FOR SALE: New Town North, EH3

New Town North is a unique opportunity to compliment Edinburgh's celebrated Georgian New Town by creating a contemporary development amongst some of Edinburgh's most desirable property.

A golden opportunity to create a new quarter in Edinburgh’s historic city centre.
OPPORTUNITY

New Town North extends to approximately 5.89 acres (2.38 hectares), with its principal road frontage along Dundas Street, which is dominated by offices, retail and residential. To the south, the site faces the high quality Georgian tenement apartments on Fettes Row and Royal Crescent, which define the edge of the world renowned New Town.

The site comprises three principal zones:

  • Western Area – two linked modern office buildings, now vacant and capable of reuse or redevelopment, on a site of approximately 2.67 acres.
  • Eastern Area – an extensive open car park, with limited covered space, of approximately 2.33 acres.
  • Northern area – a combination of cleared ground, a derelict house and a small free-standing storage building, on a site of approximately 0.89 acres.
LOCATION

New Town North is just 0.4 miles from the heart of Edinburgh, bringing its extensive retail, leisure and transport amenities within a short walk or bus ride. Adjacent to Edinburgh’s iconic New Town, it enjoys the surrounding Georgian streetscape, attractive amenities including the Water of Leith, the Royal Botanic Gardens and Inverleith Park, along with an excellent range of local shops and restaurants. This environment is enjoyed by residents and the many people working locally for companies such as Standard Life Aberdeen, Royal London, Trainline, Aecom and Avaloq.

PLANNING

New Town North is within the defined ‘urban area’ of the Edinburgh Local Development Plan (adopted 2016), where a range of uses including residential and commercial are supported in principle, subject to addressing specific planning policies. The surrounding high quality residential uses, the existing office use on site, and the opportunity to extend the existing defined ‘local centre’ along Dundas Street which combines retail, food and beverage, creates the potential for attractive mixed-use development.

DISCOVER MORE

Additional information can be viewed by accessing the New Town North data room. Access will be granted to principal parties interested in purchasing the site. For further information view the site particulars. To view the site and buildings, contact the selling agents:

James THOMSON, Cushman & Wakefield, E: james.thomson@cushwake.com, T: +44 (0) 131 222 4545

 

If you would like to find out more about how we can help you and your business establish, relocate or expand within the city region, or would simply like more information about what Edinburgh has to offer, get in touch today.

E: invest@edinburgh.gov.uk

Share

Get in touch

Investor Support Team

City of Edinburgh Council

E: invest@edinburgh.gov.uk

Latest tweets

follow us @InvestEdinburgh