- Prime west-end block on Edinburgh’s highest footfall street, with exceptional views over Princes Street Gardens and Edinburgh Castle.
- Princes Street is transforming into a dynamic mixed-use destination, with growing numbers of properties being repurposed for F&B, leisure, and hotel use
- The property comprises a newly let leisure unit at ground level and high-quality modern offices above.
- Fully let to Popeyes, 10 Europe Limited, Valtech Limited, and Eden Scott Limited, providing a WAULT of 10.12 years to expiry and 4.88 years to tenant breaks.
- City centre office supply remains consistently low, with strong demand expected to drive further rental growth in the short to medium term.
- Generates a passing rent of £543,569 per annum, with income split 34% retail and 66% offices.
- Offers over £6,800,000 are invited for the heritable interest (Scottish equivalent of freehold), reflecting an attractive net initial yield of 7.50% assuming purchaser’s costs of 6.63%.