NatWest has put the former RBS office building in Edinburgh’s South Gyle on the market
Drummond House sits on a 13.41 hectare siteat the heart of Edinburgh’s main mixed-use regeneration zone which is undergoing transformation from a high quality HQ office location to a ‘24/7’ mixed-use quarter with major development proposals from Edinburgh Park, the Garden District, Crosswinds, and the International Business Gateway.
The sale follows the bank’s decision in December to relocate more than 2000 staff from the building to its Gogarburn headquarters.
The building currently offers high quality open plan offices, two independent receptions, a staff restaurant and kitchen, underground car park, landscaped recreational area and sport facilities. NatWest believe that Drummond House presents the ideal opportunity for an office occupier to create a new campus, re-imagining the building to meet their own specific requirements and budget.
It can also be re-purposed for alternative uses, such as multi-let offices or to serve other sectors including coworking, education, healthcare, and data centres.
The site can support increased development, or complete redevelopment for residential and commercial uses as part of this exciting new mixed-use quarter.
Neil Miller of NatWest said: “Drummond House has been a very efficient and flexible asset for us, and I believe it offers a great opportunity for another business to reshape it to their specific needs, and to create a facility for tomorrow.”
James Thomson of marketing agents Cushman & Wakefield said: “A site of this scale at the heart of this rapidly evolving quarter is a fantastic opportunity for a creative development.”