Marketed by
Shepherd Chartered Surveyors
Edinburgh
12 Atholl Cres, Edinburgh EH3 8HA
Available
1 of 6
Offers Over
£4,750,000
45A-51 Hanover Street, Edinburgh, City Of Edinburgh, EH2 2PJ
9758 sq. ft (906.55 m²)
Key features
- Accommodation arranged over ground and basement levels of stunning Category B listed Hanover House.
- Superb location on the East side of Hanover Street between George Street and Princes Street.
- Impressive tenant line-up providing a diverse mix of iincome and uses.
- Tenants; Pret A Manger, Paddywax, El Barrio Latino and Jojo Maman Bebe.
- Total passing rent of £360,500 per annum.
- WAULT of 6.62 years to breaks and 7.22 years to expiries
- Offers in excess of £4,750,000 (exclusive of VAT).
- Net initial yield of 7.12%.
Description
Exciting opportunity to purchase a prime retail and leisure parade in the heart of Edinburgh City Centre.
The subjects comprise a thriving city centre unit fitted out in Pret's usual corporate style. Accommodation is arranged over ground and basement levels with generous customer seating areas, WC's, and kitchen areas. This is one the Pret's busiest Edinburgh branches. Traditional retail unit arranged over ground and basement levels. Prime position, well presented unit and tenant fit-out complimenting the character of the building. Trading as a candle bar and workshop. Long established Cuban style basement bar and nightclub with impressive dedicated street level entrance way. Flexible accommodation, would be suitable for a wide range of alternative future uses (including gymn, yoga studio etc.).Impressive ground floor retail unit fitted-out in Jojo's usual corporate style. The extensive accommodation provides retail space, associated staff facilities and a play area for younger visitors /customers.
The subjects comprise a thriving city centre unit fitted out in Pret's usual corporate style. Accommodation is arranged over ground and basement levels with generous customer seating areas, WC's, and kitchen areas. This is one the Pret's busiest Edinburgh branches. Traditional retail unit arranged over ground and basement levels. Prime position, well presented unit and tenant fit-out complimenting the character of the building. Trading as a candle bar and workshop. Long established Cuban style basement bar and nightclub with impressive dedicated street level entrance way. Flexible accommodation, would be suitable for a wide range of alternative future uses (including gymn, yoga studio etc.).Impressive ground floor retail unit fitted-out in Jojo's usual corporate style. The extensive accommodation provides retail space, associated staff facilities and a play area for younger visitors /customers.
Reference: 9712_sales
Marketed by
Shepherd Chartered Surveyors
Edinburgh
12 Atholl Cres, Edinburgh EH3 8HA
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