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For Sale

199 Commercial Street, Edinburgh, City Of Edinburgh, EH6 6QP

Tenure

For Sale

Type

Investment

Price

£3,500,000 Offers Over

Size

27,194 Sq Ft

Ref No

19721

Long let office investment
Located in Edinburgh's dynamic urban growth location of Leith
C. 12 years unexpired income
Full Repairing and Insuring Lease to undoubted covenant of the First Secretary of State
Total passing rent of £278,000 per annum (approx. £9.96 per sq ft)
NIY of 7.46%
Capital rate per sq ft of £125
VAT free investment
Total contracted rent over the lease term accounts for circa 95% of offers over price

A substantial office asset combining efficient open plan office accommodation within a 4 storey building.

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