OFFICE INVESTMENT FOR SALE 20 YEARS UNBROKEN GOVERNMENT INCOME

24 WESTER SHAWFAIR SHAWFAIR PARK EH22 1FD 2 SQA - 24 WESTER SHAWFAIR, SHAWFAIR PARK, EDINBURGH

INVESTMENT SUMMARY

20 YEARS OF Edinburgh is ’s capital city with a population of 487,500. In close proximity to Shawfair Rail Station, part of the new Borders UNBROKEN Railway and immediately adjacent to Sheriffhall Park and Ride. GOVERNMENT Extends in total to 53,973 sq ft plus 149 car spaces. Comprises Grade A offices extending to 42,523 sq ft (NIA) and adjacent Script Management Facility of 11,450 sq ft (NIA), both INCOME completed in 2011. GOVERNMENT LET OFFICE INVESTMENT 3

INVESTMENT SUMMARY

24 WESTER SHAWFAIR SHAWFAIR PARK Leases recently extended until 14 September 2036 to provide EDINBURGH 20 years unexpired to Scottish Ministers at £865,054 per annum EH22 1FD (reflecting £17.94 per sq ft on the offices and £8.93 per sq ft on the Script Management Facility).

Leases drawn on institutional full repairing & insuring terms.

5 yearly, upwards only Open Market Rent Reviews.

We are seeking offers in excess of £12,530,000 (Twelve Million, Five Hundred and Thirty Thousand Pounds) exclusive of VAT for the benefit of our client’s heritable interest. A purchase at this level would provide a net initial yield of 6.50%, after allowing for standard purchaser’s costs of 6.22%. 4 SQA - 24 WESTER SHAWFAIR, SHAWFAIR PARK, EDINBURGH

LOCATION

EDINBURGH IS SCOTLAND’S CAPITAL AND MAIN FINANCIAL/ADMINISTRATIVE CENTRE, HOUSING THE SCOTTISH PARLIAMENT AND THE SCOTTISH GOVERNMENT.

The City is not only the seat of both Local There are eight universities and and National Government, but also further education colleges in Edinburgh, home of the judiciary and the arts. with almost 80,000 students studying in the City. Edinburgh has a population of 487,500 within the City, increasing to 1.3m within There has been significant recent > Princes Street Gardens the Lothians, Fife and Scottish Borders’ investment in city amenities and visitor catchment area. attractions. This includes the £47m refurbishment of the National Museum Edinburgh is the only place in Scotland of Scotland, which last year became to benefit from having two UNESCO the most visited attraction outside World Heritage Sites within its London; the £37m refurbishment of the boundaries - the Old and New Town Commonwealth Pool, which reopened as well as the Forth Bridge - and is in Spring 2012 and was used in the 2014 therefore a major tourist destination, Commonwealth Games; the £295m attracting around 3.45 million visitors upgrade of Waverley train station; the a year. It is the most visited tourist £25m Haymarket Interchange and the destination in the UK after London recent £60m extension of the Edinburgh and enjoys the second highest hotel International Conference Centre. occupancy rate in Europe.

