15 Dalkeith Road, Edinburgh, City of Edinburgh, EH16 5BR, UK

15 Dalkeith Road, Edinburgh, EH14 5BH

Asset Description

Edinburgh is a European capital city, UNESCO world heritage site, and global hub for innovation and higher education.
It is one of the fastest growing cities in the UK, with a population of 560,000 and a catchment of 1.4 million people.
The existing office accommodation extends to a net internal area of 199,460 sq ft, on a significant site area of 6.17 acres.
Constructed in 1976, the iconic Category A listed office building historically served as the headquarters of Scottish Widows in Edinburgh.
Situated on a key arterial route into Edinburgh city centre, the site benefits from a prime location.
Planning Permission has been obtained for the construction of 174 residential units, with selective demolition, extension and upgrading of the existing building to provide c. 130,000 sq ft of sustainable, Grade A offices.

...

Building area net

18,530 m²

Planning permission

Consented

Year built

1976

Land area gross

2.5 ha

Exciting opportunity to acquire a substantial and strategic development site in a high profile Edinburgh city centre location.
The consented scheme involves demolishing five of the twelve office modules with the remaining office structure being upgraded and extended.
Five stunning high quality residential apartment blocks are proposed in the north-east portion of the site, containing 174 units.
Opportunity to amend existing planning consent to explore alternative uses including Residential, PBSA, Hotel, Education and Leisure.
Heritable Interest (Scottish Equivalent of English Freehold).

We are instructed to invite unconditional offers for our client's Heritable Interest, subject to contract and exclusive of VAT.