40-50 Nicolson Street, EH8

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Key Points

Summary

Substantial Former Bingo Club For Sale

Description

The property comprises a former Bingo Hall with 3 floors and is contained within a 4 storey stone building. The bingo hall entrance is to the left of the building frontage.

Ground Floor: Trading accommodation formerly used as a bingo hall with bar servery, customer toilets and reception area.

Basement: Storage areas.

First Floor: Gallery level with fixed seating area with gents toilets. There is also an office located off the stairs to the first floor.

Location

Nicolson Street is located on the edge of Edinburgh city centre. A section of the building is within the Edinburgh Old Town World Heritage Site. The area is well serviced by public transport with Edinburgh Waverley station providing regular services to Scotland and England, whilst there are numerous bus routes that service Nicolson Street.

The property occupies a site on Nicolson Street with Edinburgh Waverley train station 0.4 miles to the north. The surrounding area is predominantly commercial with upper floor residential. Nearby occupiers include KFC, Sainsbury’s, Lidl and Superdrug.

Availability_text

The accommodation comprises the following areas:

Purchasers are advised to check these areas which are indicative only and show best estimates under the current configuration.

Tenure

The property is held heritable and is available with vacant possession.

Rateable Value & EPC

2023 - Rateable Value - £6,000

An EPC is in the course of preparation.

Planning

The property is situated within the South side conservation area of Edinburgh.

Planning permission was granted in November 2018 (planning application number 18/04172/FUL) for change of use to Sui Generis (public house).

Viewing & Terms

The property is currently closed so all formal viewings must be arranged through the joint selling agents Savills and CBRE.

Offers in excess of £400,000 are invited for the benefit of our clients heritable interest. Please note that VAT, if applicable, will be payable in addition to the purchase price.