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146, Duddingston Road West, Edinburgh, EH16 4AP

2,573 Sq Ft / Offices

For Sale - £325,000.00

Under Offer - Last updated: 27 April 2024

Location

Located approximately 3.5 miles southeast of Edinburgh city centre, Holyrood Business Park is situated on the west side of Duddingston Road West and 0.8 miles from Duddingston Village. Duddingston Road West is within walking distance to Niddrie Mains Road which has a range of retail and professional service occupiers. Kinnaird Park and Cameron Toll Shopping Centres are also in close proximately & the property is approximately 4 miles north of the City Bypass, easily accessible via the Sheriffhall roundabout. The surrounding area has a wealth of amenities including The University of Edinburgh-s Peffermill Playing Fields, The Royal Infirmary of Edinburgh, Duddingston Golf Club and Perstonfield Golf Club. There are numerous schools within the locality including Niddrie Mill Primary School, St Francis RC Primary, Castlebrae High School & Holy Rood RC High School.

Description

The Paddock block is located on the north side of the Business Park and comprises 5 offices arranged over the ground and first floors of a two storey traditional stone building. The Category B listed building was built in 1895 & has a glass extension to the front faade. There is a shared tea preparation area and WC facilities on the ground floor. The class 4 serviced office is currently fully let to 5 tenants on 3 monthly rolling licences with a total annual income of £34,320. There is an asset management opportunity or alternatively, the property could be developed for residential use subject to the necessary planning consents. The property is very popular with small businesses given the lease structures and has consistently let between 80-100%. The is ample car parking on site.

Sale

The subjects are being offered on a freehold basis at offers over £325,000.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale £325,000.00 NA

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Emily Anderson

Shepherd Commercial

0131 610 0595

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