Major contract win for the commercial property specialist
Ryden has won a major contract with NHS Lothian and The Edinburgh and Lothian Health Foundation (the “Foundation”) to market and dispose of the current Royal Hospital for Sick Children at Sciennes Road which will soon become surplus to requirement as its clinical services relocate to a new £150 million state-of-the-art facility at Little France.
Marketing of the site begins week commencing 21st November and includes the main, category B listed, George Washington Browne-designed hospital building; 23 terraced villas and several flats located along Rillbank Terrace, Rillbank Crescent and Millerfield Place; together with land with potential for a new build development. The entire site extends to approximately 4.01 acres.
Ryden’s track record of successfully disposing of public sector assets, particularly for the NHS as well as Scottish Futures Trust which is working with NHS Lothian and the Foundation on the site’s disposal, helped the firm to secure the appointment.
David Fraser, residential land and development partner at 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.”
The original RHSC opened in 1860 at 7 Lauriston Lane and relocated to Sciennes Road in 1895 with the construction of the George Washington Browne building.