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The early PA report:

POLICE SURROUND PARLIAMENT OVER GUNMAN REPORT
By Gordon Darroch, PA News
Armed police tonight surrounded a building near the site of the new Scottish Parliament building following reports of a firearms incident.
Police cordoned off a section of Holyrood Road in Edinburgh after receiving reports that a man had been seen carrying a gun at about 3.30pm.
Eight police vehicles, including six vans and an armed response unit, rushed to an address between Holyrood Road and the Pleasance, about 300 yards from where the Parliament is being built.
A spokesman for Lothian and Borders Police said: “We are responding to an incident involving and individual. Armed response officers have been deployed because we have reason to believe a firearm may have been involved.
“As the situation is changing all the time, we cannot comment any further at the moment.”
mfl

"an address between Holyrood Road and the Pleasance" is an odd thing to say, because they are at right angles to each other, they intersect. If they mean on the corner of Holyrood Road and the Pleasance, then it's possibly the homeless hostel, which is near the corner -- the building nearest the corner is a business premises. There's also a pub across the road from the hostel. Then there are university buildings and the Dumbiedykes housing estate, then us. Across the road from us is the parliament site and a lot of other new buildings -- flats, a hotel, coffee bar etc.