PropList Blog
This week’s city focus is Edinburgh. A thriving centre for science, tech and start-ups, the Scottish capital is an attractive city for start-ups. As a country, Scotland attracts more foreign investors than any other UK region, and businesses in Edinburgh benefit from access to support from the Business Gateway. These four properties below could be the base to add to your investment portfolio.
Located on Hill Street in the bustling area of New Town, this attractive Georgian mid-terrace stone property is 2,484 sq ft and includes original period features. Currently utilised as an office, the property is well placed in the city for access to public transport with St Andrew Square bus station, tram stops and Waverley train station nearby. The surrounding area hosts a mix of restaurants, bars and boutique shops, which offer an attractive environment for your team.
Price: £650,000
This property in Portobello to the east of Edinburgh city centre is an opportunity to purchase an office space, which will be completed to a shell condition. Following its completion by 2020, this property will allow the purchaser to build out as required and will be a part of a major mixed-use development, with Barratt Homes set to build over 400 homes on the same site. The development is located off the Portobello High Street and will provide a direct link to the A199, A1 and City Bypass providing excellent transport connectivity.
Price: POA
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Newbridge Industrial Estate is a multi-let industrial office investment. This income-producing investment has a strong tenant line-up and consists of an industrial terrace and office pavilion. The net rent of the estate is £125,038 pa, and is situated eight miles from Edinburgh city centre, close to Edinburgh International airport. The industrial estate will benefit from being located close to a development site which has approved planning permission for 490 homes.
Price: POA
Add to your investment portfolio with this property which is available to let on Princes Street. Edinburgh is one of the strongest retailing centres in the UK and this unit is arranged over ground and basement floors. This unit has a passing rent of £175,000 pa and found in a prime area of the high street opposite Prince Street Gardens. The area benefits from high footfall with popular retailers including Boots, Urban Outfitters, Waterstones and Primark.
Price: POA
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