Edinburgh-based property investment specialist SRA Ventures have instructed Graham + Sibbald to find potential buyers for this elegant 18th century, mid terraced four storey town house situated in the prime central location of Queen Street.
This is a unique opportunity to purchase a substantial property comprising a whole A Listed town house over the lower ground floor, combined with a range of accommodation over four storeys under a pitched and slated roof. The property, a previous hotel, benefits from Listed Building status, and features the typical architectural design of the period.
Queen Street is conveniently located in the centre of Edinburgh with excellent transport links via Edinburgh Waverley Rail Station, St Andrews Bus Station and the local tram service which serves the area. The property is bounded by Hanover Street and North St David Street, and is home to internationally renowned establishments including the Royal College of Physicians of Edinburgh, New Town Cooking School and Royal London, Ibis Hotels. Additionally, the property has the advantage of a northerly outlook, overlooking picturesque views over Fife.
SRA Ventures – founded and owned by Scots entrepreneur, Shaf Rasul – own and manages a diverse range of industrial, retail, commercial and mixed use asset properties across Scotland.
Mr Rasul said: “6 Queen Street offers great potential. It is an imposing, yet charming character residence with a variety of generously sized accommodation in a sought after central location. The property is an extremely attractive acquisition and one which we strongly believe will provide any potential developer with immediate income through to the end of its current lease.”
The internal accommodation extends to a total of 322.30 sq.m (3469 sq.ft) and is expected to attract offers in excess of £950,000.
For further information and appointments to view, please contact Graham + Sibbald, 40 Torphichen Street, Edinburgh, EH3 8JB – Tel 0131 240 5311.