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39-41 Melville Street, Edinburgh, EH3 7JF

Offers in Excess of
£3,300,000

£413.95 per sq ft

Business rates & charges may apply

Ryden LLP, Edinburgh
SIZE AVAILABLE

7,972 sq ft

741 sq m

SECTOR

Office for sale

Floor Plan
1

Key features

  • Outstanding Double Townhouse Office Investment Opportunity
  • 11 Car Parking Spaces Plus 4 Covered Spaces
  • FRI lease (subject to a Schedule of Condition) to Vegware Ltd expiring November 2027
  • Creditsafe Rating of 93 'A' - Indicating 'Very Low Risk'
  • Total current passing rent of £228,000 per annum, reflecting low rental rates of £22.66 psf (No.39) and £24.90 psf (No.41) exclusive of car parking
  • Attractive NIY of 6.49%
  • Flexible accommodation with several future letting options including multiple occupancy (full townhouse, floor by floor lettings)
  • Strong underlying residential value and development potential (subject to planning)

Description

The townhouses are arranged over lower ground, ground, first and second floors and benefit from period features throughout. Both buildings have been extensively refurbished and modernised.

To the rear are 11 clear parking spaces with access provided through a pend off Melville Street Lane. Also included in the sale are 4 lock-up garages located either side of this pend.

Energy Performance Certificates

EPC Certificate

Brochures

39-41 Melville Street, Edinburgh, EH3 7JF

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Haymarket Station0.4 miles
  • Edinburgh Waverley Station0.9 miles
  • Slateford Station2.0 miles

About Ryden LLP, Edinburgh

7 Conference Square, Edinburgh, EH3 8AN

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 11380FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ryden LLP, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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