Page 27 - KPG Activity Portfolio 2024 V2
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                                                                   FREDERICK


                                                                   STREET



                                                                   E D I N B U R G H

                                                                   PROPERTY ACQUISITION, ASSET
                                                                   MANAGEMENT, REFURBISHMENT,
                                                                   RENUNCIATION AND TWO SALES.

                                                                   This was a strategic investment purchase of a multi-let
                                                                   property on Frederick Street in central Edinburgh. This
                                                                   property is located in the heart of the city centre retail,
                                                                   between Princes Street and George Street, and is less than a
                                                                   10-minute walk to Edinburgh’s Waverley Station.
                                                                   Planning consent was secured for the upper floors to be
                                                                   used for residential purposes, and these floors were sold.
                                                                   A renunciation was agreed for the ground floor retail unit,
                                                                   which was subsequently sold to Laings.
                                                                   Client Knight Property Group

                                                                   Value £3m      |     Contract N/A     |     Size 6,171 sqft

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