Trainline stops at Edinburgh office
Online train tickets retailer thetrainline.com has chosen to lease office space in a premium office development in Edinburgh.
The independent retailer of online train tickets has taken 12,000 sq ft of floor space on a 10 year lease at the Tanfield office scheme in Inverleith Row, Edinburgh. thetrainline.com are only the second tenant in the large office development after project’s first occupier, Aecom, a technical and management support services provider, moved into the first floor of the building last autumn, taking just over 17,000sq ft.
The Tanfield building is now owned by the Carlyle Group and was the former offices of investment company Standard Life. Upon its opening in 1991, the building was one of the most ambitious developments in the UK and boasted the largest floor plates of any office in Europe. Having acquired the office in April 2007, Carlyle Group has since invested in a programme of renovation and redevelopment on the building and completed the works in around June 2009. The first lease was secured with Aecom in October, 2009.
Located on the northern edge of the city centre, the building now offers Grade A rated office space, available to let as self-contained office suites ranging from just under 7,000 sq ft up to the full three floors of over 190,000 sq ft. Each suite is accessed through a 78m long feature atrium via a double height reception area. The building has a BREEAM rating of ‘very good’. Corporate and Personal Services are available at the reception desk along with a concierge facility.
Market reports suggest there has been a lack of interest in the building and Carlyle has not disclosed the agreed rental price for the leased floor space. Despite news of this second letting in excess of 170,000 sq ft of space is still to be taken.
Mark Harris, director of Carlyle Group, said the firm has made several improvements to Tanfield since the development was opened last autumn. He told the Scotsman: “Since our first letting, we have strengthened our efforts to further develop facilities in the building, with the introduction of a concierge service to enhance the experience for those working at Tanfield, ensuring we remain the first choice for occupiers with office requirements in Edinburgh.”
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