Acting on behalf of Merse Properties Ltd, CKD Galbraith has successfully let the final office suite at Crichton House in Edinburgh to national homelessness charity Crisis for their first office in Scotland.
The charity has taken the remaining west office suite, which extends to 1,131 sq ft, on the second floor of Crichton House in Edinburgh’s old town for a six-year term at a rent of £20 per sq ft.
Situated in the Holyrood area of Edinburgh, midway between the historic Royal Mile and the Scottish Parliament, Crichton House is a modern open plan office development that was acquired for the private owner by CKD Galbraith in an off-market deal for £1.62million last year.
It is also home to five fellow occupiers, including the Scottish Building Employers Federation and MacKay Hannah Ltd.
The charity has now moved three initial members of staff into their new capital office in a significant expansion north of the border. Four more staff are due to join the team later this year with plans for further staff next year.
Seb Findlay of CKD Galbraith, who were instructed to market the remaining vacant suite following the building’s acquisition, said: “It’s very satisfying to achieve a fully let building in this continuing difficult market and we’re particularly pleased to have maintained a headline rent for good covenant with this established national tenant.”
Leslie Morphy, Chief Executive of Crisis, commented that the situation of the office, close to both to the Scottish Parliament and the Old Town is an excellent location for the charity.
She said: “As the national charity for single homeless people, Crisis has been working in Edinburgh for a number of years primarily offering support to local authorities and the private rented sector. Locating the team in the excellent surroundings of Crichton House enables us to significantly expand our Crisis Skylight Edinburgh team and focus further on the campaigning and policy work that we already undertake on Scottish policy issues.”
Notes to editor
- The full address is Crichton House, Crichton Close, Holyrood, Edinburgh EH8 8DT
- Since 2010 Crisis has been developing Crisis Skylight Edinburgh, one of their award winning and accredited education, training and employment services in partnership with the Grassmarket Community Project. They are working together on a building project to develop a major new learning centre due to open next year with dedicated space for Crisis to provide an expanded programme of Skylight activities.
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CKD Galbraith – www.ckdgalbraith.co.uk
CKD Galbraith is an independent property consultancy specialising in serving the needs of private clients. It employs over 180 people in offices in Edinburgh, Stirling, Perth, Cupar, Inverness, Aberfeldy, Castle Douglas, Ayr, Elgin, Galashiels, Kelso and Peebles.
The firm provides the full range of property consulting services across the commercial, residential and rural sectors throughout Scotland. The company 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.