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Industrial Unit

Industrial Unit For Sale Edinburgh

PROPERTY ID: 138042

PROPERTY TYPE

Industrial Unit

STATUS

Available

SIZE

11,326 sq.ft

Key Features

Prominently located development site in sought after area of Edinburgh
Site Extends approx. 0.259 acres
Current light industrial building extending to 772.76 sqm (8,318 sq ft)
Short term rental income of £76,000 until July 2027

Property Details

Development Opportunity/investment Opportunity The Subjects Comprise A Two Storey And Basement, Traditional Brick Built Detached Light Industrial Premises Held Under A Pitched And Slated Roof. There Is Generous On Site Private Parking For Approximately 15 Cars. Access To The Site Is Taken Directly From Rodney Street. The Building/site Is Bounded By Predominately Private Residential Dwellings With A Hard Standing Yard Situated Immediately To The West. The Current Premises Also Benefits From Mains Water, Electricity And Gas. Two Possible Scenarios Were Discussed: Option 1: 17 Residential Units Over Four Storeys. The Block Is Set Back From The Street To Avoid Crossing The Tunnel Below Rodney Street But Is Orientated To Address The Existing Tenemental Scale And Streetscape. Option 2: 11 Residential Units Comprising 7 Townhouses And 4 Duplex Apartments. The Existing Warehouse Structure On The Site Would Be Retained And Adapted For Residential Use, With Additional New Build Townhouses Positioned To The South. This Adaptive Reuse Helps To Reduce The Embodied Carbon Footprint Of The Development And Retains The Character Of Eyre Place Lane In Line With The City Plan 2030 Guidelines. Prominently Located Development Site In Sought After Area Of Edinburgh Site Extends Approx. 0.259 Acres Current Light Industrial Building Extending To 772.76 Sqm (8,318 Sq Ft) Short Term Rental Income Of £76,000 Until July 2027

About the Agent

Graham & Sibbald- Edinburgh

See Agent's Other Properties

Industrial Unit

POA

Rodney Street, Edinburgh, EH7 4EL
Industrial Unit - Available
11,326 sq ft
1,052 sqm
Show phone number

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