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20 Queen Street, Edinburgh, EH2 1JX
Offers in Excess of £925,000
For Sale

LOCATION

20 Queen Street is located in Edinburgh’s New Town forming part of a UNESCO World Heritage site and the largest, best-preserved example of Georgian architecture in the UK. 

 The property is located centrally on Queen Street, between the junctions of Frederick Street and Hanover Street, with views over Queen Street Gardens and, further to the north, Fife and the Firth of Forth.

Its location in the heart of Edinburgh affords it all the benefits that this location provides in terms of retail, leisure, restaurants and transportation.  Nearby occupiers include Bonhams, Travelodge and Royal College of Physicians whilst the

The nearest tram stop is a short distance away at York Place and metered car parking is available on Queen Street and surrounding locations.

DESCRIPTION

The subjects comprise office accommodation contained within a mid-terraced, Georgian townhouse arranged over lower ground, ground and first floor.  The second floor and attic of this category A-listed building are in residential use with separate access provided through number 19. There is a small yard area to the front with access to two under pavement cellars.

Internally, the ground floor provides an entrance vestibule, hallway and 3 offices with a sweeping staircase leading to the first floor where there is a further 3 offices, WC and tea prep.

The lower ground floor, which can be accessed separately from Queen Street, is currently vacant and consists of 3 offices, toilet, tea prep and boiler cupboard all accessed off a central hallway.

There is also a private garden which is currently paved and accessed from the rear of the ground floor office accommodation.

The current occupier, Royal Air Force Benevolent Fund, is in the process of vacating the accommodation.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate arear:

 

SQ M

SQ FT

Lower Ground Floor

60.42

650

Ground Floor

71.65

771

First Floor

76.00

818

Cellars

22.8

245.4

     

Total Approx. Gross Internal Area

320.28

3,447

Total Approx. Net Internal Area

230.87

2,485

PRICE

Offers in Excess of £925,000 are invited for our client’s heritable interest.

TERMS

Heritable (Scottish equivalent to English freehold).

TOWN PLANNING

The property, which is currently an office, is situated in the New Town Conservation Area and may be suitable for residential conversion, subject to obtaining the necessary planning and listed building consents.  Interested parties should make their enquiries directly with the planning department of City of Edinburgh Council.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have various entries into the Valuation Roll.  The cumulative Rateable Value from those entries is £30,700.

UTILITIES

The property is served by mains gas, electricity and water.

ENERGY PERFORMANCE CERTIFICATE

A copy of the EPC and recommendation report are available on request.

LEGAL COSTS

Each party shall bear their own legal costs with the eventual purchaser liable for any LBTT and Registration Dues.

ENTRY

Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION

By appointment through the sole selling agent, Allied Surveyors Scotland plc.

Iain W. Mercer BA, AssocRICS
Director of Commercial Agency (East)

0131 357 4455 / 07713 626 887
Iain.mercer@alliedsurveyorsscotland.com

Bernadetta Majewska BSc (Hons)
Graduate Commercial Surveyor

0131 357 4455
Bernadetta.majewska@alliedsurveyorsscotland.com

  • Category A-listed, partial townhouse in Edinburgh’s New Town
  • Office accommodation over lower ground, ground and first floors
  • Prime opportunity for residential redevelopment (subject to planning)
  • Approximate 230.89 sq m (2,485 sq ft) net internal area
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