_Top five commercial properties to let in Edinburgh
Edinburgh is one of Europe's oldest cities and has an abundance of historical landmarks, breath-taking scenery, and excellent places to shop and eat.
As well as welcoming millions of tourists each year, the city has now become a major attraction for international investors. Despite political uncertainty over Brexit, foreign investment has been pouring in for the Scottish capital.
Investment in Edinburgh’s commercial property in the first quarter of 2019 totalled to around £310 million, which has completely outstripped 2018’s annual total of £284 million.
What's driving investments? "There is an almost insatiable appetite among investors for secure long-dated income and prime offices," says Alasdair Steele, Head of Commercial at Knight Frank. "Despite Brexit, Scotland is seen as providing stability at a competitive price."
So, whether you’re looking for a more flexible space, a change of location, or a new office, take a look at what’s on offer at Knight Frank.
186 - 3,215 sq ft Office for rent in 101 George Street, Edinburgh, EH2 3ES
Located in a former banking hall, this office space comprises modern amenities while retaining its charming, old-fashioned façade.
The building is located in a prime location with excellent transport links and all the amenities the city centre has to offer.
Prices start from £28-£30 per sq ft.
2,840 sq ft Office for rent in Venue Studios, 21 Calton Road, Edinburgh, EH8 8DL
This multi let office building offers contemporary open plan office accommodation on all floors with memorable views over the Waverley Valley.
It’s close to some excellent transport links including Waverley station and the bus station tram halt in St Andrew Square.
1,302 sq ft Office for rent in 1-3 Cockburn Street, Edinburgh, EH1 1QB
Situated in the B-listed Scots Baronial corner block, this office space is adjacent to Waverley station and is close to Edinburgh’s hotspots Princes Street and the Royal Mile.
The suite is situated on the second floor of The Royal Edinburgh Military Tattoo offices and can be accessed from Cockburn Street. It has extensive staff welfare facilities and also has a communal landscaped courtyard, which is perfect for talking a break from the desk.
Price: £25 per sq ft.
Office (Serviced Offices) for rent in 93 George Street, Edinburgh, EH2 3ES
Housed in a Category A listed Victorian building, this office space showcases high-end interiors and attractive architectural details.
Facilities include reception, business Internet, two meeting rooms with a capacity of twelve delegates, admin support, refreshments and free Wi-Fi. There are also break-out areas for formal or informal gatherings too.
As well as views over Edinburgh Castle and George Street, tenants can enjoy a delicious lunch or after work drink at a number of bars cafés or restaurants.
There’s easy access to Edinburgh International Airport and Waverley station is just half a mile away.
4,236 sqft Office for rent in 3 Lochside Way, Edinburgh, EH12 9DT
3 Lochside Way has been newly refurbished to provide occupiers flexible space on Edinburgh Park, Scotland’s premier business park.
Some of the perks of the building include 91 car parking spaces, shower facilities and air conditioning.
It has excellent transport links with two railway stations servicing the area. As well as this, Edinburgh’s tram system has three stops on or adjacent to the Park.
The Gyle shopping centre and Hermiston Gait retail park are close by, providing a range of services and shopping facilities. There is also fitness centre and bar/restaurant all within a 5 minute walk of the premises.
Price: £22.50 per sq ft.
For more information contact our Edinburgh commercial team.