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199 Commercial St 27,914 sq ft Office Property Edinburgh EH6 6QP £3,500,000 (£125.39/sq ft) 7.46% Net Initial Yield



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
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199 Commercial St
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