Edinburgh’s premier city centre leisure destination, Omni, has been put on the market via joint agents Ryden and JLL on behalf of an institutional client. Offers over £75.2m are being sought for the rare opportunity to acquire a prime leisure centre situated within the city’s popular east end.
Omni provides a total of 20,367 sq m (219,227 sq ft) of leisure accommodation, comprising nine leisure units, health club, hotel and 12-screen cinema, as well as a multi-storey subterranean car park with 990 spaces.
Current occupiers include Vue Cinemas, Nuffield Health, JD Wetherspoon, Slug and Lettuce, Nando’s, Frankie and Benny’s and The Glasshouse (part of the Marriott Autograph collection).
A total income of £5,830,635 is generated per annum, including rent cover over two vacant units. Net income is estimated to be £5,194,947 per annum.
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