Commercial Property News

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Tuesday, February 28, 2024

Ashford Property Group purchases The Sugar Bond in Edinburgh

Ashford Property Group has acquired The Sugar Bond at Bonnington Road, Leith from Belgium fund manager Sofam for around 2.8m.

Ashford will complete the refurbishment of the building and will provide a total of 21,756 sq ft of new office accommodation set over nine floors, split into self-contained suites of up to 2,600 sq ft. The development will have a central reception area with 2 high speed lifts and high levels of car parking. The suites will be ideal for the SME sector and will be offered for sale, with prices starting around 460,000.

King Sturge advised Ashford Property Group, whilst Sofam was represented by Jones Lang Lasalle.