Terraced house

Our Summary

• Knight Frank presents a rare opportunity for investors and developers to acquire a fully consented aparthotel development site in the heart of Edinburgh's prestigious New Town
• • Rare opportunity to acquire a consented aparthotel development site in Edinburgh's highly sought-after New Town • Full planning permission and Building Warrant secured for the conversion and redevelopment of the property into a 17-room aparthotel • A-listed Georgian townhouse with a modern rear extension, combining heritage character with contemporary design potential • Proposed accommodation includes a mix of classic rooms, executive suites and family units • Opportunity for an incoming purchaser to deliver the development to their own specification, branding and operational model • Sympathetically designed plans incorporating the restoration and utilisation of three under-pavement cellars for plant, storage and servicing • Prime city centre location within walking distance of Princes Street, Waverley Station, Edinburgh Old Town and the city's key tourist and commercial destinations • Strong market fundamentals supported by Edinburgh's resilient and internationally recognised hospitality sector • Detailed planning information, drawings and technical documentation available on request With continued demand for high-quality aparthotel accommodation in central Edinburgh and a constrained development pipeline within the city centre, 29 Albany Street represents a compelling development and investment opportunity
• Some images have been computer generated and are for illustrative purposes only based on the potential finished product approved under planning and build warrant