CKD Galbraith, the independent property consultancy, has seen an increase in activity for city centre office space with three deals in the capital completed within one month.
Acting on behalf of landlord J. Smart & Co. (Contractors) PLC, the partnership has let the second floor office at Cairncross House on Edinburgh’s Union Street to Republic of Media, an independent communications planning company, on a five-year lease.
The 666 sq foot suite at the four-storey, purpose-built office building, situated in Edinburgh’s New Town within the Broughton district, has been recently refurbished.
And at Crichton House in Edinburgh’s old town, the second floor mezzanine suite, which extends to approximately 650 sq ft, has been let to the Scottish Labour Party at a rent of £20 per sq ft.
CKD Galbraith acquired the modern open plan office development in 2011 for the private owner in an off-market deal for £1.62million. Other occupiers include national homeless charity, Crisis, and the Scottish Building Employers Federation.
While at 53 George Street, CKD Galbraith secured tenant Ellis IP, an intellectual property consultancy, in a second floor suite on behalf of landlord The Stewart Society.
The redecorated office extends to 517 sq ft and is situated in one of Scotland’s prime business locations. The space was secured on confidential terms for a three-year period.
Said Michael Clements, marketing agent at CKD Galbraith: “It’s really encouraging to see that increased levels of interest for office space at the start of the year has developed into real letting activity over the summer.”
Notes to Editor
Full addresses for the properties are:
- Cairncross House, 25 Union Street, Edinburgh EH1 3RL
- Crichton House, Crichton Close, Holyrood, Edinburgh EH8 8DT
- 53 George Street, Edinburgh, EH2 2HT
Issued on behalf of CKD Galbraith by JK Consultancy. For further information, please contact Jenny Kumar on 07989 5571989 or firstname.lastname@example.org
CKD Galbraith is an independent property consultancy employing 250 staff in offices in Edinburgh, Stirling, Perth, Cupar, Inverness, Aberfeldy, Castle Douglas, Ayr, Elgin, Galashiels, Kelso, Peebles, Alyth and Aberdeen.
The firm provides the full range of property consulting services across the commercial, residential, rural and renewable energy sectors throughout Scotland. CKD Galbraith also enjoys a successful relationship with its associate firm in London, CKD Kennedy Macpherson.
CKD Galbraith’s commercial arm delivers partner-led commercial property intelligence across a range of services, including property and asset management, professional services, investment consultancy, sales, lettings and acquisitions, project co-ordination, facilities management and building surveying.
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