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Development Opportunity, 11, Dean Park Mews, Stockbridge, Midlothian. EH4 1EE

Property Details
Agent Ref No: L021849
Category:
Type: Offices
Offer Type:
Price: 575,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2008-08-18
Size: 2385 sq. ft
Tenure:
Min Rental Size: Not Applicable
Property Status:
More Than Business

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Description

This property is offered for sale Asking Price: Offers over £ 575,000 Last verified 21 July 2008 Offers in excess of £575,000 are invited for the freehold interest in the property. Interested parties are advised to note interest with the selling agent in order to be kept informed of any closing date that is set. Please note, the marketing agents client need not accept the highest offer, nor indeed any offer on the property. The property is currently let on two separate leases both of which are due to expire in June 2009. Lease one is to Crimson Edge PR Ltd on internal Repairing and Insuring Terms at a passing rental of £15,500 per annum. Lease two is to Noosphere Ltd on internal repairing and insuring terms at a passing rental of £10,500 per annum. Further lease information is available by request. All prices, rents and outgoings are quoted exclusive but may be liable to VAT. There is planning permission in place for conversion into two mews style houses arranged over three floors with internal garage. The completed accommodation will provide flexible open plan family space with three bedrooms. Further details are available upon application to the marketing agents.


Comments
The subjects currently comprise a two storey end terrace mews building of traditional construction arranged under a pitched and tiled roof. Internally the property is divided into several office suites benefiting from plastered and papered walls, carpeted floors and fluorescent lighting.
The subjects are located in the Stockbridge district of Edinburgh, approximately 1 mile to the north of the city centre within an affluent suburb. The premises benefit from a quiet lane position in a desirable residential area.
Nearby occupiers are predominantly stone built mews style houses and local amenities are provided on Raeburn Place which has a wide selection of local and national traders.
There is planning permission in place for conversion into two mews style houses arranged over three floors with internal garage. The completed accommodation will provide flexible open plan family space with three bedrooms.

Property Parts
Total Area 2,385 Sq Feet

Features
Cellular Layout
Electric Heating
Security Alarm
2 Floors
Kitchen Facilities
Mixed Lighting

Notice
Unless otherwise indicated, all information displayed is copyright © 2008 Scottish Property Network Limited.  Information provided, including information on any property identified as available for sale, lease or disposal can not be guaranteed accurate and should not be regarded as an offer to sell, lease, or otherwise dispose of that property.