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Investment Highlights

  • Highly prominent corner site within Leith regeneration area
  • Long-term government-let office investment with secure income
  • Strong transport connectivity

Executive Summary

Instructed to invite offers over £3,500,000 exclusive of VAT. A purchase at this level would reflect a net initial yield of 7.46% allowing for standard purchasers’ costs and LBTT, and a capital rate per sq ft of £125.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
27,914 sq ft
Costar Property Class
C
Year Built
1970
Price
£3,500,000
Price per sq ft
£125.39
Yield
7.46%
NOI
£261,100
Tenancy
Single
Number of Floors
4
Typical Floor Size
6,417 sq ft
Plot ratio
1.93
Total Plot Size
0.33 ac

Amenities

  • Security System
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Listing ID: 41183104

  • Date on Market: 07/07/2026

  • Last Updated:

  • Address: 199 Commercial St, Edinburgh EH6 6QP

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