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The North Quarter 496 Ferry Rd 14,831 sq ft 97% Let Office Property Edinburgh EH5 2DL £3,100,000 (£209.02/sq ft) 9.04% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • North Quarter provides contemporary workspace within a peaceful setting while being in easy reach of the core city centre
  • Close to all local amenities
  • 50 car parking spaces
  • Excellent transport links nearby

EXECUTIVE SUMMARY

A unique multi-let office investment opportunity.
Offers in excess of £3.1m exclusive of VAT are sought for the Heritable Interest. Based on the current net income this shows a net initial yield of 9.04 % and capital rate of £209/sqft on a net plus ancillary basis (LBTT and purchasers cost of 6.42% adopted).
Net internal office area to 13,611 sqft plus additional ancillary providing a further 1,220 sqft. Gross Internal area of 20,076 sqft.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
14,831 sq ft
Costar Property Class
C
Year Built
1870
Price
£3,100,000
Price per sq ft
£209.02
Yield
9.04%
NOI
£280,240
Occupancy Rate
97%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
4,944 sq ft
Plot ratio
0.58
Total Plot Size
0.59 ac
Parking
50 Spaces (3.37 Spaces per 1,000 sq ft Leased)

AMENITIES

  • 24 Hour Access
  • Bus Route
  • Controlled Access
  • Fenced Lot
  • Public Transport
  • Restaurant
  • Signage
  • Skylights
  • Kitchen
  • Accent Lighting
  • Reception
  • Roof Terrace
  • Car Charging Station
  • Central Heating
  • Common Parts WC Facilities
  • High Ceilings
  • Lift Access
  • Natural Light
  • Partitioned Offices
  • Plug & Play
  • Shower Facilities
  • Suspended Ceilings
  • Outdoor Seating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste Boswall Suite
  • 280 sq ft
  • Office
  • Partial Fit-Out
  • Now

All inclusive rental

  • 1st Fl-Ste Fraser Suite
  • 99 sq ft
  • Office
  • Full Fit-Out
  • Now

All inclusive rent of £395 per month plus vat Includes:- High Speed Secure internet All utilities Desks and chairs (No extra charges) Access to cafe, meeting room, roof terrace and other amenities Allocated parking available (£40 per month) 12 month minimum term contracts

Space Size Space Use Condition Available
1st Fl-Ste Boswall Suite 280 sq ft Office Partial Fit-Out Now
1st Fl-Ste Fraser Suite 99 sq ft Office Full Fit-Out Now

1st Fl-Ste Boswall Suite

Size
280 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

1st Fl-Ste Fraser Suite

Size
99 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

1st Fl-Ste Boswall Suite

Size 280 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

All inclusive rental

1st Fl-Ste Fraser Suite

Size 99 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

All inclusive rent of £395 per month plus vat Includes:- High Speed Secure internet All utilities Desks and chairs (No extra charges) Access to cafe, meeting room, roof terrace and other amenities Allocated parking available (£40 per month) 12 month minimum term contracts

  • Listing ID: 35424130

  • Date on Market: 09/04/2025

  • Last Updated:

  • Address: 496 Ferry Rd, Edinburgh EH5 2DL

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