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Stanhope House 12 Stanhope Pl 5,691 SF 100% Leased Office Building Edinburgh EH12 5HH $1,551,266 ($272.58/SF)
Investment Highlights
- Multi-let office investment with generous car parking provision
- Served by excellent transport links and a good selection of local amenities
- Average rent of only £16.81 per sq ft (Net of car parking)
- Situated within Edinburgh’s west end in close proximity to Haymarket
- Corner building extending to 5,390 sq ft with 12 car spaces
- WAULT of 1.78 years to breaks & 2.26 years to expiries
Executive Summary
The property comprises a purpose built two/ three storey office building at the corner of Stanhope Place and Stanhope Street. Constructed in 1993 it is of part masonry, part steel construction with external elevations finished in reconstituted stone or rendered concrete blockwork. The roof comprises part slated and pitched roof and part flat roof.
Internally the property has been divided into office suites and provides functional office accommodation. Each suite benefits from private WC and tea prep facilities and the
accommodation is heated by a mixture of electric storage and convector heaters. At ground floor the building is accessed via an entrance hallway which in turn leads to the main stairway to the upper floor office accommodation. Within the hallway there is an accessible toilet. The 12 car spaces are situated to the rear and accessed via a pend.
Internally the property has been divided into office suites and provides functional office accommodation. Each suite benefits from private WC and tea prep facilities and the
accommodation is heated by a mixture of electric storage and convector heaters. At ground floor the building is accessed via an entrance hallway which in turn leads to the main stairway to the upper floor office accommodation. Within the hallway there is an accessible toilet. The 12 car spaces are situated to the rear and accessed via a pend.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office
Building Size
5,691 SF
Building Class
B
Year Built
1995
Price
$1,551,266
Price Per SF
$272.58
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,897 SF
Building FAR
2.61
Lot Size
0.05 AC
Amenities
- Bus Line
- Security System
- Kitchen
- Accent Lighting
- Energy Performance Rating - D
- Storage Space
- Demised WC facilities
- Natural Light
- Perimeter Trunking
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Stanhope House | 12 Stanhope Pl
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