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For Sale 27 & 29 Murieston Crescent Gorgie, Edinburgh, Eh11 2Ln

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For Sale 27 & 29 Murieston Crescent Gorgie, Edinburgh, Eh11 2Ln FOR SALE 27 & 29 MURIESTON CRESCENT GORGIE, EDINBURGH, EH11 2LN HOME SITE LOCATION PLANNING UNIVERSITIES CONTEXT COMPARABLE CONTACT • Consented Student Housing Development Site HAYMARKET STATION • Strong Edinburgh Student Housing location • Planning consent for 120 studio beds • Located in Gorgie, Edinburgh • Site Area approx. 0.107 ha MURRAYFIELD STADIUM (0.263 acres) DALRY ROAD • Offers Invited SITE FOUNTAIN PARK LEISURE COMPLEX TYNECASTLE STADIUM GORGIE ROAD www.scarlettdev.co.uk/developments/muriestoncrescent FOR SALE 27 & 29 MURIESTON CRESCENT GORGIE, EDINBURGH, EH11 2LN HOME SITE LOCATION PLANNING UNIVERSITIES CONTEXT COMPARABLE CONTACT • 0.107 ha (0.263 acre) site in a strong student housing location with the benefit of Planning consent for 120 student beds. • Location attractive to students attending Heriot-Watt, Napier and Edinburgh Universities • Close to The Mill House (Fresh Student Living) on Gorgie Road – 257 beds sold out in February 2018 for 2018/2019 (approx. 50% overseas students) • Planning Ref: 16/01999/FUL for 120 studio beds granted 2nd February 2018 • Building Warrant granted for demolition 16/01441/DEM FOR SALE 27 & 29 MURIESTON CRESCENT GORGIE, EDINBURGH, EH11 2LN HOME SITE LOCATION PLANNING UNIVERSITIES CONTEXT COMPARABLE CONTACT Edinburgh is Scotland’s Capital and cultural, economic, financial and political centre. With a resident population of approximately 500,000, the city is the UK’s second largest and Europe’s fourth largest financial centre by equity assets under management. Edinburgh is the most prosperous regional city in the UK and its workforce is one of the most highly educated. Edinburgh has a highly educated workforce and is the most prosperous regional city in the UK. SITUATION Murieston Crescent is located in Gorgie between Gorgie Road and Dalry Road just to the west of Edinburgh City Centre – approx. 1.5 miles from Princes Street. This area of the city offers an excellent bus service which makes this site ideally placed for access to the city centre, Haymarket Station and surrounding areas. The immediate area has a wide variety of amenities including Murieston Park, which the site overlooks, and Harrison Park, shops, supermarkets (Sainsbury’s, Lidl, Co-op), restaurants and bars. Dalry Swim Centre and the Fountain Park Leisure Complex (including restaurants, cinema, casino, bowling and entertainment centre) are within walking distance – approx. 10 minutes’ walk. BT Murrayfield Stadium and Tynecastle stadiums are a few streets away. The National Cycle Network (Route 1) also passes nearby. Gorgie is now established as a key student housing location for students from Heriot-Watt University, The University of Edinburgh, Edinburgh Napier University, Edinburgh College, Edinburgh College of Art and MGA Academy. They are easily accessible via public transport which is available nearby – approx. 4 minutes’ walk to Gorgie Road. FOR SALE 27 & 29 MURIESTON CRESCENT GORGIE, EDINBURGH, EH11 2LN HOME SITE LOCATION PLANNING UNIVERSITIES CONTEXT COMPARABLE CONTACT PLANNING Planning consent was granted on 2nd February 2018 for 120 studio flats. Planning Ref: 16/01999/FUL Section 69 Legal Agreement: - TRO Contribution of £2,000 FOR SALE 27 & 29 MURIESTON CRESCENT GORGIE, EDINBURGH, EH11 2LN HOME SITE LOCATION PLANNING UNIVERSITIES CONTEXT COMPARABLE CONTACT HIGHER EDUCATION IN EDINBURGH CONECTIVITY There are almost 80,000 students in the city attending the four major Universities, The University of Edinburgh, Bus Edinburgh Napier University, Heriot-Watt University and Queen Margaret University. Students from the first Distance Est. Journey three of these Universities are attracted to live in the Gorgie area where the site is located. Students from nearby Time (minutes) MGA Academy of Performing Arts also live in the area. Napier University 2 miles 15 (Craiglockhart) Edinburgh College 1.8 miles 20 of Art University of 2.5 miles 20 Edinburgh University of 3 miles 35 The University of Edinburgh is one of the world’s leading research universities and provides a diverse range of Edinburgh (King’s courses for students, including arts, humanities, social sciences, medicine, science, law and engineering. Buildings) Napier University 3.4 miles 24 (Sighthill) Edinburgh College 3.4 miles 30 (Sighthill) Edinburgh College 3.5 miles 35 Edinburgh Napier University was granted its University status in 1992 and was awarded the Queen’s Anniversary (Granton) Prize for Higher and Further Education in 2009. It has three campuses throughout the city. Heriot-Watt 5 miles 30 University Tram The nearest tram stops are Murrayfield and Haymarket – both are approx. 