> Edinburgh Castle

> Holyrood Palace GOVERNMENT LET OFFICE INVESTMENT 5

St Andrews COMMUNICATIONS Cupar

ROAD SHERIFFHALL PARK AND RIDE NEW RAIL LINK

Shawfair Park is strategically located Sheriffhall Park and Ride is immediately SERVING SHAWFAIR on the A7 arterial route that connects adjacent to the subject property at Edinburgh City Centre with the A720 Shawfair Park and offers a dedicated Edinburgh City Bypass. 12.8% of the transportation service to and from total Scottish population are within a Edinburgh City Centre via the Royal 35 minute drive time, whilst Edinburgh Infirmary Hospital. There are frequent International Airport can be reached bus links and on Monday to Friday at Glenrothes Leven EDINBURGH withinKinross 20 minutes. peak times there are 10 buses an hour. 9 MINS BRUNSTANE The Park and Ride provides onsite provision for 561 free car parking spaces Methil and is served by Lothian Buses services 13 MINS NEWCRAIGHALL 33 (City Centre and Baberton) and 49 The new Borders rail link is now Buckhaven 16 MINS SHAWFAIR fully open and provides 30 miles of (City Centre and Leith / Portobello). new railway connecting the Scottish 20 MINS ESKBANK Alloa Borders, and Edinburgh. The nearest dedicated stop is at Shawfair, 24 MINS NEWTONGRANGE approximately 1 mile from the subject property, and has a journey time northKirkcaldy SITUATION 30 MINS GOREBRIDGE Stirling to Edinburgh Waverley of 16 minutes Glenrothes Shawfair Park is located approximately and a journey time south to Galashiels six miles south east of Edinburgh City 55 MINS GALASHIELS of 39 minutes. The railway has enhanced Centre. It is ideally located for direct transport connections to the south of the access to Edinburgh’s city bypass and 60 MINS TWEEDBANK City and beyond. city centre via the A7 arterial route. The City Bypass provides wider access to Helensburgh The Scottish Government has committed to explore a feasibility study into extending Scotland’s main motorway networks Denny Grangemouth the Borders rail link to Carlisle, which and the A1 to England, in addition to Bo’ness Edinburgh International Airport which is Rosyth would furtherInverkeithing improve the connectivity of Alexandria Falkirk the area. a 20 minute drive to the west. IN CLOSE PROXIMITY TO SHAWFAIR RAIL STATION, Dumbarton EDINBURGH 20mins Kirkintilloch INTERNATIONAL EDINBURGH CITY BYPASS Milngavie AIRPORT Cumbernauld A8 A1 AND IMMEDIATELY ADJACENT EDINBURGH Musselburgh Haddington Bearsden A702 Newcraighall TO SHERIFFHALL M8 Tranent 20mins A1 PARK AND RIDE. Clydebank GLASGOW Hermiston Livingston Juniper Green A720 Edinb urg ss h C pa Currie ity By A702 A720 A7

BORDERS Coatbridge RAIL LINK Bonnyrigg & Paisley Airdrie Lasswade Mayfield Whitburn Newtongrange Johnstone Penicuik Gorebridge Shotts Barrhead Motherwell

Newton Mearns Hamilton Wishaw Beith East Kilbride

Lanark

Irvine Kilmarnock Galashiels

Melrose 6 SQA - 24 WESTER SHAWFAIR, SHAWFAIR PARK, EDINBURGH

Shawfair Park, a 35 acre business • Spire Shawfair Park Hospital park, is located at the entrance • Marstons Pub / Restaurant to Shawfair, a significant part of • Hutchinson Networks Edinburgh’s south east wedge • Mears development, currently the largest • Tentel urban expansion in Scotland. • OrthoLink Scotland The Park is ideally located for • PHS Corporate direct access to Edinburgh’s City • Sheriffhall Park and Ride Bypass and city centre via the A7 arterial route as well as the wider national road and rail network. Further information available at: The subject property occupied by www.shawfairpark.co.uk Scottish Qualifications Authority is prominently located at the gateway to Shawfair Park, where other occupiers include: GOVERNMENT LET OFFICE INVESTMENT 7

BRUNSTANE A’ S DUDDINGSTON

D G C A1 NEWINGTON P MUSSELBURGH G C F K NEWCRAIGHALL NIDDRIE CRAIGMILLAR A1 MONKTONHALL A1

CAMERON TOLL

A7 A1

E A6106 OLD CRAIGHALL H R I LIBERTON SHAWFAIR A720 L G C A7

MOREDUN DANDERHALL A68

FERNIEHILL S B P GILMERTON A6106 SHAWFAIR A720 THE CITY OF EDINBURGH BYPASS Live Closer A720

A6106

BORDERS RAILWAY

A720 THE CITY OF EDINBURGH BYPASS DALKEITH K A A7 G C A6106 A720

Shawfair is the largest urban expansion project in Edinburgh and Midlothian. It will deliver 4,000 new homes, business space, shops as well as a landscaped environment around a new town centre and the recently opened railway station. The first phase of housing development of 170 homes has commenced and homes are now available to reserve. At Danderhall South to the north of Shawfair, adjacent to Shawfair Park, house-building will start in early 2017. This site will contain approximately 360 houses, to be built over the next four years.

