Arts & Culture

The Rose Theatre put up for sale for £3m

Featured image credit: Jure Tufekcic on Unsplash

The Rose Theatre in Edinburgh, which is currently owned and operated by Danish ballet dancer and choreographer Peter Schaufuss, has been put up for sale with a price tag of £3m (€3.4m/$3.6m).

The theatre has been used as a venue during the Edinburgh Festival Fringe, and has also hosted shows from entertainment production companies Golden Balloon and Captivate Theatre. The space has also been used by MGA Academy of Performing Arts.

Schaufuss also owns Saint Stephen’s Church, another venue in the Scottish city, where he presented a dance version of Hamlet starring Ian McKellen during last year’s Edinburgh Fringe.

The Rose Theatre is a Grade B-listed venue and includes a 340-seat main hall, a 130-seat basement theatre, a 100-seat studio, a cabaret bar and an attic performance space. The venue also boasts rehearsal spaces, dressing rooms and a self-contained flat.

It is listed with estate agents Rettie, which is seeking offers of more than £3m for the property.

The Rose Theatre was originally built in 1912 and operated as a church for over 100 years, before it was bought by Schaufuss in 2016 and converted into a performing arts venue. This project cost almost £2m to complete.

Schaufuss told The Stage: “I sincerely hope that [the Rose Theatre] will be bought by another creative operator within the industry that can take the venue further forward.”