FOR SALE OFFER OVER £XXX
City Centre Residential Development Opportunity
55 Roseburn Terrace, Edinburgh, EH12 5NQ
Proposed development
2x Flats
1 x Retail Shop unit.
Introduction
Graham + Sibbald and SRA Ventures are delighted to bring this rare and exciting development opportunity onto the market. We feel the nature, size and location of the property offers investors and developers an exciting project within the sought after Roseburn district of Edinburgh with significant potential to maximise end values upon completion of the redevelopment.
Location
The city of Edinburgh is Scotland’s capital, widely recognised as one of the UK’s most affluent and desirable destinations with a resident population of approximately 500,000 people. Edinburgh is considered the second largest financial centre within the UK and home to multinational corporations such as the Royal Bank of Scotland, Standard Life Investments and Lloyds Banking Group.
The city is one of the world’s premier tourist destinations with a vast array of historic landmarks such as Edinburgh Castle, The Royal Mile and Calton Hill showcasing an array of internationally renowned events including the Edinburgh Festival, The Six Nations and the acclaimed Hogmanay NYE Street Party.
The property is located on Roseburn Terrace within the Roseburn district of Edinburgh approximately a 10 minute walk from the city centre. Roseburn Terrace is situated along the A8, which forms the main arterial thoroughfare connecting to the west and allows direct transit to the Edinburgh International Airport by car or bus within approximately 15 minutes, alternatively the Edinburgh Tram Service can be accessed from its Haymarket Station circa 500m to the east of the subject property.
Description
Arranged over ground and lower ground level the property has undergone an extensive strip out following its previous commercial use to reinstate back to its original residential features, with positive preliminary discussion underway with the Edinburgh City Council proposing a mixed use conversion offering a ground floor retail element with two spacious flats held within the existing mid terraced Georgian tenement.
Alternative configuration options may be a Ground Floor Retail element and an Outstanding 2/3 Bedroom Duplex Residential Property. The CGI impressions below provide a representation of what such a redevelopment may look like.
Accommodation
According to the SAA website the property extends to the following gross internal areas:
Ground Floor: 67.24sq m / 724sq ft
Basement Floor: 42.79sq m / 460sq ft
Total: 110.03sq m / 1,184sq ft
Rateable Value
According to the Scottish Assessors Association the subjects have a current Rateable Value of £XXX
Planning
We understand the subjects currently benefit from a Sui Generis use classification.
Price
Offers over £XXX are invited to purchase the Landlords outright heritable interest.
Location
Location
The city of Edinburgh is Scotland’s capital, widely recognised as one of the UK’s most affluent and desirable destinations with a resident population of approximately 500,000 people. Edinburgh is considered the second largest financial centre within the UK and home to multinational corporations such as the Royal Bank of Scotland, Standard Life Investments and Lloyds Banking Group.
The city is one of the world’s premier tourist destinations with a vast array of historic landmarks such as Edinburgh Castle, The Royal Mile and Calton Hill showcasing an array of internationally renowned events including the Edinburgh Festival, The Six Nations and the acclaimed Hogmanay NYE Street Party.
The property is located on Roseburn Terrace within the Roseburn district of Edinburgh approximately a 10 minute walk from the city centre. Roseburn Terrace is situated along the A8, which forms the main arterial thoroughfare connecting to the west and allows direct transit to the Edinburgh International Airport by car or bus within approximately 15 minutes, alternatively the Edinburgh Tram Service can be accessed from its Haymarket Station circa 500m to the east of the subject property.
Accommodation
Description
Arranged over ground and lower ground level the property has undergone an extensive strip out following its previous commercial use to reinstate back to its original residential features, with positive preliminary discussion underway with the Edinburgh City Council proposing a mixed use conversion offering a ground floor retail element with two spacious flats held within the existing mid terraced Georgian tenement.
Alternative configuration options may be a Ground Floor Retail element and an Outstanding 2/3 Bedroom Duplex Residential Property. The CGI impressions below provide a representation of what such a redevelopment may look like.
Accommodation
According to the SAA website the property extends to the following gross internal areas:
Ground Floor: 67.24sq m / 724sq ft
Basement Floor: 42.79sq m / 460sq ft
Total: 110.03sq m / 1,184sq ft
Terms
Rateable Value
According to the Scottish Assessors Association the subjects have a current Rateable Value of £XXX
Planning
We understand the subjects currently benefit from a Sui Generis use classification.
Price
Offers over £XXX are invited to purchase the Landlords outright heritable interest.