrial accommodation in the region. Developed in partnership with local property company Secklow Asset Management, the 31,500 sq ft building at Featherstone Road, Wolverton Mill, is the first speculative new […]

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Buccleuch Property sells Mill Court, Cambridge, for £9.85m

Buccleuch Property and joint venture partner Wrenbridge has sold Mill Court, a 38,840 sq. ft. business park in Great Shelford, Cambridge, for £9.85m. The site was sold to Hermes Real Estate Investment Management reflecting a net initial yield of 7.3%. An established office scheme comprising five office buildings set within landscaped surroundings, with on-site car […]

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