Page 46 - KPG Activity Portfolio 2024 V2
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NO. 2 CASTLE
TERRACE
E D I N B U R G H
PROPERTY ACQUISITION, INVESTMENT,
SPECULATIVE REFURBISHMENT, LETTING
AND INVESTMENT SALE
The property lies between Edinburgh’s Exchange District
and the ‘Golden Rectangle’ and within close proximity to the
amenities of Princes Street and George Street.
The property underwent a major refurbishment including
remodelling of the entrance and reception, new M&E
throughout, new toilets and a dedicated cycle store, with
associated shower and locker facilities.
The first floor was pre-let to Knight Frank before the
refurbishment commenced, with the other tenants being
Michael Page, Broadridge Financial and ERG UK Holdings.
The property was sold in 2021 to an overseas investor.
Client Knight Property Group
Value £8m | Contract 16 weeks | Size 10,986 sqft
Tenants Wagamama / Knight Frank / Michael Page /
ERG UK Holdings / Broadridge Financial
44 INVESTMENT FOR SALE
CASE STUDIES
2 CASTLE TERRACE EDINBURGH EH1 2DP