1 mile away. Heriot-Watt University is divided into six schools and operates from a large campus in south west Edinburgh. Train There are a significant number of postgraduate students and student number growth has remained stable in Haymarket Train Station is approx. 1 mile away with recent years. connections to local and mainline services FOR SALE 27 & 29 MURIESTON CRESCENT GORGIE, EDINBURGH, EH11 2LN HOME SITE LOCATION PLANNING UNIVERSITIES CONTEXT COMPARABLE CONTACT 1. Heriot Watt University 3 2. Edinburgh Napier University – Sighthill / Edinburgh College - Sighthill 3. Edinburgh College – Granton 4. The MGA Academy of Performing Arts 7 8 5. Edinburgh Napier University – Craighlockhart SITE 6. Edinburgh Napier University – Merchiston 7. Edinburgh College of Art 4 6 8. The University of Edinburgh 2 9 9. The University of Edinburgh – King’s Buildings 5 1 FOR SALE 27 & 29 MURIESTON CRESCENT GORGIE, EDINBURGH, EH11 2LN HOME SITE LOCATION PLANNING UNIVERSITIES CONTEXT COMPARABLE CONTACT COMPARABLE PBSA Gorgie has emerged as a key Student Housing location as demonstrated by the early sell out of rooms at The Mill House at 400 Gorgie Rd, Edinburgh EH11 2BF. THE MILL HOUSE, GORGIE ROAD The 257 rooms sold out in February 2018 for academic year 2019/2019 with approx. 50% of students from overseas. The Mill House is occupied mostly by students from Heriot- Watt University. Students renting at The Mill House also attend Edinburgh University, Napier University, Edinburgh College, Edinburgh College of Art and MGA Academy. Approximately 50% of occupants are overseas students. Rooms at The Mill House range from (per week): En suite - £148 - £155 (44 weeks) Studio - £176 - £196 (51 weeks) FOR SALE 27 & 29 MURIESTON CRESCENT GORGIE, EDINBURGH, EH11 2LN HOME SITE LOCATION PLANNING UNIVERSITIES CONTEXT COMPARABLE CONTACT TENURE VIEWINGS Heritable Interest (Scottish equivalent of All viewings will be strictly by appointment English Freehold) through the sole selling agents. PRICE CONTACT Offers Invited For further information, please contact: VAT Will Scarlett The property is not opted to tax for VAT. 07768 146 642 [email protected] WEBSITE www.scarlettdev.co.uk Further information can be found on the website at: www.scarlettdev.co.uk/ developments/muriestoncrescent OFFERS Offers should be submitted to Scarlett Land and Development. Unconditional offers with a clear timetable for Settlement are strongly preferred by the Vendor. Important Notice Scarlett Land and Development Ltd, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either in writing or by word of mouth. Any information given is entirely without responsibility on the part of the agents or the sellers. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive and it should not be assumed that the property remains as photographed. Any error, omission or mis-statement shall not annul the sale or entitle any party to compensation or recourse to action at law. It should not be assumed that the property has all necessary planning, building regulation or other consents, including for its current use. Scarlett Land and Development Ltd have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise and ought to seek their own professional advice. 3. All descriptions or references to condition are given in good faith only. Whilst every endeavour is made to ensure accuracy, please check with us on any points of especial importance to you, especially if intending to travel some distance. No responsibility can be accepted for expenses incurred in inspecting properties which have been sold or withdrawn. Prepared June 2018.
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