Property photos
Just added
Offers over
£3,300,000
(£413.95/sq. ft)
Office for sale
39-41 Melville Street, Edinburgh EH37,972 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- St Mary's Music School 0.3 miles
- Basil Paterson School Upper School S5 S6 0.4 miles
- Haymarket 0.4 miles
- Edinburgh 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
- 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)
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.
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.
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
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