25, Rodney Street, Edinburgh, EH7 4EL

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
( Agency Pilot Software ref: 54222 )