NEW DEADLINE for OFFERS - Friday 17 July 2020 at 5pm - Submit Offer Now >>

Lot 211

 Peesweep House, Peesweep Brae, Lugar, Ayrshire, KA18 3LE

Guide Price: £275,000

Vacant Freehold House Offer Now Available


Map & Location Viewings Auction Details How To Bid

Key Features:

Peesweep House is the former Lugar school building within popular East Ayrshire. Currently operated as a successful HMO licensed bedsit and offers the successful purchaser with an average rental income in excess of £45,000 per annum and has the potential to be converted back to a private residential premises within a quiet semi-rural setting --- NEW TO MARKET


  • ***New Entry *** PRICE FOR A FAST SALE *** The property benefits from a large car parking area, 18 rooms in total (8 rooms are currently operated as self contained bedsits), owner occupier self contained flat, private main door entrance two bedroom flat and brick built outbuildings and various storage facilities. Lugar is a former ironworks and mining town in East Ayrshire
  • Traditional Sandstone (former school building) currently owner operated as an HMO bedsit. Freehold sale instruction with full vacant possession available upon completion.
  • Great location with easy access to the A77/M77 only a short drive away. Also, within easy commuting distance to Glasgow and the central belt, with the south side of the city a mere 45 minutes drive. 17 miles from Ayr only 40 minutes to Glasgow. Generous sized site mainly rectangular in shape with main road access and parking for 20 vehicles --- RARE ENTRY AT PRICE
  • Lugar is set between Cumnock and Muirkirk on the A70, yet only 16.5 miles south east of the bustling and thriving town of Kilmarnock with its large selection of shopping and leisure activities. The quiet village of Lugar is the ideal location to escape to the country and start living your dream rural life


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Council Tax

Search Council Records

- Click the above link to search the latest records for this postcode.


Enhanced Buying Terms:


Lower Deposit 5%
- Standard Deposit is 10% of the sale price.
Longer Completion 6 Weeks
- Standard completion is 4 weeks from the auction date.



Full Details:

Peesweep House is the former Lugar school building within popular East Ayrshire. The property is currently operated as a successful HMO licensed bedsit and offers the successful purchaser with an average rental income in excess of £45,000 per annum and has the potential to be converted back to a private residential premises within a quiet semi-rural setting --- NEW TO MARKET --- PRICE FOR A FAST SALE *** The property benefits from a large car parking area, 8 bedrooms (all currently operated as bedsits), owner occupier self contained flat, private main door entrance two bedroom flat and brick built outbuildings and various storage facilities. Lugar is a former ironworks and mining town in East Ayrshire. Traditional Sandstone (former school building) currently owner operated as an HMO bedsit. Freehold sale instruction with full vacant possession available upon completion.

Request More Details:
MORE INFORMATION LEGAL PACK HOME REPORT

Phone:

0141-632-6599

Email:

info@future-auction.com

Guide Price: £275,000 - Offer Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Offer Now Explained...

You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Map & Location:


Lugar is a former ironworks and mining town in East Ayrshire. It is 17 miles from both Ayr, to the west on the A70 and Kilmarnock, to the north-west via the A76. Peesweep Brae runs north of the A70 into the hills above the village of Lugar and the industrial site is accessed through a stone and ornate iron fence entrance on the east side of the Peesweep Brae, approximately half-a-mile from the village.

Viewings:


IMPORTANT NOTICE...


Due to Government advice on COVID-19 no open viewings are currently possible. We advise all interested parties to follow social distancing rules for safety and to wear PPE when visiting properties.

Auction Details:



  • Auction Date...

    17 July 2020, 5pm


  • Auction Location...

  • Deadline for Offers


How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.



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