Closing date for offers - 12 noon, Thursday 27 September 2012
Offers are invited for the heritable interest of the property with the benefit of vacant possession.
Location
The former Balmwell Home for Elderly People is situated approximately 2.4km (4 m) to the south east of Edinburgh City Centre in the Gracemont area. Local retail facilities can be found in close proximity & in the neighbouring Liberton area. Cameron Toll Shopping Centre is a short drive to the north. Balmwell Terrace is located to the east of Howdenhall Road, a principal arterial route linking the city centre with the City Bypass at Straiton Junction, approx. 1.6km (1 m) to the south. Howdenhall Road is a popular bus route with several frequent services linking to the city centre, the nearest bus stop a short walk from the property at the end of Balmwell Terrace.
Accommodation
The site extends to approximately 0.584 Ha (1.44 acres) and is situated on the northern side of Balmwell Terrace. The existing accommodation, originally developed in the 1970s, consists of a part 4 storey/part single storey structure which has been vacated. The site currently provides an access road to sheltered housing, to the north and west, and Howdenhall Children’s Unit, which is situated to the east. This access will require to be retained in some form. Excluding the existing access provision, the net site area extends to approximately 0.426 ha (1.05 acres).
Terms
Closing date for offers - 12 noon, Thursday 27 September 2012
The property will be sold by way of disposition and associated Deed of Conditions containing such reservations, burdens and conditions as the Head of Legal and Administrative Services may consider necessary to protect the Council’s interest. These may include reservations regarding minerals, services etc and provisions regarding maintenance, insurance, uses, etc.
The purchaser will be expected to pay the Council’s reasonably incurred legal costs plus Corporate Property costs of 1% of the purchase price.
Specification
Planning