Office and location costs
The cost of office accommodation in the centre
of Edinburgh compares favourably with the City of London and other
locations, as shown in the following office costs table.
Office costs
| Location |
|
£/m²/ann
Type 1 |
|
£/m²/ann
Type 2 |
|
£/m²/ann
Type 3 |
| Edinburgh |
* |
295 |
* |
295 |
|
205 |
| Aberdeen |
|
230 |
|
230 |
|
210 |
| Bristol |
* |
250 |
* |
250 |
|
200 |
|
Birmingham (based on the Central Business
District within the Inner Ring Road.)
|
* |
280 |
* |
280 |
|
140 |
|
Canary Wharf
|
* |
425 |
* |
425 |
|
|
|
City of London (Type 1 built within the last 2
years)
|
* |
620 |
|
620 |
* |
300 |
|
Glasgow (City Centre)
|
* |
280 |
* |
200 |
|
170 |
| Leeds |
* |
230 |
* |
235 |
|
195 |
| Manchester |
* |
300 |
* |
300 |
|
180 |
* Denotes accommodation with air
conditioning.
Source: Valuation Office Agency – Property Market Report January
2007
Type 1: Town centre location. Self
contained suite over 1,000 sq m in office block erected in last 10
years, good standard of finish with a lift and good quality
fittings to common parts. Limited car parking available.
Type 2: As type 1
but suite size in range of 150 sq m – 400 sq m
Type 3: Converted former
house usually just off town centre. Good quality conversion of
Georgian/Victorian or similar house of character. Best quality
fittings throughout. Self contained suite in size range 50 sq m -
150 sq m, with central heating and limited car parking.
View a transcript of the office costs
table
A wide range of commercial property is also
available within easy reach of the city centre at considerably
lower cost, as shown in the following location costs table.
Location costs
| LOCATION WITHIN EDINBURGH |
£/m²/ann |
|
Edinburgh City Centre
|
295 |
|
Edinburgh Waterfront - Leith
|
226 |
|
Edinburgh Waterfront - Granton
|
162 |
|
West Edinburgh - Edinburgh Park
|
215-237 |
| |
|
View a transcript of the location costs
table