£4,750,000
Retail premises for sale
Property photos
Offers over
£4,750,000
(£280.05/sq. ft)
Retail premises for sale
Hanover House, 45A-51 Hanover Street, New Town, Edinburgh, Scotland EH216,961 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Basil Paterson School Middle School S3 S4 0.2 miles
- Basil Paterson School Upper School S5 S6 0.3 miles
- Edinburgh 0.3 miles
- Haymarket 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Edinburgh to find out more about the local area.
Features and description
- Exciting opportunity to purchase a prime retail and leisure parade in the heart of Edinburgh City Centre
- 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 income 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%
Hanover House comprises a Category B listed period building within Edinburgh's New Town Conservation Area. The building has been repurposed and adapted over time to provide an impressive combination of retail, leisure (bar/nightclub) and office accommodation.
Exciting opportunity to purchase a prime retail and leisure parade in the heart of Edinburgh City Centre
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 income 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%
Exciting opportunity to purchase a prime retail and leisure parade in the heart of Edinburgh City Centre
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 income 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%
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Ryden. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ryden for full details and further information.