Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Property unavailable

This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.

Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us.

If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com

If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email.

78/79 Princes Street & 4/18 Hanover Street, Edinburgh, EH2 2ER

not specified / Retail

Withdrawn - Last updated: 05 October 2020

Rare opportunity to acquire a 100% prime corner mixed use block in the heart of Edinburgh city centre, at the junction of Princes Street and Hanover Street Princes Street is Edinburgh’s prime retailing thoroughfare and benefits from the highest footfall in the city centre, estimated at circa 12 million per yearHanover Street is an established retailing thoroughfare and a principal link between the two prime retailing pitches of Princes Street and George StreetPredominantly retail block with an income ratio of 92%:8% in favour of retailFully-let investment with key tenants including Signet Group Plc; JD Sports Fashion Plc; Skechers USA Ltd; Yo! Sushi UK Ltd; and Virgin Media LtdAll the retail tenants report very strong trading performance81.58% of the income secured against tenants with a D&B credit rating of 5A1, 4A1 or 2A1Genuine opportunity to add value by implementing various asset management initiativesWAULT of 6.14 years to breakTotal passing rent of £XXX per annumOffers in excess of £XXX (NINETEEN MILLION, THREE HUNDRED THOUSAND POUNDS STERLING) subject to contract and exclusive of VAT are invited for the Absolute Ownership of the property.

Location

78/79 Princes Street & 4/18 Hanover Street, Edinburgh , EH2 2ER, Midlothian, Scotland


Email me updates about similar new properties


Show similar properties

Contact agents

Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.