Residential Development for sale102 Restalrig Road, Edinburgh, EH6 7PD
Under Offer 3,491 sq. ft. | £235,000
- Development site
- Full Planning Permission for 4 stylish apartments
- Good Residential location
- The site is suitable for a variety of uses
- Offers Over £235,000
The subjects are situated on Restalrig Road midway between Leith Links and Lochend which is a suburb of the City of Edinburgh with good traffic communications to the Port of Leith, Portobello and with access through Leith to the A720 city bypass.
The area is predominantly residential, although some commercial properties have undergone conversion to residential use. There are local convenience style retail outlets and a good provision of social and education facilities in the vicinity.
The location of the subjects is shown on the appended plan.
The subjects comprise a two storey purpose built office complex which was developed around 1970. The subjects have a substantial frontage onto Restalrig Road
The subjects benefit from Full Planning Permission for Residential from City of Edinburgh Council. The Planning reference is 16/0360/FUL. Further details, drawings, reports, etc. can be obtained from the Edinburgh Council Planning Portal using the reference noted above.
The permission comprises a partial demolition, conversion and refurbishment of an existing building to create 4 stylish apartments with car parking and landscaped garden grounds.
Each apartment has a south facing decking area.
The Design and Access Statement is attached with these sales particulars.
The subject presently hosts office premises which could be re-instated. The internal layout offers scope for a variety of other uses subject to the necessary Change of Use, Permissions, etc.
The premises have been measured in accordance with RICS Code of Measuring Practice - 6th Edition. The net internal floor areas have been calculated as being approximately as follows:
Total NIA Existing building - 324.3 sq. m (3,491 sq.ft.)
From reference to the Scottish Association Assessors' website, the subjects are noted to have a Rateable Value of £29,500.
The subjects are offered for sale at offers over £235,000.
All prices quoted are exclusive of VAT.
Each party will be responsible for paying their own legal costs incurred in this transaction.
Upon completion of legal formalities.
Strictly by contacting the sole selling agents:-
17 Corstorphine Road
Tel: 0131 624 6130 (Agency Department)
Fax: 0131 477 6016
Strictly by arrangement with the agents.
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