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3 Kingsknowe Park 678 sq ft 100% Let Office Property Edinburgh EH14 2JQ £165,000 (£243.36/sq ft) 7.14% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Office/ Tuition Centre extending to 678 Sq Ft (63 Sq M).
  • Qualifies for 100% business rates relief.
  • Sale Price - £165,000 equating to a NIY of 7.14%.
  • Located 4 miles from Edinburgh City Centre.
  • Passing Rent - £12,000 per annum + VAT.

EXECUTIVE SUMMARY

Located 4 miles from Edinburgh City Centre
The property is located approximately 4 miles from Edinburgh City Centre within the residential suburb of Kingsknowe, with a number of schools in the nearby vicinity, as well as Kingsknowe golf club located within walking distance. As the property is adjacent to the A70, it benefits from conveniently accessed public transport routes from several bus stops, while also being less than a 10-minute walk from Kings Knowe train station.
The subjects comprise a ground and first floor property within a retail/office parade of similar commercial properties of brick construction held under a pitched and slated roof. The subjects benefit from two large timber display windows with a flush centrally located entrance door.
Internally, the accommodation has been re purposed and is currently utilised for tuition classes at both ground and first floor level and is similarly decorated throughout. A small tea preparation area is accessed off the main open plan area at ground floor level, as is a single toilet cubicle. Steps up from the rear of this provide access to an office at ground floor level, off which a secondary toilet facility is also located.
Fixed timber steps provide access to the attic conversion, within which a large third classroom is provided, again benefitting from a high degree of natural daylight via dormer windows.
Next review is 1st November 2025 Repairs & FRI Insurance

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
678 sq ft
Costar Property Class
B
Year Built
1905
Price
£165,000
Price per sq ft
£243.36
Yield
7.14%
NOI
£11,781
Occupancy Rate
100%
Number of Floors
2
Typical Floor Size
406 sq ft

AMENITIES

  • 24 Hour Access
  • Courtyard
  • Signage
  • Listing ID: 36539327

  • Date on Market: 30/06/2025

  • Last Updated:

  • Address: 3 Kingsknowe Park, Edinburgh EH14 2JQ

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