Opposite the new Edinburgh St James, a 1.7 million sq ft retail scheme
Approximately 815.50 sq m (8,778 sq ft)
Active Management/Residential Development potential (subject to consents)
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 11
Auction 30th March 2017
Rent £119,000 per Annum Exclusive
Status Sold
Price £1,810,000
Sector Office
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of Administrators Grant Thornton
Property Information
Location
Miles
800m north of Edinburgh Waverley Railway Station
Roads
A1, A7 and A720 (City By-pass)
Rail
Edinburgh Waverley Railway Station
Air
Edinburgh International Airport
Situation
The property is situated in Edinburgh City Centre on the north side of York Place, opposite its junction with Elder Street which leads directly to Multrees Walk and the 1.7 million sq ft Edinburgh St James retail and leisure scheme (currently under construction). York Place benefits from a mix of office, residential and leisure uses.
Tenure
Heritable. (Scottish equivalent of English Freehold).
Location
Miles
800m north of Edinburgh Waverley Railway Station
Roads
A1, A7 and A720 (City By-pass)
Rail
Edinburgh Waverley Railway Station
Air
Edinburgh International Airport
Situation
The property is situated in Edinburgh City Centre on the north side of York Place, opposite its junction with Elder Street which leads directly to Multrees Walk and the 1.7 million sq ft Edinburgh St James retail and leisure scheme (currently under construction). York Place benefits from a mix of office, residential and leisure uses.
Tenure
Heritable. (Scottish equivalent of English Freehold).
Description
The property comprises a Grade A (Scottish equivalent of English Grade II) office building comprising office accommodation on lower ground to second floors. The property may benefit from active management/residential development potential (subject to consents).
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a Grade A (Scottish equivalent of English Grade II) office building comprising office accommodation on lower ground to second floors. The property may benefit from active management/residential development potential (subject to consents).
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Rent p.a.x
Basement Ground Mezzanine First Second Third
Office Office Office Office Office Office
274.90 sq m 234.02 sq m 69.49 sq m 118.36 sq m 80.64 sq m 38.09 sq m
