Summary - 496, FERRY ROAD EH5 2DL
1 bed 1 bath Office
**Key Features:**
- Unique multi-let office investment with 17 tenants
- 68% of space leased by four primary tenants
- Total area of 14,831 sq ft, with potential for income growth
- Generating a solid net income of £298,248 per annum
- Attractive mixed-use setting combining a renovated Baronial mansion with modern office wings
- Excellent amenities including coffee break-out areas, showers, EV charging stations, and ample parking (50 spaces)
- 0.79-acre site with secure cycle storage
- Strong community vibe with a waiting list for tenants at times
- Newly renovated and moves-in ready, though future extensions may be limited by listed status
Nestled in the vibrant North Quarter of Edinburgh, this sizeable office investment opportunity encapsulates both modern needs and historic charm. The property features a beautifully refurbished Victorian-style mansion surrounded by open-plan office configurations, ideal for fostering collaboration among tenants. With 17 existing tenants and a current net income of £298,248 per annum, this investment promises lucrative returns and has room for future income potential due to reversionary passing rents.
The property boasts a variety of suite sizes from 60 to 2,900 sq ft, catering to diverse business needs. Expect excellent mobile and broadband connectivity, making it suitable for today's tech-savvy enterprises. While the property's listed status poses some limits on future renovations, its current high-quality condition and communal amenities allow for a comfortable and productive workplace environment, enhancing its appeal for potential buyers.
Investors and business owners alike should act swiftly to take advantage of this exceptional office space that combines commanding income stability with the potential for future growth in a thriving professional community.
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