For Sale Office / Re-Development Opportunity
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FOR SALE OFFICE / RE-DEVELOPMENT OPPORTUNITY 31aCHAMBERS STREET EDINBURGH EH1 1HU 31a CHAMBERS STREET | EDINBURGH | EH1 1HU LOCATION The property is located in the heart of Edinburgh’s Old Town, approximately 5 minutes walk from the famous Royal Mile and 10 minutes walk from Princes Street. The surrounding area comprises a mix of historical and cultural buildings with many of Edinburgh’s top tourist attractions within the immediate vicinity. The Edinburgh University Old College and Edinburgh College of Art are located nearby, as well as the National Museum of Scotland, Greyfriars Kirk, Edinburgh Festival 7 Theatre, Bedlam Theatre and the National Library of Scotland. I N More specifically, V the property is located on the North side of E 5 ROYAL BOTANIC R L Chambers Street, closeE to the junction with George IV Bridge I GARDENS T H and directly adjacent R to both the Edinburgh Sheriff Court and the 6 O Crown Office & ProcuratorW Fiscal Service. D OA R ON The location offers an excellent rangeRIST of amenities with a variety Water of Leith WAR C GRANGE of Edinburgh’s best hotels, restaurants, cafes and bars on the OM EITH PARK L EL CRICKET E RAIGL C Y C L A O E BA G R A M doorstepL such as Hotel Du Vin, the Radisson Collection Hotel, N CLUB EN P R O B E K M GL M E I L ROA R L O Y D O A B RO R B U 10 N N G Q R N HTO I O A N U T A T Café Andaluz, Vittoria, The Villager, The Outsider, TheR Tower and G D D N E H E E R H B R K U O C S N G O R A A S N T F H R N D V ACE V E PL O R E EY R A P HENDERSON ROW E N M R S E L V the Jazz Bar. R R E A T E Y E C E R D C Y T S D T O A B E S T D N O R T O A R M N E E E R A LEARM E LA ONTH GDNS T C L ST D S L T FET TES ROW A EAR T S E R 4 M ONTH EN N GDN C E O 8 S ES PH K R TE A L Q LEARMONTH T C S L UE LN K T S ANE D A ENSF AR S U S W E P C T RR R CUMBERLAND ST H Y R AN I D E C V IT D D I E N L U G C N L E O D DON ST N EAST LON U GREAT KING ST A T C S E CALTON HILL S S S T T T U E N CE R RAVELSTON TERRA BROUGHTON ST I L H O W A O O N LA N AY P CE NORTHUMBERLAND ST R E R W M O S L M E T E R S E T 9 E T HERIOT ROW 1 ALBYN PL QUEEN STREET YORK PLACE LO Q N D U DO A E THISTLE ST Bus N O HILL ST THISTLE ST HANOVER ST FREDERICK ST E CASTLE ST N R R S Station ST JAMES D F R E CHARLOTTE ST ANDREW E R CENTRE 1. T R Revolution Bar S Y 3 A S GEORGE STREET 2. T Edinburgh Old College E 31a ST SQUARE SQUARE 3. LLE National Museum of Scotland LVI ROSE STREET C CHESTER STREET ME 4. ORSTORPHINE ROAD Edinburgh Waverley Train Station RO 5. 6. SE PRINCES STREET Princes Street Gardens Princes Street BU N R THE MOUND N PL L 7. O T ICK O Edinburgh Castle E R R W T R D T 8. A N H CE HA H George Heriot’s School I S A W B EST 9. R COAT N Waverley Edinburgh Sheriff Court ES I D H G 10. AYM Station R A R EG RKET ST E ENT R Lloyds Banking Group Head Office TER D O D RACE N CALTON RD TLA A I T C A OR D M PHI A CHE MURRAYFIELD N S S Edinburgh Castle T T RUGBY L E M STADIUM ORR T HOLYROOD ISON E ST RR HIGH STREET G PALACE Haymarket E CANONGATE O THE SCOTTISH R PARLIAMENT Station G E I V B LA RK R MA ET I D SS D COWGATE S A W Y R G EST E G G B A L E M R PPRO AD EA A ACH D R D HOLYROOD ROAD R O A P S W WEST OAD R O O T PORT R L V S Y H E R C O E A L S O N A R T D PP S CHAMBERS STREET T T A S 2 S T WE P L E A P S E O A G N RID N N B T LAUR I N ISTO C I N C TA O PL N A O U E FO N CE S L T S T O DEE S DUN N S E T S ROAD C R ORGIE A T G R E R E E T L E RK T O A P LE E N C N NG E PLA A MOR A GIL R D S MEADOWS V e I c E Gleng ra W yle Ter BRUNTSFIELD F O D R LINKS A T O H R r Park Rd D NS M e M OR ARDE d ELV EF H G E n ILL T RT R re E LA WA W r D S POL C Wa RIV H H E I I S E T T C E RR O LA H M TE P TH N D O R R L A A E LW FI U PO A TS V N S U E C E BR H N L O U M E A N O N T R D STRA THEARN PL CHURC H HILL STRATH EARN ROAD 31a CHAMBERS STREET | EDINBURGH | EH1 1HU DESCRIPTION The property comprises office accommodation within a traditional Category B Listed building facing on to Chambers Street which was originally a dental hospital and school. The property is arranged over ground and first floors with dedicated access within a 4 storey traditional block. The building is covered by a deed of conditions and further information including owner’s manual is available. The majority of the accommodation is situated at first floor level and benefits from the following specification: • Self-contained • Secure door entry system • High floor to ceiling heights • Kitchen / tea prep facilities • Excellent natural daylight • Male and female WC facilities • Gas central heating • Suspended ceiling with integrated lighting ACCOMMODATION We have measured the property in accordance with the RICS Code of Measuring Practice (6th Edition) to provide a Net Internal Area of 336 sq m (3,621 sq ft). The Gross Internal Area is 419 sq m (4,509 sq ft). GROUND FLOOR FIRST FLOOR BUSINESS RATES ENERGY PERFORMANCE We have been advised by the local Assessors Department that the property currently has a CERTIFICATE (EPC) Rateable Value of £47,800 with rates payable The property has an EPC ‘C’ rating. (2018 / 2019) of approximately £22,944 per annum. VIEWING PLANNING Strictly by appointment with the sole agents: The property is currently used as an office. Ryden LLP Alternative uses may be considered and 7 Exchange Crescent interested parties are invited to make their Edinburgh own enquiries to the City of Edinburgh Council EH3 8AN planning department. Tel: 0131 225 6612 Cameron Whyte OFFERS Email: [email protected] Details on quoting price can be obtained by contacting the sole selling agents. Interested Peter I’Anson parties are advised to note their interest in Email: peter.i’[email protected] writing to be kept informed of any closing dates. VAT All figures are quoted exclusive of VAT. Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of this property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or LEGAL COSTS lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, Each party will be responsible for their own and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves legal costs in this transaction. by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property. November 2018..