Hanover House, 45A-51 Hanover Street, New Town, Edinburgh, Scotland, EH2 2PJ

Offer in excess of

£4,750,000

Under offer

Size

16,961

Tenure

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EPC

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Parking

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Primary use
High street retail
Other use(s)
Other
Frontage
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No floor / site plan

Key features

  • Exciting opportunity to purchase a prime retail and leisure parade in the heart of Edinburgh City Centre
  • Accommodation arranged over ground and basement levels of stunning Category B listed Hanover House
  • Superb location on the East side of Hanover Street between George Street and Princes Street
  • Impressive tenant line-up providing a diverse mix of income and uses
  • Tenants; Pret A Manger, Paddywax, El Barrio Latino and Jojo Maman Bebe
  • Total passing rent of £360,500 per annum
  • WAULT of 6.62 years to breaks and 7.22 years to expiries
  • Offers in excess of £4,750,000 (exclusive of VAT)
  • Net initial yield of 7.12%

Description

Hanover House comprises a Category B listed period building within Edinburgh's New Town Conservation Area. The building has been repurposed and adapted over time to provide an impressive combination of retail, leisure (bar/nightclub) and office accommodation.

Exciting opportunity to purchase a prime retail and leisure parade in the heart of Edinburgh City Centre

Accommodation arranged over ground and basement levels of stunning Category B listed Hanover House

Superb location on the East side of Hanover Street between George Street and Princes Street

Impressive tenant line-up providing a diverse mix of income and uses

Tenants; Pret A Manger, Paddywax, El Barrio Latino and Jojo Maman Bebe

Total passing rent of £360,500 per annum

WAULT of 6.62 years to breaks and 7.22 years to expiries

Offers in excess of £4,750,000 (exclusive of VAT)

Net initial yield of 7.12%
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Hanover House, 45A-51 Hanover Street, New Town, Edinburgh, Scotland, EH2 2PJ

NEAREST STATIONS

National Rail

Edinburgh Waverley Station

0.29 miles

National Rail

Haymarket Station

0.98 miles

National Rail

Slateford Station

2.57 miles

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Disclaimer - Property reference 18286FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ryden LLP, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.