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Offers Over £325,000
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commercial property for sale in New Town

30 Annandale Street Lane, Edinburgh, EH7 4LS
2
ESPC Chartered Firm
Total Floor Area 157m²
Council Tax Band A
Tenure Freehold

Property highlight: A two-storey mews office building in Edinburgh's New Town with potential for residential conversion.

A rare opportunity to purchase a two-storey terraced mews office building in the heart of Edinburgh's prestigious New Town. The 157 SqM, A-listed property is currently set up as four sizeable office spaces with WC rooms and integral kitchen areas on both floors, however it is a prime candidate for future residential conversion into a mews house or two flats, subject to planning. The property benefits from two private parking spaces, attractive internal gable walls, high ceilings and a bright open-plan area upstairs which will provide the new owners flexibility as well as the exciting opportunity to set the style and standards of the space to their own liking after the current tenants vacate in May. In brief, the property comprises; entrance lobby with under-stair storage, two sizeable downstairs office spaces with traditional wooden floors, large front-facing windows and a small kitchen area with a recessed kitchen sink, downstairs WC room, two further dual aspect openplan office spaces upstairs, one of which boasts a period fireplace feature in the stone wall. Also upstairs is a second WC room, further storage, and a larger kitchen area with space for a fridge. The property benefits from double glazing and electric heating creating a comfortable environment all-year round. Externally, the property benefits from private parking situated on the unadopted lane on the doorstep which is large enough for two cars. There is also additional zoned residents' parking in the surrounding streets. Located in Edinburgh's prestigious World Heritage Site of the Georgian New Town, Annandale Street Lane is only a few minutes' walk from the retail and commercial centre of Edinburgh in St James Quarter, George Street, Princes Street, and a short journey from the West End commercial district. Waverley Train Station and St Andrew Square Bus Station are also easily accessible, making this an easy commute. The nearby tram stop on McDonald Road provides a direct link from throughout the city and Edinburgh International Airport. As a potential residential property, the location enjoys all the benefits of city centre living with a wide variety of shops, bistros and restaurants. The open spaces of the Royal Botanic Gardens, Inverleith Park and the Water of Leith are all within walking distance. There are excellent local schools on the north side of the city both in the state and private sectors. Being a commercial property, it does not require a Home Report. Band: TBC Council Tax Band: A Viewings strictly by appointment with the selling agents - 0131 556 0159 property@satsolicitors.co.uk

  • Hall/Lobby

    4.64 m X 3.03 m / 15'3" X 9'11"

  • Office 1

    6.94 m X 4.03 m / 22'9" X 13'3"

  • Office 2

    6.75 m X 4.04 m / 22'2" X 13'3"

  • Downstairs WC

  • Office 3

    6.91 m X 4.09 m / 22'8" X 13'5"

  • Office 4

    6.72 m X 4.03 m / 22'1" X 13'3"

  • Upstairs WC

  • Storage

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New Town, Edinburgh City Centre at a glance*

  • Average selling price

    £479,642

  • Median time to sell

    58 days

  • Average % of Home Report achieved

    98.9%

  • Most popular property type

    2 bedroom flat

To find out more about the local market, contact Sturrock, Armstrong & Thomson today.
* Figures are based on properties marketed and sold through ESPC. Home Report valuations relate to properties where the Home Report was available on espc.com. Figures relate to the 3 month period ending on 31/12/2024

What will my monthly repayments be?

Repayment: £0
Interest only: £0

How much can I borrow?

You May Borrow: £0
* School catchment data is provided for information purposes only and ESPC UK Ltd does not accept any responsibility for the accuracy or completeness of the data. You should always contact the local authority responsible for the provision of education in a property's location, and more information on particular school catchment areas can be found via the links here.