Businesses look to Leith

Leith has seen a surge in office take-up over the past two years, according to experts.

And The Leith Agency has let a 7,000 sq. ft. suite at Commercial Quay in the heart of the area’s commercial district.

They have moved from The Shore to be closer to sister companies Signal and Stripe Communications.

Commercial Quay is a former bonded warehouse that provides a range of office suites on three levels above a number of high-profile leisure and restaurant units on the ground floor, including the Michelin-starred The Kitchin, Quay Commons and Papillon.

The development is owned by real estate funds and has been revamped to target the creative and tech sectors thriving in Leith.

Peter Fraser of GVA said: “Leith has seen a surge in office take-up over the past two years with an increase of over 35 per cent and this trend has continued into 2017.

“This has been driven by market conditions in the city centre where a lack of supply which is outstripped by demand has made it challenging for businesses to find affordable space.”