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Gyle Square, Edinburgh

Office for sale in Edinburgh

£55,300,000 / 152,496 sq ft

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Highlights

Features

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Gyle Square, 1 South Gyle Cres, Edinburgh EH12 9EB

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Asking price
£55,300,000
Links
PDF #1 1 gyle sq

Sale details

There is 1 space available, measuring 152,496 sq ft.

Sale unit Available

Unit
Sale unit
Size
152,496 sq ft
Price
£55,300,000
Price per sq ft
£362.63
  • The property comprises of 152,496 SQ FT of office space arranged over three floors.
  • Offers are sought in excess of £55,300,000 (Fifty Five Million Three Hundred Thousand Pounds) exclusive of VAT.
  • A purchase at this level would reflect a net initial yield of 5.01% assuming an asset purchase or 5.25% if the SPV is acquired.
  • A purchase at this level would reflect a capital value of £363 per sq ft.
Sale type Investment
Tenure Freehold
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Property facts for Gyle Square, Edinburgh

The property comprises a building of steel frame construction over three floors. Constructed in 2004, the property provides office accommodation throughout.

The property is located on Gyle Square just off South Gyle Crescent, on the west side of Edinburgh. The property is well served by public transport links, being on several bus routes to and from the city centre, the M8 motorway is a short drive from the property, the Edinburgh ring road is also nearby.

Number of storeys
3
Total building area
152,496 sq ft
Rentable building area
152,496 sq ft
Lot size
1.38 acres
Construction material
Steel
Year built
2004
Parking
Surface: 314

Major tenants

Name Floor Industry
NHS National Services Scotland Floor Multiple Industry Government

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Gyle Square, Edinburgh

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This office for sale is located in Edinburgh.

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Meet the team

Knight Frank LLP

  • A profile photo of Alasdair Steele Alasdair Steele

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Knight Frank LLP. Realla 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 Knight Frank LLP for full details and further information. 8502964