78-79 Princes Street & 4-18 Hanover Street
Edinburgh
Extending to 29,103 sq ft, the property forms a prominent four-storey, Grade B listed mixed-use corner block within the New Town conservation area, a UNESCO World Heritage Site. The building comprises six ground-floor retail units, a first-floor restaurant overlooking Princes Street, and 16 modern converted residential apartments—spanning studio, one-, and two-bedroom layouts—across the upper floors. The property is let to a diverse mix of national retail, hospitality, and residential operators, including Office, Accessorize, Blank Street Coffee, Costa, Cass Art, Sheila Fleet, and Destiny Scotland.
The property is situated in the heart of Edinburgh’s vibrant city centre, occupying a prime commercial pitch at the junction of Princes Street and Hanover Street. As Edinburgh’s primary retailing thoroughfare and Scotland's second-largest shopping destination, Princes Street welcomes an annual footfall of approximately 15.5 million visitors, underpinned by a prosperous local economy and over 4 million annual tourists. Its unique single-sided layout protects iconic views of Edinburgh Castle while naturally restricting future development supply, driving exceptionally high retail occupancy alongside landmark nearby redevelopments and five-star hospitality venues.
