
FG Burnett have recently sold the 5 Queens Terrace investment on behalf of their client to a national investor. 5 Queen’s Terrace is one of the best examples on Queens and Albyn Terrace and was recently refurbished to provide a high-end offering. FG Burnett secured Envoy & Partners as a tenant 18 months ago on a 5 year lease and the investment opportunity has now been snapped up. The sale price represented a Net Initial Yield of 11.72% after purchasers’ costs. This is an excellent example of manufacturing an exit for a client by identifying a tenant on a medium-term lease therefore, creating an income producing investment product.