A Scottish theatre has been put up for sale by its owner the Danish choreographer and director Peter Schaufuss.
The Rose Theatre in Edinburgh was described as having been a successful Fringe venue since Mr Schaufuss transformed the former Charlotte Methodist Chapel.
He purchased the building in 2016 and opened a year later after a £1.8 million conversion.
Agent Rettie & Co said: “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 has 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.”
It said it offers a “unique opportunity” at a guide price of £3 million.
The property is spread over five levels with the third floor featuring a self-contained caretakers flat with "stunning uninterrupted views" of the castle.
“Situated ideally in the heart of Edinburgh's New Town and prominently on the western end of Rose Street, Rose Theatre occupies an envious location within the city centre,” Rettie said. "The immediate surrounding buildings are in a mix of uses with a wide variety of hospitality venues, hotels, retail, offices and residential.
“Neighbours include, The Kimpton, and Waldorf Astoria Hotels and The Johnnie Walker Whisky Experience.”
Mr Schaufuss was quoted in All Edinburgh Theatre as saying: "I sincerely hope that it will be bought by another creative operator within the industry that can take the venue further forward."
Economy must be absolute priority for new first minister
It is exactly three years since we had the first hints of the terrible damage and disruption of the pandemic, when stores were plundered in pursuit of toilet rolls and pasta ahead of what became a nationwide lockdown.
It has been a time of extraordinary tumult. After three years of Covid lockdowns and conflict in Ukraine, a costs crunch is afflicting households and businesses.
John Swinney praised for support of Scottish sector
Both Sir Tom Hunter and Lord Willie Haughey believe that John Swinney, who has announced his decision to stand down as Scotland’s longest-serving deputy first minister when Nicola Sturgeon’s successor is appointed, will be “sorely, sadly and badly” missed.
Sir Tom, who credited the veteran politician for his support of The Hunter Foundation when the Scottish EDGE business competition launched in 2013, said that in a world of politics that is an “ever-changing feast”, the Deputy First Minister was “someone who could get to the nub of a problem very quickly”.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here