Offers over

£4,750,000

(£280.05/sq. ft)

Retail premises for sale
Hanover House, 45A-51 Hanover Street, New Town, Edinburgh, Scotland EH2

    • 16,961 sq. ft

Available immediately
Added on 22/05/2025

About this property

  • 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%

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%

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Monthly repayment

£23,761 per month

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