2 Festival Sq | Edinburgh EH3 9SU
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2 Festival Sq
Edinburgh EH3 9SU
Capital House · Office Property For Sale
Investment Highlights
- Great location.
- 36 Car park spaces.
- Good transport links.
Executive Summary
Offers are sought in excess of £13,000,000 (Thirteen Million Pounds Sterling) exclusive of VAT. A purchase at this level would reflect a net initial yield of 9.01% and a capital value of £238.78 per sq ft.
The property is let at an annual rent of £1,249,401pa.
The property is let at an annual rent of £1,249,401pa.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
54,640 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1984
Price
$23,348,938 CAD
Price Per SF
$427 CAD
Cap Rate
9.01%
NOI
$2,103,739 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
9,077 SF
Building FAR
0.89
Lot Size
1.41 AC
Amenities
- Bus Line
- Raised Floor
- Accent Lighting
- Energy Performance Rating - E
- Demised WC facilities
- Direct Elevator Exposure
- Open-Plan
- Shower Facilities
- Drop Ceiling
- Air Conditioning
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