Hotel Development Opportunity, 10 Picardy Place, Edinburgh, Scotland, EH1 3JT
Business rates & charges may apply
- SIZE
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- SECTOR
Commercial development for sale
Key features
- Ideally Situated in Edinburgh City Centre
- Strongest UK Hotel Market Outside London
- Apartment Hotel - 51 Lettable Bedrooms
- GIA - 21,568sq.ft
- Planning Application (Ref: 23/01789/FUL)
- EPC Rating C
- Christie & Co Ref: 5245042
Description
A Planning Application (Ref: 23/01789/FUL) has been submitted for the creation of a new apartment hotel comprising 51 lettable bedrooms ranging in size from 19sq.m to 26sq.m.
The bedrooms will be located across lower ground floor to fourth floor, with plant and back of house accommodation located in the lower ground floor level.
10 Picardy Place is conveniently located in the heart of Edinburgh, one of the strongest hotel markets in Europe. The property is prominently situated in the city centre on Picardy Place, less than a five minute walk to Princes Street, George Street and Queen Street.
The property benefits from excellent accessibility, conveniently located a five minute walk to Edinburgh Waverley train station and opposite Picardy Place tram stop, which allows travel to and from Edinburgh Airport and Newhaven. Located within a couple minutes’ walk to St James’ Quarter shopping centre, Omni Leisure Centre and Edinburgh Playhouse, which is billed as Edinburgh’s Broadway.
The immediate surrounding area offers a great mix of shops, restaurants and bars. Nearby hotels include The Glasshouse, The W Edinburgh, Holiday Inn Express, Premier Inn, and Hotel Indigo.
Gross Internal Floor Areas calculated as:
LGF 361.00sq.m / 3885.00sq.ft
GF 340.00sq.m / 3659.00sq.ft
1F 341.00sq.m / 3670.00sq.ft
2F 338.00sq.m / 3638.00sq.ft
3F 321.00sq.m / 3455.00sq.ft
4F 303.00sq.m / 3261.00sq.ft
TOTAL 2004.00sq.m / 21,568.00sq.ft
This excludes the internal courtyard and front basement.
Energy Performance Certificates
EPC 1Brochures
Hotel Development Opportunity, 10 Picardy Place, Edinburgh, Scotland, EH1 3JT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Edinburgh Waverley Station0.4 miles
- Haymarket Station1.4 miles
- Slateford Station3.0 miles
About Christie & Co, Hotels
Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS
We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.
If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco
Notes
Disclaimer - Property reference 5245042-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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