Search Results for 

New Street - The Cannongate, Edinburgh, EDH

Welcome to SHOWCASE.CO.UK, the Web's most comprehensive source of commercial property data, where you can search from over 100,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land or other commercial property types, just click the button to the right.
DetailMap
The Cannongate New Street

Edinburgh, EH8 8BH


Property type:Hospitality Number of rooms:21 Status:Existing Year built:2019
Floors:3 Building size:17,500 sq ft Land area:-
For sale price:£8,000,000 Price/room:£380,952 Yield:-

Parking:.22 Parking Spaces / 1,000 SF


Space available:
Floor
Sq ft Available
Rent
Status
Lease term
Space use
 GRND
2,583
£55,000
Available
Negotiable
Retail
 
13335124
Marketing flyer Marketing Flyer  
Space notes Space Notes  


Floor
Sq ft Available
Rent
Status
Lease term
Space use
GRND
2,583
£55,000
Available
Negotiable
Retail
The C-listed Victorian building is set out over three floors, comprising of 21 self-catering hotel apartments, a spacious commercial unit (ideal for operation as a restaurant), an atrium living room, a bar and roof terrace.

Uniquely located, this boutique apart-hotel is right in the heart of Edinburgh’s city centre. Situated just a stone’s throw from Edinburgh Castle, St. Giles’
Cathedral, the National Museum of Scotland, the National Library and Edinburgh University. As a central part of the ‘New Waverley’ scheme, the Canongate will create a vibrant hub within this flagship mixed-use development, creating an entirely new destination for Edinburgh. The development is positioned next to the historical Royal Mile with the main shopping and commercial thoroughfares of Princes Street and George Street close by. Within a comfortable walking distance are major high street retailers, fine restaurants and fashionable bars. Getting to and from New Waverley could not be easier given the array of transport connections. The newly refurbished Waverley Station is only 4 minutes’ walk away, offering regular trains throughout the Lothian region, Scotland and the UK. The nearest airport is Edinburgh Airport, 7 miles from the apart-hotel, with Glasgow Airport 48.5 miles away.

Sale Notes:
Our client is seeking Offers in Excess of £8,000,000 plus VAT for the purchase of The Canongate.
This would include a fully completed (unfurnished) apart-hotel, consisting of 21 high end hotel apartments, as well as fully serviced, shell finished, commercial spaces that are ready for fit out and operation.
Our client has produced a forecasted operating performance that can be requested directly from Knight Frank. It forecasts an operating rooms
revenue in excess of £1,400,000 per annum

Knight Frank LLP
James Stewart-Lockhart
0131 322 3455


Knight Frank LLP
Charlotte Swearman
001312229630

Toby Withall
001312229616



Share this listing

Copy and paste this HTML into your blog or web page:
<a href="http://www.showcase.co.uk/property/New-Street/Scotland/Edinburgh/11158909" target="_blank">New Street - The Cannongate, Edinburgh - Commercial property</a>

Send Email
From:
To:
Subject:
Add a personalized message: (Optional)
Copyright © 1997-2019 CoStar Realty Information, Inc. All rights reserved. | About SHOWCASE | Advertise | Site Map