38-40 Dundas Street, Edinburgh, EH3 6JN
Sale history
£350,000 in July 2022
The property
This is a rare opportunity to purchase a Georgian ground floor commercial unit enjoying a strong trading position beside several quality art galleries and antique shops in Edinburgh’s prestigious New Town. It is part of an A-Listed sandstone pavilion dating back to around Circa 1814-23 and benefits from a good ceiling height and dual aspect. Now vacant, the 47 sqm property (along with the lower ground premises) previously operated as a legal firm for many decades and is suitable for other Class 2 use options (Financial and professional services) with permitted change to Class 1. The lower unit (number 40) is currently also available to purchase as business premises or separate development opportunity for conversion into a 2-bedroomed flat. Internally, 38 Dundas Street provides office/retail space to the front with a large 12-pane timber sash-and-case window and classic double entrance door. A separate staffing area to the rear is extremely sunny and will soon provide a recessed kitchen sink and accessible toilet (with hand basin). On completion of the proposed alterations, the property will be freshly decorated. Being a commercial property it does not require a Home Report. Part of an established Georgian parade, the property is positioned on the west side of Dundas Street beside the junction with Great King Street and within the protected New Town Conservation Area and Unesco World Heritage Site. Dundas Street has high volumes of passing pedestrian and vehicular traffic (including numerous buses). It less than a ¼ mile away from the Edinburgh’s main commercial centre and Princes Street. The property is connected to mains supplies of water and electricity with drainage into the main public sewer. The Rateable Value has yet to be re-assessed. Viewing Viewing is strictly by appointment with the Agent 075958 20611 kwilson@dm-property.com.
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