Tuesday, 13 May 2014
Graham + Sibbald complete Booker Cash & Carry warehouse sale and lease-back in Ayr
The Booker Cash and Carry warehouse in Ayr has changed hands recently for £1,473,000.
Selling agents Graham + Sibbald, who recently opened a new office in Ayr, spent time researching the property, lease and background and it sold quickly following significant interest from various investors across the UK.
Fraser Lang, Partner, Graham + Sibbald, commented: “Our knowledge of the local market in Ayrshire, together with our investment specialist Sandy Gilmour, meant that the investment deal was concluded quickly and efficiently. This is the first investment deal conducted through the new Graham + Sibbald Ayr office and we are confident there will be many more in the coming months.”
The large warehouse, approximately 40,229 sq ft, is of steel frame construction and is leased to Booker until 2021. Booker Wholesale is the UK’s largest wholesale operator.
Graham + Sibbald acted as the selling agent and recently opened a new office in Ayr to complement the firm’s well established presence in Kilmarnock and bring the total number of Graham + Sibbald offices to 14.
EY&CO and Andrew Reilly Associates were purchasing agents on behalf of a private investor.
• Graham + Sibbald, chartered surveyors, established in 1959
• The firm has 29 Partners, 16 Associates and 200 members of staff across 14 offices
• Experts in Commercial, Residential and Construction, the firm also has specialists in Investment, Asset Management, Healthcare, Licensed Trade and Leisure, and Planning
Graham + Sibbald
12 Alloway Place
Tel: 01292 271030
Fax: 01292 271031
The firm of Graham + Sibbald, Chartered Surveyors is a member of the Elite Ayrshire Business Circle.