The Priory | 37 Canaan Ln
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The Priory 37 Canaan Ln
11,798 SF Office Building Edinburgh EH10 4SG £2,300,000 (£195/SF)
Investment Highlights
- Residential development opportunity in prime Morningside location
- Minded to grant planning for 8 conversion apartments and 3 new build townhouses
- Building most recently used as an office extending to c. 11,798 sq ft
Executive Summary
Offers over £2,300,000
The site extends to approximately 0.7 acres in total and comprises an office building. Ark Housing Association have owned and occupied the building and wider site since 1992 but have recently relocated. The existing two-and-a-half-story building dates from the 18th century and was originally the mansion house which was associated with Canaan Estate. The building has been altered and extended over the years and is around 11,798 square foot across 3 floors. In addition to the building, there is a lawn to the south of the building and car parking surrounding the property to the north and east.
The site extends to approximately 0.7 acres in total and comprises an office building. Ark Housing Association have owned and occupied the building and wider site since 1992 but have recently relocated. The existing two-and-a-half-story building dates from the 18th century and was originally the mansion house which was associated with Canaan Estate. The building has been altered and extended over the years and is around 11,798 square foot across 3 floors. In addition to the building, there is a lawn to the south of the building and car parking surrounding the property to the north and east.
Property Facts Sale Pending
Sale Type
Investment
Sale Condition
Development Sale
Property Type
Office
Tenure
Freehold
Building Size
11,798 SF
Building Class
C
Year Built
1780
Price
£2,300,000
Price Per SF
£195
Tenancy
Single
Number of Floors
3
Typical Floor Size
3,933 SF
Parking
27 Spaces (2.29 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
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The Priory | 37 Canaan Ln
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