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Informations principales sur l'investissement

  • Straightforward commercial purchase with vacant possession
  • Characterful former chapel premises with scope for repurposing
  • Attractive opportunity for a range of occupiers, investors or developers
  • Well placed within an established residential area to the east of the city centre

Résumé analytique

5 Piershill Place, Edinburgh EH8 7EH
DEVELOPMENT OPPORTUNITY
Planning in for a two-bedroom flat.
Class 10 (Non-Residential Institutions)

Property Overview
5 Piershill Place is a commercial unit which has been previously used as a church/chapel building in the Piershill area of Edinburgh, offered for sale with vacant possession as a straightforward commercial purchase. The property is expected to appeal to owner-occupiers, investors and developers seeking a character building with alternative-use potential, subject to all necessary consents. The location sits to the east of Edinburgh city centre with convenient access to Meadowbank, Portobello Road and the A1 corridor.
Key Selling Points
• Straightforward commercial purchase with vacant possession.
• Attractive opportunity for a range of occupiers, investors or developers.
• Characterful former chapel premises with scope for repurposing.
• Existing planning application for change of use and conversion to a two-bedroom flat.
• Well placed within an established residential area to the east of the city centre.
Planning Context
Public planning records indicate a current application for change of use of the existing church (Victory House Chapel) and conversion to create a two-bedroom flat under reference 26/01917/FUL, together with a related listed building consent application under reference 26/01951/LBC for mainly internal alterations plus limited external works to the rear elevation. Both applications were recorded as awaiting assessment when last publicly referenced. Interested parties should make their own enquiries with the City of Edinburgh Council and review all planning documentation before relying on the proposal.
Accommodation
The property comprises a former chapel/commercial premises arranged to provide open internal accommodation capable of adaptation, subject to survey and consents.
Total Ground Floor Area: 85 Sq. m (915 Sq. ft)
Suitable For
The property may suit a variety of purchasers including commercial owner-occupiers, studio or workshop users, community-oriented uses, or developers seeking to progress the residential conversion opportunity, all subject to the appropriate statutory consents and technical due diligence.
Sale Terms
The property is offered for sale on a heritable interest basis with vacant possession, subject to contract. The Sought Price is offers over £150,000. Each party to be responsible for their own legal costs. Any transaction will be subject to the usual anti-money laundering and identity checks.
Two-bedroom flats typically range from £185,000 to £290,000 Depending on the exact location, condition, and type of building. For an experienced developer or builder with resources a decent margin should be achievable if done to a good standard.
Rateable Value
The premises have a rateable value of £6,200 effective from the 1st of April 2026.
Important Notice
These particulars are intended as a general guide only and do not form part of any offer or contract. All statements, dimensions, planning references and development potential should be independently verified by prospective purchasers. Any future use or redevelopment is strictly subject to obtaining all necessary planning, listed building and other statutory consents.

Informations sur l’immeuble

Type de vente
Investissement ou propriétaire occupant
Condition de vente
Projet de requalification
Type de bien
Local commercial
Droit d’usage
Pleine propriété
Sous-type de bien
Bar
Surface de l’immeuble
85 m²
Classe d’immeuble
C
Année de construction
1900
Prix
176 010 €
Prix par m²
2 070,56 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,83
Surface du lot
0,01 ha
Façade
12 m sur Piershill Place

Caractéristiques

  • Accès 24 h/24

Principaux commerces à proximité

Costa Coffee
Morrisons
Nisa
Starbucks
Lidl
Sainsbury's
The Gym Group
Iceland
Londis
  • ID de l’annonce: 40882164

  • Date de mise sur le marché: 11/06/2026

  • Dernière mise à jour:

  • Adresse: 5 Piershill Pl, Edinburgh EH8 7EH

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