Further information available at: www.shawfair.co.uk 8 SQA - 24 WESTER SHAWFAIR, SHAWFAIR PARK, EDINBURGH

DESCRIPTION AND SPECIFICATION

The two elements are linked at THE SUBJECT PROPERTY COMPRISES A PURPOSE ground and first floor level by a dedicated, enclosed walkway and BUILT GRADE A OFFICE LAID OUT OVER GROUND there is dedicated car parking on site for 149 cars, a large enclosed bike AND TWO UPPER FLOORS, PLUS A TWO STOREY store and attractive landscaping. SCRIPT MANAGEMENT FACILITY (SMF) LAID OUT OVER GROUND AND FIRST FLOORS.

SQA – MAIN OFFICE SCRIPT MANAGEMENT FACILITY

The main office comprises a purpose built, standalone three The two storey Script Management Facility is physically linked storey grade A office of steel frame construction. Internally to the office building through a walkway corridor at both ground the accommodation provides general open plan office areas, and first floor level. It is of a similar construction as the office extensive meeting and conference accommodation, executive building, but let to the tenant as a shell specification. Internally offices, support services and a dedicated staff canteen. the specification comprises:

The specification comprises: • Solid concrete floors • Open plan office space over three levels • Unfinished ceilings with suspended services and lighting • Dedicated reception and waiting area • WC provision on both floors • 2x lifts serving all floors • Single lift plus two smaller goods lifts • Male, female and accessible WC facilities on each floor • EPC rating of B • Shower facilities on each floor A small area of the Script Management Facility has been fitted • Gas fired central heating system out by the tenant as offices, demonstrating the ability to convert • Natural ventilation with air conditioning installed to some this accommodation in the future. meeting rooms on first floor • EPC rating of B

EXTERNAL AREAS

• 149 car parking spaces (of which 8 are disabled) plus a covered shelter capable of securing 20 bicycles • Good quality landscaping within a managed park environment • The site extends to an area of approximately 1.01 hectares (2.5 acres). Site cover of the existing buildings is approximately 21%. GOVERNMENT LET OFFICE INVESTMENT 9 10 SQA - 24 WESTER SHAWFAIR, SHAWFAIR PARK, EDINBURGH

ACCOMMODATION

Floor areas have been measured by Plowman Craven and a copy of their report is available upon MAIN OFFICE NIA (SQ M) NIA (SQ FT) request. Plowman Craven have measured the Second Floor 1,326.00 14,273 Main Office and Script Management Facility on a Net Internal Area (NIA) basis in accordance with First Floor 1,315.20 14,157 the RICS Code of Measuring Practice 6th Edition. Ground Floor 1,282.90 13,809 Plowman Craven have also measured the Ground Floor Reception 52.80 568 accommodation based on IPMS3 - Office, Total NIA* 3,950.50 42,523 a copy of which is available on request. *Ground floor reception of main office taken at half rate. SCRIPT MANAGEMENT FACILITY NIA (SQ M) NIA (SQ FT) First Floor 532.20 5,729 Ground Floor 531.50 5,721 Total NIA 1,063.70 11,450 COMBINED TOTAL 5,014.20 53,973 Additionally there are 149 car spaces (8 disabled) and bike storage.

FLOOR PLANS TENURE

Heritable (Scottish equivalent of English Freehold). SECOND FLOOR

FIRST FLOOR

GROUND FLOOR GOVERNMENT LET OFFICE INVESTMENT 11

TENANCY

The tenant has recently agreed an extension to their existing The property is let on two leases, one for the Main leases to provide a 20 year unbroken term, demonstrating their Office and the other for the SMF. commitment to this building and location. Accordingly, the property is let as follows:

TENANT The Scottish Ministers REPAIRING Full OBLIGATIONS LEASE COMMENCEMENT 31 October 2011 ALIENATION Not to assign, sub-let nor grant securities over the LEASE EXPIRY 14 September 2036 whole of the Premises without the prior written BREAK OPTION None consent of the Landlord such consent not to be unreasonably withheld or delayed in the case of Upwards only to OMV on 31 October 2021 NEXT RENT REVIEW sub-tenant or security holder who is respectable and 5 yearly and responsible and of sound financial standing RENTAL Offices £762,750 (£17.94 per sq ft) and such consent not to be unreasonably withheld or delayed in the case of an assignee with a Dun SMF £102,304 (£8.93 per sq ft) and Bradstreet credit rating of not less than 5A1 (as such rating is determined at the date of Total £865,054 application for consent to assign).

