- The Stamp Office offers an opportunity to acquire a trophy asset in one of the UK’s strongest markets, with low supply and robust demand.
- Situated in the heart of Edinburgh with unrivalled connectivity immediately adjacent to key transport hubs and high quality amenities.
- Significant recent refurbishment of the building including common areas and new end of journey facilities, plus on floor refurbishments of 4 floors.
- Future proofed ESG credentials with an EPC rating of A(13), BREEAM In-Use ‘Very Good’ and ActiveScore ‘Platinum’ accreditations.
- The building is let to high quality tenants including Atkins Realis, Secretary of State, Henderson Logie, Dentsu, Current Health and CreateFuture with an income-weighted Experian score of 80/100 reflecting ‘Low Risk’.
- The building offers 51,305 sq ft of high spec offices, plus 2,228 sq ft of best-in-class amenity provision.
- Total passing rent of £1,554,479 per annum, equating to a low average contracted rent of £30.03 psf.
- The building has a WAULT to expiry of 7.5 years and to breaks of 4.4 years.
- Offers in excess of £20,950,000 are invited for the benefit of our client’s heritable interest. A purchase at the quoting price would reflect a net initial yield of 7.0%, assuming purchaser’s costs of 6.74%.