The subjects comprise a category A listed office premises situated over the ground, lower ground and first floors of a traditional stone-built period townhouse, surmounted by a pitched and slated roof.
The subjects are contained as part of a larger 4 storey and attic building and are accessed to the front via a set of bridging steps. Further access/fire exits are noted on the lower ground floor to the front and back of the buildings. The rear door provides access to a tiered levelled garden, which backs on to 3 car parking spaces fronting St James Place.
Internally, the subjects comprise various office, storage, circulation, W/C and kitchenette accommodation situated over lower ground, ground and first floors, all accessed internally via timber constructed and carpeted staircases.
The subjects would easily sub-divide over all levels and would suit a variety of purposes to include office, residential development, leisure and serviced accommodation, subject to all relevant consents being obtained by the purchaser.
Location
York Place, within Edinburgh’s City centre/New Town, is a direct continuation of Queen Street, one of the city’s primary thoroughfares from the west to the east. York Place is well known for its stunning Georgian architecture and spectacular traditional period buildings, and is a further well-known transport and destination hub, with the Picardy Place tram stop and Edinburgh Bus Station a moment’s walk in each direction. The recently opened Edinburgh St James Quarter sits directly behind the premises that comprises various retail, leisure, hotel and private accommodation uses.
Accommodation
The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a Net Internal basis and is as follows:
Lower Ground Floor - Office, storage, W/C, kitchenette - 65.10 sq m (701 sq ft)
Ground Floor - Entrance, offices, storage - 79.95 sq m (861 sq ft)
First Floor - Hallway, offices, storage - 90.85 sq m (978 sq ft)
Total - 235.90 sq m (2,539 sq ft)
Terms
SERVICES: We understand the premises to benefit from a 3-phase electrical system, gas, mains water and sewerage.
SALE TERMS: Our client is seeking offers over £795,000 (exc. of VAT) for the outright purchase of their heritable interest.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request. The rating is #
NON-DOMESTIC RATES: According to the Scottish Assessors’ Association website, the subjects are noted to have a cumulative Rateable Value of £34,100 per annum.
PROPOSAL: All proposals to purchase should be sent directly to the sole selling agents at the below details.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.
VAT: All prices quoted are exclusive of VAT which we understand to be chargeable.
Specification
- Rare and unique opportunity to purchase parttown house in Edinburgh’s City Centre
- Situated over ground, lower ground and first floor levels
- Benefits from rear exterior garden and 3 car parking spaces
- Situated directly behind the new Edinburgh St James Quarter
- Benefits from excellent transport links via Picardy Place tram stop and Edinburgh bus station
- Significant passing vehicular trade and pedestrian footfall
- Potential for a variety of uses to include office, residential development, leisure and serviced accommodation, subject to all relevant consents being obtained
- Offers over £795,000 (exc. of VAT)