22 Canning Street

Recently Developed Prime West End Office Investment.

Edinburgh’s West End is a vibrant and historic area known for its blend of traditional and modern architecture. With an excellent mix of office buildings, high street and boutique retailers, restaurants and leisure facilities, Edinburgh’s West End is considered to be the city’s premier business district. The West End also benefits from its central location, making it easily accessible for both residents and visitors. With good transport links and a thriving community, it provides a dynamic environment for networking and collaboration.

More specifically, the subjects are prominently located on Canning Street which connects Princes Street / Shandwick Place with Edinburgh’s Exchange District. The immediate surroundings are home to attractive residential mews properties and modern commercial spaces – adjacent occupiers include Addleshaw Goddard, Lindsays, Motorola and Broadcom. The subjects are within a 5-minute walking distance from the West End tram stop, the Haymarket development and Edinburgh Financial district.

The mews buildings have undergone a major redevelopment to create a truly unique, open plan work space finished to a very high specification. The property configuration is flexible, comprising open plan accommodation on ground floor and a feature mezzanine floor offering a combination of stunning meeting rooms and staff break out areas. Heightened gable glazing on both sides of the property combined with an open plan layout results in the space being flooded with natural light, making the property one of the brightest and most flexible office spaces currently in the West End of Edinburgh.

Summary

  • A unique opportunity to acquire a contemporary open-plan office investment in Edinburgh's West End recently developed to an exemplary specification
  • Prominent location on Canning Street
  • Let to Curtins Consulting Limited on FRI terms from 14th February 2025 expiring on 13th February 2035 at a rent of £80,000 per annum. There is a provision for a tenant only break option on 14th February 2030
  • A low passing rent of £33.94 psf offering strong prospects for rental growth
  • A well-established employee owned engineering consultancy offering strong security of income
  • Offers over £1,260,000
  • Attractive net initial yield of 6%
  • EPC A - 100% electric building
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Stephen Kay

+44 (0)7971 809226

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