Edinburgh townhouses set for £2m office revamp
The Charlotte Square Collection has announced plans for a £2 million refurbishment of two townhouses on Edinburgh’s iconic Georgian square.
The Collection, a managed estate of 21 office properties, said the work was being undertaken to meet strong market demand for high quality office accommodation.
Numbers 24 and 25 Charlotte Square on the Square’s south terrace will be reconfigured to create 8,195 sq ft over five floors, “creating a distinct combination of open plan space and prestigious offices”.
The work is set to begin in early 2017.
These are the fourteenth and fifteenth properties in the Charlotte Square Collection to be refurbished, 11 have been completed and work is underway at another two.
Nick Ball of Corran Properties, which manages The Charlotte Square Collection, said: “There continues to be very positive interest in the estate and the market for indigenous companies looking to expand is strong. Charlotte Square is such a magnificent location and our vision five years ago was to restore the Square as a prestigious business address. As we have redeveloped and refurbished the properties in the portfolio, it has become home to an increasing number of private banks, family offices and boutique asset managers, alongside a number of successful Scottish and global businesses.
“The custodianship and redevelopment of the properties within the Charlotte Square Collection has been, and continues to be, a labour of love. We will continue to refurbish and upgrade the properties to ensure that the architectural heritage is respected within a modern and sustainable context. We understand that the value lies in the quality and the character of the buildings and the Square itself.”