See examples of Serviced Office Spaces for Rent in Edinburgh
The 19,378-square-foot Hayweight House has just been refurbished at a cost of £1.3 million and has a Class C energy rating.
With six floors, the building will offer open-plan office space starting at 2,033 square feet.
Constructed in the 1990s, the building was bought by the Morley Property Investment Fund. In 2006, Hayweight House was purchased for £5.85 million and then rented by the Scottish Courts at £16.60 per square foot.
John Clement, Partner at King Sturge, stated: “Hayweight House has been refurbished to a very high standard, and we are offering flexible open-plan floor-by-floor lettings with competitive terms”.
Hayweight House is located between Saltire Court and Princes Exchange. The Grassmarket area is close by.
A recent survey found that the Scottish real estate market has experienced a boost. The Royal Institute of Chartered Surveyors Scotland found that 25 per cent of Scottish surveyors said the number of deals in the last quarter had increased rather than decreased.
Graeme Hartley of RICS Scotland did sound a note of caution, however: “The Scottish market remains relatively buoyant with active buyers and sellers, although the price levels remain subdued.
“The number of newly agreed sales over the past month would demonstrate that sellers are more realistic about current property prices and it is difficult to see it picking up materially over the coming months.”
He added that economic uncertainty might mean the number of deals done stays fairly low.
Editor’s notes: In July 2021, Edinburgh City Council granted permission to the new landlord, Regent Capital Plc, to change the use of the property to a hotel.
The office space element of Heyweight House on Lauriston Street was vacant at the time and would be converted into a 56-room hotel.
In 2022, a total of 660,700 square feet of space was taken up through office leasing deals in Edinburgh. The largest deal of the year was BlackRock’s acquisition of 139,172 square feet at 20 Brandon Street.
With relative scarcity of good-quality office space in the city, there was upward pressure on prime office rents, which reached £40 per square foot per year, representing a 5.3 per cent increase over 2022.
It was reported that Edinburgh’s total take-up for 2025 was 492,829 square feet, which was below the 10-year average.
Only four deals in 2025 were over 15,000 square feet, and many occupiers opted for short-term lease extensions to allow time for new space in the development pipeline to be completed. In fact, there were over 250,000 square feet of lease regears over the year.
With no major speculative office developments in the pipeline, pre-letting activity where opportunities arose was expected to be strong.
It was also anticipated that flex offices would remain in high demand, with the city’s stock shortage presenting opportunities for additional capacity and new entrants.
Savills reported in July 2026 that Edinburgh’s half-year take-up total was 197,385 square feet, achieved through 58 transactions, on par with the five-year H1 average. It also reported that Grade A and Prime take-up accounted for 50 per cent of the H1 take-up.
This left the Grade A vacancy rate at 6.4 per cent and the Prime vacancy rate at 1.68 per cent, one of the lowest across the regional cities.
It was also reported that the ‘Serviced Office’ sector was active during the first half of the year, leasing a total of 21,945 square feet, accounting for 11 per cent of the H1 total.
Savills also reported that the Prime headline office rent remained steady at £49.50 per square foot during Q2 2026. This was achieved in Q1 2026 at Haymarket Square.