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64 Thistle St 1,004 SF 100% Leased Retail Building Edinburgh EH2 1EN $487,160 ($485.22/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Triple windowed frontage for attractive branding opportunities
- High footfall
- Situated on a vibrant street surrounded by independent retailers
EXECUTIVE SUMMARY
The subject is located in the heart of Edinburgh’s UNESCO World Heritage New Town, offering a distinctive setting that supports a thriving mix of national and local businesses. Thistle Street lies between Queen Street to the north and George Street to the south, with access from Hanover Street on the east and an exit onto Frederick Street on the west.
This vibrant street is well known for its eclectic blend of independent retailers, cafés, offices, and hotels. Notable neighbouring occupiers include Thistle Street Bar, Stoodio Vintage, Thistle Sandwich Bar, and Fishers in the City, contributing to the area’s dynamic and welcoming atmosphere.
The listing presents a rare opportunity to acquire a Class 3 premises in one of Edinburgh’s most prestigious and characterful New Town locations. Its central position and lively surroundings make it an ideal choice for businesses seeking visibility and footfall in a historic yet modern commercial environment.
This vibrant street is well known for its eclectic blend of independent retailers, cafés, offices, and hotels. Notable neighbouring occupiers include Thistle Street Bar, Stoodio Vintage, Thistle Sandwich Bar, and Fishers in the City, contributing to the area’s dynamic and welcoming atmosphere.
The listing presents a rare opportunity to acquire a Class 3 premises in one of Edinburgh’s most prestigious and characterful New Town locations. Its central position and lively surroundings make it an ideal choice for businesses seeking visibility and footfall in a historic yet modern commercial environment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,004 SF
Building Class
B
Year Built
1850
Price
$487,160
Price Per SF
$485.22
Cap Rate
7%
NOI
$34,101
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Frontage
31’ on Thistle Street
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NEARBY MAJOR RETAILERS
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64 Thistle St
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