Edinburgh theatre on sale for over £3m

Central Edinburgh venue the Rose Theatre is on the market for offers in excess of £3m.

The theatre’s owner, Danish ballet dancer and choreographer Peter Schaufass, says he decided to close the theatre and put it up for sale as running two venues simultaneously had become “too much” for him.

He now plans to concentrate on developing his other venue, Edinburgh’s Saint Stephen’s Church, into a “world-class” venue.

The Rose Theatre is a Grade B-listed venue built in 1912, which hosts a 340-main seat hall alongside a second basement theatre, attic performance space and cabaret bar.

“I sincerely hope that [the Rose Theatre] will be bought by another creative operator within the industry that can take the venue further forward,” Schaufass said.