SHAWFAIR The leases incorporate a cap on the Service PARK ESTATE Charge payable towards the Shawfair Park Estate SERVICE at £6,077 pa for the current year (cap increases CHARGE CAP annually by the greater of RPIX or 5% pa).

COVENANT

THE TENANT IS THE SCOTTISH MINISTERS, WHO ARE THE SCOTTISH GOVERNMENT.

The property is occupied by the Scottish Qualifications The SQA is the statutory awarding body for qualifications in Authority (“SQA”), who are the national accreditation and Scotland. Its duties are to develop, validate, quality assure and awarding body in Scotland. The Education (Scotland) Act 1996 award a national framework of qualifications for Scotland. In sets out the SQA’s functions and the governance arrangements addition, it has a statutory duty as the regulator for National to oversee it’s distinct accreditation, regulatory and awarding Qualifications in Scotland as defined by the Equality Act (2010). functions. SQA is sponsored by the Scottish Government’s As an awarding body, the SQA works with schools, colleges, Learning Directorate. universities, industry, and government, to provide high quality, In its accreditation role, it accredits vocational qualifications flexible and relevant qualifications. It strives to ensure that that are offered across Scotland, including Scottish Vocational its qualifications are inclusive and accessible to all, that they Qualifications, and approves awarding bodies that wish to recognise the achievements of learners, and that they provide award them. clear pathways to further learning or employment. 12 SQA - 24 WESTER SHAWFAIR, SHAWFAIR PARK, EDINBURGH

EDINBURGH OCCUPATIONAL MARKET OFFICE MARKET

OVERVIEW Edinburgh has enjoyed some of the strongest has declined to 1.9% which will heighten occupier demand in recent years. Take-up competition for good quality space. Supply across 2015 was approximately 1 million sq of good quality office accommodation is at a ft and follows on from 2014 where take-up critical level and current dynamics support totalled 873,000 sq ft which in itself was further rental growth across the City with EDINBURGH IS ONE the highest annual total in the City for a reducing tenant incentive packages. decade. The 10-year average take-up figure OF THE LARGEST Limited speculative development is underway is approximately 725,000 sq ft. This positive in the City. M&G Real Estate and Moorfield momentum has continued into 2016, with half OFFICE CENTRES are on site with Quartermile 3 (75,000 sq ft), year take up being slightly ahead of 2015. IN THE UK. the only current speculative development in The largest letting in Q2 was the People’s the City and the last phase of commercial Postcode Lottery at 28 Charlotte Square, development at Quartermile. Three other An ongoing shortage of available extending to 33,205 sq ft. The largest VP sale schemes are expected to start on site later space, limited development was the purchase of Blenheim House by Chris this year. At The Haymarket, Interserve pipeline and high levels of Stewart Group. Now known as Greenside, the and Tiger Developments are continuing take-up combine to give the City property will be refurbished and offer 34,725 site preparation works with construction of strong market fundamentals and sq ft of Grade A office space in Spring 2017. phase 1 to include a 95,000 sq ft office. Chris excellent prospects for rental Stewart Group have started site preparation growth. This shortage in supply is expected to continue. works with The Mint Building at St Andrew Strict planning regulations and a lack of Square which will comprise a 60,000 sq ft available sites capable of accommodating large office and GSS Developments have completed scale development mean there is rarely an demolition works and have awarded a build oversupply of Grade A accommodation. contract for a new 37,500 sq ft office at At the end of Q2 2016, the overall vacancy Semple Street in the Exchange District. rate for the City was 4.6%, the lowest level There is no speculative development since 2008. Furthermore, Grade A vacancy taking place out of town.

