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Waverley Gate 2-4 Waterloo Pl 194,274 sq ft 92% Let 4-Star Office Property Edinburgh EH1 3EG £85,000,000 (£437.53/sq ft)

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EXECUTIVE SUMMARY

A LANDMARK building in Edinburgh city centre is set to be sold.
Specialist outlet Green Street News has reported that Waverley Gate – a historic A-listed building near Waverley Station – is expected to change hands for around £85 million.
The huge deal would be one of the biggest in Scotland in years.
The building has an A-listed Italian Renaissance facade and is currently being used as an office block, with current tenants including the NHS, Amazon, Microsoft, H&M and the Scottish Government.
The outlet reports that property developer Melford Capital is in talks to purchase Waverley Gate from real estate firm Kennedy Wilson.
When the site was acquired in 2022, it was advertised as having eight floors and 203,400 square feet of office space.
Waverley Gate is right next to Waverley Station and is opposite the St James Quarter shopping centre.
https://www.thenational.scot/news/25784892.landmark-edinburgh-city-centre-building-sold-huge-85m-deal/

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold/Long Leasehold
Property Size
194,274 sq ft
Costar Property Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1861/2005
Price
£85,000,000
Price per sq ft
£437.53
Occupancy Rate
92%
Tenancy
Multiple
Number of Floors
8
Typical Floor Size
25,425 sq ft
Plot ratio
6.46
Total Plot Size
0.69 ac
Parking
50 Spaces (0.25 Spaces per 1,000 sq ft Leased)

AMENITIES

  • Atrium
  • EPC - B
  • Roof Terrace
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • Lower Level
  • 10,119 sq ft
  • Office
  • Partial Fit-Out
  • Now
  • 1st Floor
  • 5,873 sq ft
  • Office
  • Partial Fit-Out
  • Now

Waverley Gate is a landmark 203,000 sq ft in the heart of Edinburgh city centre. The building is prominently situated immediately adjacent to Waverley rail station and combines outstanding connectivity with an outstanding range of amenities on the doorstep. The common areas have recently been refurbished to a very high standard.

Space Size Space Use Condition Available
Lower Level 10,119 sq ft Office Partial Fit-Out Now
1st Floor 5,873 sq ft Office Partial Fit-Out Now

Lower Level

Size
10,119 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

1st Floor

Size
5,873 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

1st Floor

Size 5,873 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Waverley Gate is a landmark 203,000 sq ft in the heart of Edinburgh city centre. The building is prominently situated immediately adjacent to Waverley rail station and combines outstanding connectivity with an outstanding range of amenities on the doorstep. The common areas have recently been refurbished to a very high standard.

  • Listing ID: 39160784

  • Date on Market: 21/01/2026

  • Last Updated:

  • Address: 2-4 Waterloo Pl, Edinburgh EH1 3EG

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