An opportunity to acquire a prime multi-let office prominently located in Holyrood, Edinburgh adjacent to the Scottish Parliament and Holyrood Park.

Holyrood Park House extends to 46,529 sq.ft (4,322.30 sq.m) arranged over lower ground, ground and three upper floors, offering flexible open plan space together with parking for 15 cars.

Multi let to 5 high quality tenants, the asset produces an annual rent roll of £1,074,943 pa with rents ranging from £11.68 per sq ft to £27.00 per sq ft.

WAULT of 7.5 years to expiries and 5 years to breaks.

Offers in excess of £17,500,000 are invited for the benefit of our client’s heritable interest reflecting a net initial yield of 5.75% assuming purchaser’s costs at 6.73% and a capital value of £376 per sq ft.

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