DATE ADDRESS TENANT SQ M SQ FT Q2 2016 28 CHARLOTTE SQUARE PEOPLE’S POSTCODE LOTTERY 3,085 33,205 Q2 2016 HOBART HOUSE NUCLEUS FINANCIAL 876 9,462 Q2 2016 THE TUN CLOUDREACH 683 7,352 Q2 2016 HASTON HOUSE QUOTIENT CLINICAL 594 6,394 CORNERSTONE, BROADSTONE Q1 2016 NAPIER UNIVERSITY 10,000 107,600 & FORTHSTONE Q1 2016 QUARTERMILE 4 CIRRUS LOGIC 6,506 70,041 Q4 2015 ARGYLE HOUSE UNIVERSITY OF EDINBURGH 5,348 57,570 Q4 2015 6 LOCHSIDE AVENUE HSBC 2,881 31,015 Q4 2015 ARGYLE HOUSE CODEBASE 1,971 21,213 Q4 2015 4/5 LOCHSIDE VIEW JP MORGAN 3,581 38,547 Q3 2015 QUARTERMILE 4 FANDUEL 5,441 58,567 Q2 2015 EDINBURGH QUAY FREEAGENT CENTRAL 1,031 11,097 Q2 2015 EXCHANGE CRESCENT LOGICNOW 1,293 13,918 Q2 2015 145 MORRISON STREET CAPITA 2,498 26,894 Q2 2015 ATRIA LAW SOCIETY OF SCOTLAND 1,774 19,097 Q1 2015 WESTPORT 102 AUDIT SCOTLAND 1,411 15,188 Q4 2014 6 ST ANDREW SQUARE STANDARD LIFE 10,080 108,500 Q4 2014 TANFIELD DELL 1,330 14,316 Q4 2014 ATRIA ONE AON 452 4,862 GOVERNMENT LET OFFICE INVESTMENT 13

RENTAL FORECASTS

YEAR (END) PRIME HEADLINE RENT The restricted development PER SQ FT FORECAST GROWTH Y-ON-Y pipeline, shortage of Grade A 2015 £31.00 - accommodation and forecast spike in lease events over the next 2-3 2016 £32.50 4.8% years will combine to drive rental 2017 £33.50 3.0% performance in Edinburgh. 2018 £34.50 3.0% 2019 £35.00 1.5%

Vacancy Rate (RHS) EDINBURGH SUPPLY Supply (LHS) EDINBURGH TAKE-UP BY SECTOR SHARE OF FLOORSPACE

2,500 10% TAKEN UP BY BUSINESS SECTOR, H1 2016. TAKE UP 2,000 8% TOTALLED 344,000 SQ FT 1,500 6%

1,000 4% 000 SQ FT 500 2% 5% 0 0% 21% 9% 1 20 1 2006 2007 2008 2009 2010 2012 2013 2014 2015 2016

7% 21%

EDINBURGH TAKE-UP 7% H1 2016 30%

10yr Average Take Up 1,000 900 800 700 Banking & Financial Services 600 Professional Services 500 Service Industries 400 TMT 300 Manufacturing 000 SQ FT Public Administration 200 Other 100 0 1 20 1 2006 2007 2008 2009 2010 2012 2013 2014 2015 2016 14 SQA - 24 WESTER SHAWFAIR, SHAWFAIR PARK, EDINBURGH

INVESTMENT MARKET

The UK regional business park investment market has remained buoyant throughout 2015 & H1 2016. This demand is continuing in H2 2016, most notably for long term, secure income which offers stable and attractive cash yields. The table below outlines some key recent single-let business park investment comparables: ADDRESS CITY DATE PRICE NIY TERM CERTAIN TENANT 800 THE BOULEVARD, CAPABILITY GREEN LUTON JUL-16 £15,000,000 6.07% 13.5 YEARS BLUE ARROW LTD 2000 AZTEC WEST BRISTOL JUN-16 £19,900,000 6.19% 11 YEARS EVERYTHING EVERYWHERE TACHBROOK PARK LEAMINGTON SPA JUN-16 £10,180,000 6.22% 16 YEARS WRIGHT HASSALL REGUS HOUSE, CROSSWAYS BUSINESS PARK DARTFORD JUN-16 £15,850,000 6.45% 10 YEARS REGUS ALMONDSBURY BUSINESS PARK BRISTOL APR-16 £16,750,000 5.70% 13 YEARS TSB SONOVA HOUSE WARRINGTON APR-16 £8,725,000 6.50% 13 YEARS PHONA K GROUP LTD GMAC HOUSE HIGH WYCOMBE MAR-16 £6,175,000 5.73% 9.5 YEARS GMAC UK PLC ABBVIE HOUSE MAIDENHEAD MAR-16 £24,530,000 5.45% 11.5 YEARS ABBVIE LTD GYLE SQUARE, SOUTH GYLE BROADWAY EDINBURGH FEB-16 £48,300,000 5.76% 13.5 YEARS SCOTTISH MINISTERS SAINSBURY'S BANK, EDINBURGH PARK EDINBURGH DEC-15 £19,000,000 6.31% 8 YEARS SAINSBURY'S BANK RIVERSIDE EAST SHEFFIELD DEC-15 £23,360,000 6.75% 12 YEARS IRWIN MITCHELL LLP CITY SOUTH BUSINESS PARK ABERDEEN SEP-15 £23,500,000 6.03% 20 YEARS KCA DEUTAG ANNAN HOUSE, PALMERSTON ROAD ABERDEEN AUG-15 £44.260,000 6.35% 20 YEARS ENQUEST ELGIN HOUSE, HAYMARKET YARDS EDINBURGH MAR-15 £14,824,000 6.14% 12.5 YEARS HMRC

