Edinburgh’s historic ‘Sick Kids’ hospital up for sale

Mon, 05 Dec 2016 | COMMERCIAL PROPERTY

The historic Royal Hospital for Sick Children in Edinburgh has been put up for sale with property experts expecting it to go for millions of pounds.

Fondly known as the ‘Sick Kids’, the hospital, designed by George Washington Browne, has been caring for children and young people in the Lothians and beyond for more than 150 years.

The four-acre site, on Sciennes Road, first opened in 1895 but will soon become defunct as the Sick Kids prepares to move to a new £150 million facility in Edinburgh's Little France area in spring 2018.

David Alexander, managing director of DJ Alexander estate agents, told the Scotsman: “It’s a prime location. This is a cracking site for residential development. There will be people queuing up to buy it.”

The sale includes the category B listed hospital building, 23 terraced villas, several flats as well as land which has potential for new-build development.

David Fraser, residential land and development partner at sellers Ryden, said: “The Royal Hospital for Sick Children is one of Edinburgh’s most iconic properties.

“Ryden considers it a privilege to be instructed on the sale of the property and we look forward to the challenge of securing a successful sale of the site.

“We expect it to attract considerable interest from local, national and international developers as market demand for development opportunities within Edinburgh city centre is currently strong.”

Find commercial property for sale.


Share this article



Latest Businesses for Sale

Plumbers Merchant & Large Bathroom Showroom
Colchester, Essex, South East, UK

With a good level of net profit available and a fantastic reputation, this is an ideal opportunity for an entrepreneur with industry expertise, or a competitor looking to grow through acquisition, to own a successful business with further growth pote...

Asking Price: Offers Invited
Turnover: £970,757

LEASEHOLD


Driving School
Silverstone, Northamptonshire, UK Wide

The long-standing business offers a wide range of services including prestigious, advanced rally driving lessons as well as entertaining rally days out, rally courses, junior rally driving experiences and professional rally driver training based in t...

Asking Price: £350,000
Turnover: £300,000

LEASEHOLD


Manufacturing Company
West Midlands, UK

The business for sale is an established company specialising in the design and manufacture of modular ballast support systems/ access solutions for the HVAC and Renewable energy industries. The flat roof framework system is fully adjustable and can b...

Asking Price: Offers Invited
Turnover: £614,931

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
19
 
Feb
 

On-demand laundry app snapped up after administration | BUSINESS SALE

Laundrapp, an on-demand laundry service which was touted as ...

 
18
 
Feb
 

Subprime lender Amigo launches sale process | BUSINESS SALE

UK subprime lender Amigo has announced that it is in talks w...

 
14
 
Feb
 

Leicester printing firm enters administration | ADMINISTRATION

Long-established Leicester printing firm Taylor Bloxham Grou...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources