Canning Exchange is a modern four-storey office building in an established location within the city centre. The subject comprises of four separate floors of office accommodation which would be available in whole or on a floor-by-floor basis. It is due to undergo extensive refurbishments both internally and externally to accommodate the following:
- New arrival areas with full height atrium and feature entrance canopy
- Fully electric building – net zero carbon in operation with a target EPC Rating “A”
- Comprehensively refurbished bike storage with 32 bike racks and repair station
- Newly refurbished drying areas and lockers
- Refurbished toilets, showers, & lockers on every floor
- 5 secure covered parking spaces available (inclusive of 4 EV charging points)
The suites themselves will also undergo a suite of works to provide the following:
- New highly efficient LED lighting with “defurbished” style coffered ‘waffle’ ceilings
- Metal raised access floors with new carpeting
- Separate dedicated risers provided for diverse connections to each floor
- Clear floor to ceiling height of 2.7m
- Highly efficient VRF system for heating and cooling with 100% fresh air
- Ventilation designed for 1:10 sq m
- Intelligent DALI open protocol lighting control system
- Energy efficient design using low or zero carbon equipment incorporated including MVHR, ASHP and LED lighting
Location
Located in the heart of Edinburgh city centre, Canning Exchange sits immediately adjacent to the Exchange (the city’s prime office destination) and the newly emerging Haymarket office district.
The building is surrounded by numerous well known restaurants, cafes, bars and gyms. Haymarket rail station is also within 5 minutes’ walk as is the West End tram halt and the city’s extensive bus network.
In short, Canning Exchange provides occupiers with the perfect blend of amenity, accessibility and profile.
Accommodation
The four floors of office accommodation are available in whole or on a floor-by-floor basis.
Ground Floor - 2,492 sq ft (232 sq m)
First Floor - 4,250 sq ft (395sq m)
Second Floor - 4,255 sq ft (395 sq m)
Third Floor - 3,911 sq ft (363 sq m)
Total - 14,908 sq ft (1,385 sq m)
Terms
LEASE TERMS - The subjects are available on full repairing and insuring terms for a period to be agreed. Further information is available from the sole letting agents.
SERVICE CHARGE - A service charge will be applicable for the maintenance, upkeep and running of the common parts of the property. Further details are available on application.
EPC - A new EPC will be commissioned on completion of the works and an ‘A’ rating is forecast.
VAT - The building is elected for VAT, therefore VAT will be payable on the rent and service charge.
RATEABLE VALUE - The total rateable value of the office space as of April 2023 is £258,650 . For more information please contact Lothian Valuation Joint Board on 0131 344 2500 or enquiries@lothian-vjb.gov.uk
Specification
- Comprehensive refurbishment programme to complete Q2 2024
- Prominently located between the West End and the Exchange District
- 5 secure and covered car parking spaces available
- Refurbished toilets, showers, & lockers on each floor
- "Defurbished" style suites with 'waffle' ceilings
- Fully electric building - net zero carbon in operation