81-85 George St
Edinburgh EH2 3ES
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • George Street in the heart of Edinburgh’s Golden Rectangle.
  • Great transport links.
  • Great footfall area.

EXECUTIVE SUMMARY

We are instructed to seek offers in excess of £22,000,000, subject to contract and exclusive of VAT. A purchase at this level would show a purchaser an attractive net initial yield of 7.00%, based on purchaser’s costs of 6.75%

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
45,437 SF
Building Class
B
Year Built
1900
Price
$28,218,876
Price Per SF
$621.06
Cap Rate
7%
NOI
$1,975,321
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
9,087 SF
Building FAR
4.54
Lot Size
0.23 AC

AMENITIES

  • Raised Floor
  • Security System
  • Bicycle Storage
  • DDA Compliant
  • Demised WC facilities
  • Direct Elevator Exposure
  • Partitioned Offices
  • Shower Facilities
  • Air Conditioning
  • Listing ID: 33150401

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 81-85 George St, Edinburgh EH2 3ES