Offices next to new Forth crossing sold in £1.2m deal

Scarborough Muir Group has sold its Aquarius Court office investment in Fife, adjacent to the Queensferry Crossing, in a seven-figure deal.

The building, developed speculatively by Scarborough Muir, is fully let and occupies a key location within the £250 million Queensferry One development, which spans 120 acres on Rosyth’s waterfront.

Aquarius Court, which has been sold to Hamcap (Strathclyde) BP for £1.22 million, is built over two open-plan floor plates and is currently occupied by Qinetiq, Parsons Peebles Group, Epoint Embedded Computing, and Core Assets Scotland.

William Mcalister of Scarborough Muir said: “Thesaleofaquariuscourt is indicative of the attractive location, now further improved by the increased connectivity of the Queensferry Crossing, quality tenant mix and excellent prospects for rental growth.

“The investment was seriously considered by four investors which reflects the increasing confidence the market has in Rosyth.”