Only a few years ago they would have been turned into lifeless offices and sold as a business space the moment they came on the market. Now, the growing number of vacant commercial premises in the exclusive New Town in Edinburgh have gone full circle and are being changed back into elegant homes that could sell for as much as £2m. About one in four commercial sales in the New Town is being reinstated as either a full town house on five floors or divided and sold separately as one or two-bedroom flats. Even basement flats in the sought-after 18th century streets, much of which were built by Robert Adam, the Kirkcaldy-born architect to George III, are selling for upwards of £200,000.
