Overview
- Investment
Description
Location
The North Quarter comprises a recently refurbished Category C listed multi-let office and co-working space formed around an attractive former Baronial Mansion, with connecting modern open plan east and west office wings.
The building provides contemporary workspace within a peaceful setting and sits on a rectangular site of approximately 0.79 acre with parking for 50 cars including 3 EV chargers and secure cycle storage.
The office accommodation extends to approximately 13,611 sq ft NIA with a further 1,220 sq ft in ancillary space
Summary
Key points
- Unique multi-let office investment opportunity
- 17 tenants, 4 of which let 68% of the space
- Varied suite sizes from 60 - 2,900 sq ft
- Current Net Income of £298,248 per annum
- Coffee break out areas, showers, EV-charging
- Reversionary passing rents offering income growth
- 13,611 sq ft NIA plus 1,220 sq ft ancillary. 20,076 sq ft GIA
- 50 car spaces, site area 0.79 acre
- Vibrant sense of community
- Waiting list operational at times
Mortgage Calculator
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The North Quarter, 496 Ferry Road, Edinburgh, EH5 2DL
Contact Information
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