DEBT AVAILABILITY The property and income would be capable of attractive debt financing. Summarised below is some comment on current market conditions and potential cash returns:

• Stable lender competition compounded by low interest rates - cheapest debt financing environment of all time. • Based on the day one NOI of £865k and the long secure income profile, the asset could comfortably support 55% LTV. Amortisation at higher LTV’s may be expected. • Even at the conservative debt terms highlighted in the table, the asset can provide gross cash-on-cash returns to an investor in excess of 10% p.a. • Margin pricing and LTV assumptions may vary depending on the sponsor, their track record and debt aspirations, all of which could potentially drive even higher cash-on-cash returns.

LTV 50% interest only 55% interest only 55% 1% amort p.a. 60% 1% amort p.a. 3.00% 9.6% 10.3% 8.3% 8.9% All in Interest 3.25% 9.4% 10.0% 8.0% 8.6% Costs (assuming margin 3.50% 9.2% 9.7% 7.8% 8.2% over 5 Year Swap Rate) 3.75% 8.9% 9.5% 7.5% 7.9% 4.00% 8.7% 9.2% 7.2% 7.6%

Contact Details JLL Debt Advisory would be delighted to discuss funding options with potential purchasers. Please contact: Tim Wilmer Victoria Clark Director - Debt Advisory Analyst - Debt Advisory T: +44 (0)207 087 5392 T: +44 (0)207 399 5456 M: +44 (0)7817 103806 M: +44 (0)7808 102383 [email protected] [email protected] GOVERNMENT LET OFFICE INVESTMENT 15

PARK SERVICE CHARGE CAPITAL ALLOWANCES The property is liable to pay a proportion of the Shawfair Park Remaining Capital Allowances are available by separate Estate service charge, as follows: negotiation. YEAR ENDED SERVICE CHARGE 31/10/2016 £4,782 (budget) VAT The subject property is elected for VAT. We expect the 31/10/2015 £3,066 (actual) transaction to be structured as a Transfer of a Going 31/10/2014 £4,300 (actual) Concern (TOGC). 31/10/2013 £3,860 (actual) The service charge expenditure is below the service charge cap.

PROPOSAL

OUR CLIENTS ARE SEEKING OFFERS IN EXCESS OF £12,530,000 (TWELVE MILLION, FIVE HUNDRED AND THIRTY THOUSAND POUNDS) EXCLUSIVE OF VAT FOR THE BENEFIT OF THEIR HERITABLE INTEREST IN THE PROPERTY. A PURCHASE AT THIS LEVEL WOULD PROVIDE A NET INITIAL YIELD OF 6.50%, AFTER ALLOWING FOR STANDARD PURCHASER’S COSTS AND LBTT OF 6.22%.

VIEWINGS AND FURTHER INFORMATION Please contact the selling agents.

JLL Montagu Evans 7 Exchange Crescent 4th Floor, Exchange Tower Edinburgh 19 Canning Street EH3 8LL Edinburgh EH3 8EG Colin Finlayson 0131 301 6721 Ross Burnett [email protected] 0131 221 2483 [email protected] Janey Douglas 0131 301 6718 Elliot Cassels [email protected] 0131 221 2449 [email protected]

The agents for themselves and for vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of the agents has any authority to make or give any representation or warranty whatever in relation to this property. September 2016. 16 SQA - 24 WESTER SHAWFAIR, SHAWFAIR PARK, EDINBURGH

24 WESTER SHAWFAIR SHAWFAIR PARK EDINBURGH EH22 1FD