Rettie's Development Services Team have had an exceptionally busy few years and have been involved in some incredibly exciting projects recently. This diverse mix of properties included, hotels, consulates, and former care homes. The majority have been suitable for residential conversion, but we also have a broad client base looking for everything from hotels to serviced apartments and student accommodation.
For more information on development opportunities or if you have a property you are considering selling, get in touch with our team.
Historic Property Sold: The Claremont Hotel
Rettie’s Land & Development Team are proud to announce the sale of The Claremont Hotel, 14/15a Claremont Crescent, Edinburgh. A significant townhouse in the Edinburgh’s world-famous New Town.
The building has been used as an hotel for the last 30+ years and this sale represents an opportunity for the grade A listed building to be given a new lease of life. The property is a considerable residential opportunity with the ability to subdivide into a number or residential flats as well as having development potential within the car park.
The Claremont Hotel is the last commercial property on the proud Georgian Crescent and signifies the final piece of the puzzle as The Crescent shifts back to residential use after a significant period of predominantly office use throughout the late 1990s.
Investment Opportunity: The Rose Theatre
A unique opportunity to obtain one of the most significant buildings along Edinburgh's world-famous Rose Street in its historical New Town.
The Rose Theatre is a Grade B listed building, originally built in 1912 as a church and converted into an operational Theatre and Arts Centre in 2018. The venue now features an Alcohol License (including a late 3am licence Friday and Saturday during the Fringe and Hogmanay) and has a proven record of accomplishment of attracting successful productions from companies such as Gilded Balloon, Captivate & Classical Events Limited.
The property is arranged over 5 levels (basement, ground, first, second and third floors) with the third floor featuring a self contained caretakers flat with stunning uninterrupted views of the castle.
For more information on this property contact our Land and Development Team on ☎️ 0131 220 4160.
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The "Living Local with Rettie" campaign highlights the expertise and community commitment of Rettie's team members across Scotland. Through videos featuring dedicated staff in various regions, the series showcases how Rettie's local knowledge, personal connections, and passion for service enhance the client experience and make them a trusted choice in property services.
Last week was a big week in politics north and south of the border. It is going to be a much bigger week this week, when the next US President is decided, but since the impact of that will not affect the Scottish housing market too much (at least in the short-term), we can dispense with it for the time being. The political events from last week that will significantly impact on the Scottish housing market are the UK Budget and the Scottish Government Housing Minister’s announcement on the future direction of the new Housing Bill. We look at both of these in turn briefly below and attempt to draw out likely impacts.
Strong demand – high rent inflation. When considering property as an investment class, the number one priority is ensuring there is demand for your property, and that you can command a strong rent. Never in a generation have we seen such high demand, low supply, and steep rent inflation in Edinburgh & Glasgow