EDINBURGH

St Margaret's School

St Margaret's School

Site comprising former well known Edinburgh girls school buildings extending to c 40,000 sq ft acquired with vacant possession.  Pre-let agreed with Travelodge for 115 bed hotel development.  Planning consent obtained and fixed price contract negotiated with national contractor.  Site sold on to private developer/investor with profit derived from site sale resulting in no development risk.

End value            £10m